Apple has $205 billion-plus cash on hand, but the struggling music labels gave its nascent subscription streaming service Apple Music a big financial break. Universal Music owner Vivendi admitted as much during its earnings call on Wednesday. Digital recorded revenue is up year-on-year in the third quarter, but it fell by $18 million versus the...
Apple has $205 billion-plus cash on hand, but the struggling music labels gave its nascent subscription streaming service Apple Music a big financial break. Universal Music owner Vivendi admitted as much during its earnings call on Wednesday. Digital recorded revenue is up year-on-year in the third quarter, but it fell by $18 million versus the...
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