(Reuters) -Universal Music Group reported first-quarter sales above market expectations on Tuesday, helped by growth in recorded music and music publishing.
The music label of Taylor Swift, BTS and Drake said its revenues grew by a yearly 11.8% in the quarter ended March to 2.90 billion euros ($3.31 billion), higher than the 2.83 billion in an LSEG analysts consensus forecast.
($1 = 0.8770 euros)
(Reporting by Alessandro Parodi in Gdansk, editing by Emelia Sithole-Matarise)
Brought to you by www.srnnews.com
