Universal Music Group N.V. (AMS: UMG)
Netherlands
· Delayed Price · Currency is EUR | Market Cap | 41.19B |
| Revenue (ttm) | 11.49B |
| Net Income (ttm) | 1.55B |
| Shares Out | 1.83B |
| EPS (ttm) | 0.83 |
| PE Ratio | 27.13 |
| Forward PE | 23.46 |
| Dividend | 0.51 (2.26%) |
| Ex-Dividend Date | Oct 2, 2024 |
| Volume | 291,036 |
| Open | 22.51 |
| Previous Close | 22.52 |
| Day's Range | 22.12 - 22.57 |
| 52-Week Range | 19.93 - 29.49 |
| Beta | 0.86 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 25, 2024 |
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
Universal Music Group: Pershing does not have the right to require Amsterdam delisting
CNBC's Andrew Ross Sorkin reports on the latest news.
Universal Music Group: Pershing does not have the right to require Amsterdam delisting
CNBC's Andrew Ross Sorkin reports on the latest news.
Billionaire investor Bill Ackman vows to abandon Amsterdam stock exchange over city’s failure ‘to protect tourists’ as antisemitic violence erupts
Ackman said he would moving Pershing Square's secondary shares to London and called on Universal Music Group to switch to New York.
Universal Music Group (UMG) Rejects Relocation Proposal by Pershing Square
Universal Music Group (UMG) Rejects Relocation Proposal by Pershing Square
Billionaire Bill Ackman Plans to Move Universal Music Group (UMG) Listing to U.S.
Billionaire Bill Ackman Plans to Move Universal Music Group (UMG) Listing to U.S.
Universal Music Group Shuts Down Bill Ackman's Request To Delist From Amsterdam Stock Exchange
Universal Music Group opposed a request from billionaire Bill Ackman to delist from Amsterdam's stock exchange, saying Ackman's hedge fund has no right to ask the record label to do so after Ackman ci...
UMG says Pershing does not have right to require Amsterdam delisting
Record label Universal Music Group said on Saturday that billionaire Bill Ackman's Pershing Square does not have any right to require UMG to become a U.S.-domiciled company or delist from Euronext Ams...
UMG Says Bill Ackman Can’t Require It to Delist From Euronext
Universal Music Group NV pushed back against billionaire Bill Ackman, saying his Pershing Square fund doesn’t have any right to require the company to become US domiciled or to delist from Euronext Am...
Statement From Universal Music Group N.V.
HILVERSUM, Netherlands , Nov. 9, 2024 /PRNewswire/ -- "We have taken note of Bill Ackman's post in relation to Pershing Square and UMG on X yesterday. Neither UMG nor any of its other board members we...
Ackman wants to move Pershing Square, UMG from Amsterdam after attacks
Billionaire Bill Ackman said on Friday he would seek to delist investment firm Pershing Square Holdings and move record label Universal Music Group away from Amsterdam, following attacks on Israeli so...
Universal Music Group will move to U.S. exchange in 2025, Ackman says
Anti-semitic violence in Amsterdam following a soccer match prompted Bill Ackman's decision to move his publicly-traded company and UMG out of the Netherlands.
Universal Music Group N.V. To Participate in the Morgan Stanley European Technology, Media & Telecom Conference 2024
HILVERSUM, The Netherlands , Nov. 6, 2024 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced today that its COO and CFO, Boyd Muir, will participate in a question-and-answer session ...
France's Believe faces $500 mln copyright dispute with UMG in the U.S.
Shares in French digital music company Believe rose 1.6% in a delayed start to trading on Tuesday after Universal Music Group filed a copyright infringement complaint in the U.S., seeking damages of a...
Universal Music Sues Believe Over Copyright Infringement Claims
Universal Music Group NV has filed a lawsuit against French record label Believe SA seeking damages of at least $500 million over copyright infringement.
Universal Music Group reports Q3 results
Universal Music Group (UNVGY) reports Q3 financial results with adjusted EBITDA of €621 million, revenue of $2.87B, and growth in Recorded Music...
Universal Music Group N.V. (UMGNF) Q3 2024 Earnings Call Transcript
Universal Music Revenue Beats Forecasts Amid Subscriptions Boost
Universal Music Group posted higher revenue after growth from subscriptions and streaming services exceeded analysts’ expectations.
Universal Music Revenue Beats Forecasts Amid Subscriptions Boost
Universal Music Group posted higher revenue after growth from subscriptions and streaming services exceeded analysts' expectations.
Universal Music Revenue Beats Estimates on Subscription Growth
Universal Music Group NV, the world’s largest record label, reported revenue that beat estimates on the back of subscriber growth and price increases at some platforms.
Universal Music Group N.V. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2024
Announces Promotion of Boyd Muir to Chief Operating Officer, Plans for Chief Financial Officer Transition Summary Q3 2024 Results1 Revenue of €2,870 million increased 4.3% year-over-year, or 4.9% in c...
Universal strikes AI data training deal, still suing AI companies for using it’s data
Universal Music Group inked a deal with AI startup Klay to help develop a "responsible and ethical" AI model for music.
Universal Music Group partners with KLAY to develop ethical AI technology
Universal Music Group has partnered with Los Angeles-based AI music company KLAY Vision to develop artificial intelligence tools for the music industry in an ethical way, it said on Monday.
Universal Music Group, Great Business Fully Valued
Universal Music Group’s financials show robust growth, with a revenue CAGR of 11.4% since 2021 and a declining net debt to EBITDA ratio. Read more on UNVGY stock here.
Universal Music release AI-powered Spanish version of Brenda Lee's hit song
Universal Music Group on Friday released a Spanish version of country music star Brenda Lee's 1958 hit song "Rockin' Around the Christmas Tree" using SoundLabs' AI technology.