Sony Music’s quarterly recorded music revenues rose by 48.2% year-on-year in calendar Q2 2021 (the three months to end of June). In fact, they were up by a massive USD $451 million versus the same period in 2020. This increase came off the back of an uncharacteristically soft quarter for Sony in calendar Q2 2020, when – hit by the effects of the pandemic – it turned over $936 million from recorded music.
Source: Sony’s recorded music revenues jumped by $451m YoY in calendar Q2, as streaming revenues rose 50.2%