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Taylor Swift continues to be a moneymaker for Universal Music in Q3

Cultural phenomenon Taylor Swift helped fuel revenue at Universal Music Group in the third quarter, the world’s largest record label said Wednesday.

Total revenue was 2.75 billion euros ($2.9 billion) in the quarter, up 3.3%.

Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) stood at 581 million euros ($612 million), up 5.1%, the company reported.


Taylor Swift attends the "Taylor Swift: The Eras Tour" concert movie premiere in Los Angeles on Oct. 11.
Taylor Swift attends the “Taylor Swift: The Eras Tour” concert movie premiere in Los Angeles on Oct. 11.
Getty Images for TAS

Universal Music logo
Total revenue rose 3.3% to nearly $3 billion in the quarter.
REUTERS

The top sellers for the quarter included Swift, Seventeen, Morgan Wallen, Olivia Rodrigo and King & Prince.

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