Universal Music Group N.V. (AMS:UMG)
Netherlands
· Delayed Price · Currency is EUR | Market Cap | 46.84B |
| Revenue (ttm) | 11.83B |
| Net Income (ttm) | 2.09B |
| Shares Out | 1.83B |
| EPS (ttm) | 1.13 |
| PE Ratio | 22.66 |
| Forward PE | 24.42 |
| Dividend | 0.52 (2.03%) |
| Ex-Dividend Date | Oct 2, 2024 |
| Volume | 1,417,236 |
| Average Volume | 2,485,816 |
| Open | 25.60 |
| Previous Close | 25.61 |
| Day's Range | 25.47 - 25.80 |
| 52-Week Range | 19.93 - 29.49 |
| Beta | 0.83 |
| RSI | 43.45 |
| 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 2024, Universal Music Group's revenue was 11.83 billion, an increase of 6.54% compared to the previous year's 11.11 billion. Earnings were 2.09 billion, an increase of 65.69%.
Financial StatementsNews
‘Drake lost a rap battle’: Universal files motion to dismiss rapper’s ‘misguided’ lawsuit
Drake’s attorneys accuse Universal of being ‘a greedy company’ that is ‘finally being held responsible for profiting from dangerous misinformation’. Universal Music Group have moved to dismiss Drake’s...
Drake's record label files motion to dismiss his lawsuit over Kendrick Lamar's 'Not Like Us'
In a court filing Monday, Universal Music Group stated that Drake “lost a rap battle that he provoked and in which he willingly participated.”
Universal Music Stock Drops After Bill Ackmans Hedge Fund Cuts Stake
Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'
Hedge funder Bill Ackman announced the sale of a portion of Pershing Square's PSHZF stake in Universal Music Group UNVGY UMGNF Thursday, continuing his recent financial moves betting on future investm...
Universal Music Shares Fall After Ackman's Pershing Decides to Cut Stake
Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company.
Pershing Square's Ackman confirms sale of some of its UMG shares
Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG).
Universal Music Group N.V. Announces Resignation of Manning Doherty from its Board of Directors
HILVERSUM, Netherlands , March 10, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced today that Non-Executive Director Manning Doherty will retire from the Board of Directors w...
Universal Music Shares Rise on Subscription Revenue Beat
Universal Music Group reports FY results
Universal Music Group reports FY revenue of €11,834M, up 6.5% YoY with 8.2% growth in subscription revenue.
Universal Music Group: Not There Yet, But Heading In The Right Direction
Universal Music Group N.V. (UMGNF) Q4 2024 Earnings Call Transcript
Universal Music Group reports Q4 results
Universal Music Group N.V. Reports Financial Results for the Fourth Quarter and Full Year Ended December 31, 2024
Summary Q4 2024 Results1 Revenue of €3,439 million increased 7.2% year-over-year, or 7.9% in constant currency, driven by growth across all segments. Excluding items impacting comparability detailed b...
Rapper Offset announces Russia gig despite label's boycott
After the Ukraine invasion, Universal Music Group, which owns Offset's label, pulled out of Russia.
‘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...
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...
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...
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 ...
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.
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.
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...
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