Vivendi, the parent company of Universal Music Group has attributed their 9.1% revenue boost to a strong release schedule which includes Pink Friday: Roman Reloaded the sophomore album from Trinidad-born Nicki Minaj, relased April 3.
The increase of 961 million Euros (from last year) translates to about US$1.3 Billion
Marking her second time atop the Billboard 200, sales of Nicki’s ‘Roman Reloaded’ have made her Universal’s fastest selling Rap act of 2012- so far.
Debuting in the US with an underwhelming 253,000 units (122,000 copies less than that of her debut LP ‘Pink Friday‘), ‘Reloaded’ sold over half a million copies world wide within its first month of release, set to reach the 1 million units moved mark by the first week of July.
This, one year after ‘Friday‘ wowed critics by outselling Rihanna‘s ‘Loud’ and Chris Brown‘s ‘FAME’ in the US, sans the benefit #1 single or subsequent world tour.
Via [That Grape Juice]