Universal Music Group N.V. Announces Resignation of Manning Doherty from its Board of Directors
Rhea-AI Summary
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.
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News Market Reaction – UNVGY
In the trading session that priced this news, UNVGY declined 2.99%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HILVERSUM,
About Universal Music Group
At Universal Music Group, we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content. Featuring the most comprehensive catalogue of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation, and entrepreneurship, UMG fosters the development of services, platforms, and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. For more information, visit www.universalmusic.com.
Contacts
Investor
Erika Begun – investorrelations@umusic.com
Media
James Murtagh-Hopkins – communicationsnl@umusic.com
Cautionary Notice
This press release is published by Universal Music Group N.V. and contains inside information within the meaning of article 7(1) of Regulation (EU) No 596/2014 (Market Abuse Regulation).