Universal Music Group N.V. (AMS:UMG)

Netherlands flag Netherlands · Delayed Price · Currency is EUR
28.02
-0.13 (-0.46%)
Feb 21, 2025, 5:35 PM CET
3.85%
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]

Industry Entertainment
Founded 2020
Employees 10,290
Stock Exchange Euronext Amsterdam
Ticker Symbol UMG
Full Company Profile

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 Statements

News

‘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...

1 day ago - The Guardian

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...

5 days ago - Benzinga

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...

16 days ago - PRNewsWire

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 ...

19 days ago - Benzinga

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.

23 days ago - Seeking Alpha

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.

26 days ago - Benzinga

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...

26 days ago - Benzinga

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.

26 days ago - Fortune

Universal Music Shares Jump After Agreement With Spotify

26 days ago - The Wall Street Journal

Universal Music Group and Spotify Sign New Multi-Year Distribution Agreement

Universal Music Group and Spotify Sign New Multi-Year Distribution Agreement

26 days ago - GuruFocus

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...

27 days ago - Deadline

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.

27 days ago - Reuters

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.

5 weeks ago - Sky News

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.

5 weeks ago - Reuters

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.

5 weeks ago - Business Insider

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.

5 weeks ago - Notícias ao Minuto

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...

5 weeks ago - BNN Bloomberg

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...

5 weeks ago - PRNewsWire

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...

5 weeks ago - NBC News

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.

5 weeks ago - CBC News

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...

5 weeks ago - The Verge

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.

5 weeks ago - Euronews

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...

5 weeks ago - The Guardian