This article was published on October 28, 2021
Sony’s global recorded music business enjoyed a standout quarter in calendar Q3 – with streaming revenues surpassing the magic USD $1 billion mark during the three months to end of September.
That’s according to new fiscal results for Sony Music Group posted by its parent, Sony Group Corp, in Japan today (October 28) and analyzed by MBW.
It was the first time in history, according to MBW’s calculations, that Sony’s recorded music revenues from streaming have broken the quarterly $1 billion milestone.
Article link: https://www.musicbusinessworldwide.com/sony-musics-quarterly-streaming-revenues-burst-above-1bn-for-the-first-time/