Welcome to our dedicated page for Universal Music news (Ticker: UNVGY), a resource for investors and traders seeking the latest updates and insights on Universal Music stock.
Universal Music Group (UNVGY) is the world's leading music entertainment company, driving cultural impact through recorded music, publishing, and artist development. This page provides centralized access to verified news and strategic updates essential for understanding UMG's market position.
Investors and industry professionals will find timely updates including earnings reports, partnership announcements, and catalog acquisitions. Our curated feed ensures you stay informed about licensing innovations, streaming trends, and UMG's artist-first initiatives shaping the global music landscape.
All materials are sourced directly from official releases and reputable financial analyses. Bookmark this page for efficient tracking of UMG's operational milestones and industry leadership in the evolving digital entertainment ecosystem.
Universal Music Group (OTC:UNVGY) announced that Non-Executive Director Cyrille Bolloré has resigned from its Board of Directors, effective immediately. The resignation comes as Mr. Bolloré aims to focus on his responsibilities at the Bolloré Group. Despite his departure, Mr. Bolloré maintains strong support for UMG's management team and strategy. The UMG Board expressed gratitude for his contributions to the company.
Universal Music Group (OTC:UNVGY) has confidentially submitted a draft registration statement on Form F-1 to the SEC for a proposed U.S. public offering. The offering will consist of ordinary shares held by existing shareholders, with UMG not receiving any proceeds from the sale.
The specific details including the number of shares and price range have not been determined yet. The offering's completion depends on SEC review and market conditions. Currently, UMG trades on the Euronext Amsterdam exchange under the symbol UMG.
Universal Music Group (OTC:UNVGY) has scheduled its second quarter and first half 2025 financial results announcement for July 31, 2025, after the Euronext market close. The company will host a conference call the same day at 6:15pm CEST to discuss the results.
A live audio webcast will be available on the company's investor relations website. Investors and analysts who wish to participate in the Q&A session must pre-register for a dial-in line through the "Financial Reports" section of the website.
Universal Music Group (UNVGY) held its 2025 Annual General Meeting where shareholders approved all proposed resolutions. Key approvals included the 2024 financial statements, remuneration report, and re-appointment of several directors including Vincent Vallejo as Executive Director and Sherry Lansing, Haim Saban, and Luc van Os as Non-Executive Directors.
Shareholders approved a final dividend of €0.28 per share. Combined with the interim dividend of €0.24 paid in October 2024, the total dividend for 2024 amounts to €0.52 per share. The final dividend will be paid according to the following schedule: ex-dividend date on May 21, record date on May 22, and payment date on June 13, 2025.
Universal Music Group (UNVGY) announced that Bill Ackman has resigned from his position as Non-Executive Director on the company's Board of Directors, effective May 14, 2025. The resignation comes as a result of new executive and board obligations related to Ackman's recent investments. The Board expressed gratitude for Ackman's contributions to the company during his tenure.
Universal Music Group reported strong Q1 2025 financial results with revenue reaching €2,901 million, up 11.8% year-over-year. The company saw significant growth in both Recorded Music and Music Publishing segments.
Key highlights include:
- Recorded Music revenue increased 12.7% to €2,241 million
- Subscription revenue grew 11.5%
- Music Publishing revenue rose 11.9% to €555 million
- Adjusted EBITDA reached €661 million, up 11.8%
Top performing artists included Kendrick Lamar, Sabrina Carpenter, Lady Gaga, The Weeknd and Mrs. GREEN APPLE. Digital revenue showed strong performance with streaming growth, while physical sales saw a 17.6% increase driven by vinyl sales in the U.S. and Europe. The company maintained a steady Adjusted EBITDA margin of 22.8%, demonstrating operational efficiency despite market changes.
Universal Music Group N.V. (EURONEXT: UMG) has scheduled the release of its first quarter 2025 financial results on April 29, 2025, after the Euronext market closes. The company will hold a conference call to discuss the results on the same day at 6:15pm CEST.
Investors and analysts can access the results presentation through a live audio webcast on investors.universalmusic.com. Those interested in participating in the Q&A session must pre-register for a dial-in line through the company's investor relations website under the 'Financial Reports' section.
Universal Music Group (UMG) has released its 2024 annual report and announced the agenda for its 2025 Annual General Meeting (AGM) scheduled for May 14, 2025, in Amsterdam. The meeting will address several key governance matters, including:
- The proposed re-appointment of Vincent Vallejo as Executive Director for a one-year term
- Re-appointments of Sherry Lansing, Haim Saban, and Luc van Os as Non-Executive Directors for two-year terms
- Advisory vote on the 2024 remuneration report
- Adoption of 2024 financial statements and dividend proposal
- Approval of a revised Executive Directors' Remuneration Policy
- Authorization for the Board to repurchase and cancel shares
The 2024 annual report, which includes financial statements, remuneration report, and sustainability statement, is available on the company's investor relations website and has been filed with the Dutch Authority for the Financial Markets (AFM).
Universal Music Group (EURONEXT: UMG) announced that Non-Executive Director Manning Doherty will retire from the Board of Directors effective March 21, 2025. The announcement was made from the company's headquarters in Hilversum, Netherlands on March 10, 2025.