The record labels and music publishing business owned by French media conglomerate Vivendi said it increased market share in 2007 but revenues were down 1.7% to €4.9bn (£3.6bn) as the wider music industry continued to suffer. Once the group's acquisition of BMG Music Publishing and UK music group and merchandising business Sanctuary were taken into account revenues were up 3% on a constant currency basis. Without those new additions, revenues were down 3%, partly "reflecting a difficult music market". (The Guardian, News Observer, Coolfer)
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