Universal Music Group N.V. (AMS:UMG)
Market Cap | 51.25B |
Revenue (ttm) | 11.49B |
Net Income (ttm) | 1.55B |
Shares Out | 1.83B |
EPS (ttm) | 0.83 |
PE Ratio | 33.76 |
Forward PE | 35.22 |
Dividend | 0.51 (1.81%) |
Ex-Dividend Date | Oct 2, 2024 |
Volume | 1,405,384 |
Average Volume | 1,456,325 |
Open | 28.26 |
Previous Close | 28.15 |
Day's Range | 28.01 - 28.32 |
52-Week Range | 19.93 - 29.49 |
Beta | 0.84 |
RSI | 63.54 |
Earnings Date | Feb 28, 2025 |
About Universal Music Group
Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as markets and promotes their music across various formats and platforms; and engages in the live events, sponsorship, film, and television operations. The Music Publishing segment discovers and develops songwriters, as well as owns and administers the copyright for musical compositions used in recordings, public pe... [Read more]
Financial Performance
In 2023, Universal Music Group's revenue was 11.11 billion, an increase of 7.43% compared to the previous year's 10.34 billion. Earnings were 1.26 billion, an increase of 61.00%.
Financial StatementsNews
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‘Betrayed by the system’: Chappell Roan sparks debate over pay and healthcare in pop
The singer castigated record labels in her Grammys speech – but, as music industry insiders explain, issues around artist health and support run even deeper At this year’s Grammys, as she accepted the...
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Spotify's $18 'Music Pro' Subscription Focuses On Superfans, With Content From Taylor Swift, Kendrick Lamar: Report
Spotify Technology SA (NYSE: SPOT) is set to launch a new premium subscription service called “Music Pro” at $18 per month, targeting music enthusiasts with enhanced features. What Happened : The str...
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Universal Music Group N.V. to Announce Financial Results for the Fourth Quarter and Full Year Ended December 31, 2024
HILVERSUM, Netherlands , Feb. 6, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced today that it will release its financial results for the fourth quarter and full year ended D...
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Spotify Stock Rallies 145% In A Year: Will Q4 Earnings Keep The Music Playing?
Spotify Technology SA (NYSE: SPOT) will be reporting its fourth-quarter earnings on Tuesday. Wall Street expects $2.06 in EPS and $4.15 billion in revenues as the company reports before market hours ...
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Universal Music Group: Giant And Growing Digital Platforms Are Large Opportunities
We added to our position in Universal Music Group after the shares swooned by as much as 23% at one point recently. Click here for our UMGNF thesis.
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Spotify Analyst Sees 'Win-Win' In Early UMG Partnership
Spotify Technology SPOT said the company's new partnership with Universal Music Group UMGNF UNVGY came earlier than expected, which could be a win for both companies.
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Spotify Analyst Sees 'Win-Win' In Early UMG Partnership
Spotify Technology (NYSE: SPOT) said the company's new partnership with Universal Music Group (OTC: UMGNF)(OTC: UNVGY) came earlier than expected, which could be a win for both companies. The Spoti...
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Spotify inks multi-year deal with Universal Music, its first major publisher agreement since controversial ‘bundle’ rollout
The Mechanical Licensing Collective sued Spotify over the 'bundle' issue, saying the company was grossly underpaying songwriters, composers and publishers.
Universal Music Shares Jump After Agreement With Spotify
Universal Music Group and Spotify Sign New Multi-Year Distribution Agreement
Universal Music Group and Spotify Sign New Multi-Year Distribution Agreement
Spotify and Universal Music Group strike new multi-year deal
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Spotify, Universal Music Group Strike Multi-Year Deal
Spotify and Universal Music Group have struck a new multi-year agreement for recorded music and music publishing “focused on growth, innovation and the advancement of artists' and songwriters' success...
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Universal Music Group and Spotify strike new agreement
Universal Music Group (UMG) , the world's biggest music label, and Swedish streaming giant Spotify have reached a new multi-year agreement for recorded music and music publishing, they said on Sunday.
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Drake sues his own record label for defamation over Kendrick Lamar diss track
Drake has sued Universal Music Group (UMG) for defamation over rival Kendrick Lamar's diss track Not Like Us.
Ackmans Pershing Square Moves to Kick Off Universal Music U.S. Listing Plan
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Ackman's Pershing Square requests UMG to move secondary listing to US
Universal Music Group said on Wednesday that billionaire Bill Ackman-led Pershing Square has exercised its right to request an offering and secondary listing of the record label in the United States.
Drake sues Universal Music Group, his own label, amid Kendrick Lamar diss track feud
Drake filed a lawsuit against Universal Music Group, his own label, alleging defamation.
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Drake processa Universal Music Group e a culpa foi... de Kendrick Lamar
Segundo Drake, a msica 'Not Like Us' promove "a narrativa falsa e maliciosa" de que ele um pedfilo.
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Drake Sues UMG for Defamation in Kendrick Lamar Song
The rap artist Drake has sued Universal Music Group NV for defamation in US federal court, accusing the company of putting his life in danger by releasing and promoting a song by his rival and labelma...
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Statement from Universal Music Group N.V.
HILVERSUM, Netherlands , Jan. 15, 2025 /PRNewswire/ -- Further to UMG's statement of 9 November 2024, UMG announced today that Pershing Square (together with certain of its affiliates, "Pershing") has...
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Drake files federal lawsuit against UMG for defamation over promotion of Kendrick Lamar’s 'Not Like Us'
Drake is moving forward with his legal battle against his own record label and filed a federal lawsuit against Universal Music Group for defamation, alleging that it spread a "false and malicious narr...
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Drake sues record label for defamation over Kendrick Lamar diss track
Toronto rap superstar Drake is suing his record label, Universal Music Group (UMG), over rival Kendrick Lamar's diss track Not Like Us.
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Drake sues his label, UMG, saying ‘Not Like Us’ is defamatory
Photo by Prince Williams/Wireimage Drake’s ongoing legal battle with his label, Universal Music Group, has escalated. The artist filed a lawsuit in federal court today , accusing UMG of harming his re...
Drake drops legal action over Kendrick Lamar diss track ‘Not Like Us’
Drake has scrapped a legal case against Universal Music and Spotify, in which he accused the companies of conspiring to boost the streams of Kendrick Lamar's diss track against him.
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Drake withdraws legal petition over Kendrick Lamar diss track
Drake had alleged Universal Music Group and Spotify each manipulated the popularity of Lamar’s track Not Like Us Drake has withdrawn a legal challenge he made against his own label, Universal Music Gr...