Universal Music UK reported their 2017 revenues of $458.55 million (£344.3 million), which is a year-on-year increase of 8.8%. The gross profit of Universal Music Operations Ltd stood at $142.33 million (£106.9 million) in the year, up 12.3 percent on 2016. After distribution costs and administrative expenses, the firm’s annual operating profit hit £10.6 million […]
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