universal music group nvthe music major behind the weeknd billie eilish and taylor swiftposted higher revenue in the third quarter as it continued to benefit from the growing popularity of streaming services the worlds largest music company which started trading on the euronext amsterdam stock exchange last month said wednesday that revenue for the three months to sept 30 climbed to 215 billion euros 249 billion from eur186 billion last year earnings before interest taxes depreciation and amortizationa closely watched profit metric for universalrose to eur426 million from eur380 million with a margin of 198 our operational and financial performance this quarterour first as an independent publicly traded companydemonstrates both why umg is the worlds most successful music company as well as how our commitment to artists career development and fostering innovation promotes growth across the music ecosystem said chief executive lucian grainge universals recorded music business which encompasses subscription and streaming revenue accounted for the lions share of revenue growth subscription and streaming revenue jumped 152 in constant currency to eur113 billion