Resurgence in vinyl sees revenues grow at Irish arm of Universal Music 

Irish arm of the world's largest record label welcomed continued growth in subscribers to legal streaming platforms and a continued resurgence in vinyl records 

Hozier, who is signed to UMG's Island Records subsidiary, and band performing on the main stage at Electric Picnic on Friday night. Picture Larry Cummins

The Irish arm of the world's largest record label has experienced a significant resurgence in the popularity of vinyl records, which it said was a key driver of revenue over the last 12 months.

Recently-filed accounts from Universal Music Ireland Ltd show the company's revenue rose marginally to €32.4m in the twelve months to December 2024, up from €31.7m in the previous year.