Universal Music Stock Price, News & Analysis

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 (UNVGY) has appointed Matt Ellis as its new Chief Financial Officer, effective June 9, 2025. Ellis, former CFO of Verizon Communications, brings extensive experience in global finance and operations. At Verizon, he managed a $100 billion+ debt portfolio, annual capital spending of ~$17 billion, and an $11 billion dividend program. Ellis succeeds Boyd Muir, who was promoted to COO in October 2024. Ellis's impressive track record includes leading Verizon's $61 billion debt financing for the Vodafone stake buyout and holding senior positions at Tyson Foods, where he oversaw global M&A activities and regained investment grade ratings. His appointment aligns with UMG's strategy to expand its definition as a music entertainment company.

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.

Universal Music Group (UNVGY) reported strong Q4 2024 financial results with revenue reaching €3,439 million, up 7.2% year-over-year. Key financial highlights include:

- Q4 Adjusted EBITDA of €799 million, increasing 18.0% year-over-year
- Full-year 2024 revenue of €11,834 million, up 6.5%
- Full-year Adjusted EBITDA of €2,661 million, rising 12.3%
- Net profit grew 65.7% to €2,086 million in 2024

Business performance showed strength across segments:
- Recorded Music subscription revenue grew 7.9% in Q4
- Top artists included Taylor Swift, Sabrina Carpenter, and Billie Eilish
- Company dominated global charts with 9 of top 10 IFPI Global Artists

The company proposed a final dividend of €512 million (€0.28 per share), bringing total 2024 dividend to €951 million (€0.52 per share), subject to shareholder approval.

Universal Music Group N.V. (EURONEXT: UMG) has announced it will release its financial results for the fourth quarter and full year ended December 31, 2024 after the Euronext market closes on March 6, 2025. The company will host a conference call to discuss these results on the same day at 6:15pm CET.

A live audio webcast will be available on investors.universalmusic.com, with a replay link provided after the call. Investors and analysts who wish to participate in the Q&A session must pre-register for a dial-in line through the company's investor relations website under the 'Financial Reports' tab.

Universal Music Group (UNVGY) has announced that Pershing Square has exercised its rights under their Registration Rights Agreement to request a secondary listing and offering of UMG shares in the United States. Pershing has waived the standard 120-day filing requirement, and UMG will work to launch an underwritten offering for Pershing's shares by September 15, 2025, subject to regulatory approval and market conditions.

The company stated that any decisions beyond its contractual obligations under the Registration Rights Agreement will be determined by UMG's Board of Directors, based on what maximizes value and serves the best interests of all shareholders.