Universal Music Group N.V. (AMS: UMG)
Netherlands
· Delayed Price · Currency is EUR | Market Cap | 45.12B |
| Revenue (ttm) | 11.49B |
| Net Income (ttm) | 1.55B |
| Shares Out | 1.83B |
| EPS (ttm) | 0.83 |
| PE Ratio | 29.73 |
| Forward PE | 24.32 |
| Dividend | 0.51 (2.06%) |
| Ex-Dividend Date | Oct 2, 2024 |
| Volume | 531,750 |
| Average Volume | 978,690 |
| Open | 24.72 |
| Previous Close | 24.70 |
| Day's Range | 24.26 - 24.80 |
| 52-Week Range | 19.93 - 29.49 |
| Beta | 0.81 |
| RSI | 59.40 |
| 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
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
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.
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.
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...
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...
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...
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.
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...
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Drake withdraws accusation that UMG and Spotify illegally boosted Kendrick Lamar’s diss track
Photo by Prince Williams/Wireimage Drake has withdrawn the petition he raised accusing Spotify and Universal Music Group (UMG) of illegally boosting Kendrick Lamar‘s diss track “Not Like Us.” Accordin...
Anthropic Navigates Legal Hurdles While Pushing AI Innovation In Enterprise Sector
Amazon -backed Anthropic , a rising player in artificial intelligence , faces legal scrutiny as Universal Music Group , Concord Music Group, and ABKCO secure court-approved ‘guardrails’ on Thursday to...
Universal Music, Amazon's expanded partnership to address unlawful AI content
Universal Music Group Expands Partnership With Amazon Music
Universal Music Group NV, the world’s largest record label, expanded its global partnership with Amazon.com Inc.’s premium music service to boost fan engagement and fraud protection.
Spotify Fires Back At Drake: Calls 'Artificially Inflated Streams' Allegation Over Kendrick Lamar's Hit Unfounded
Spotify Technology SA (NYSE: SPOT) has strongly denied allegations from Drake that it “artificially inflated” streaming numbers for rival artist Kendrick Lamar’s track “Not Like Us.” What Happened: I...
Brazilian judge orders Adele song be pulled globally over plagiarism claim
Composer Toninho Geraes claims 2015 song Million Years Ago copied music of his samba classic Mulheres (Women) A Brazilian judge has ordered a song by British pop superstar Adele, Million Years Ago, be...
Universal Buys Indie Music Specialist Downtown for $775 Million
Universal Music Group’s Virgin unit is acquiring Downtown Music Holdings LLC for $775 million in cash in one of the largest music-industry deals this year.
Universal's Virgin Music Group to buy Downtown Music for $775 mln
Virgin Music Group, the global independent music unit of Universal Music Group , said on Monday it will acquire Downtown Music in an all-cash deal valued at $775 million (737.32 million euros).
US media groups warn UK over AI content-scraping rules
Body that represents Disney, Fox and Universal Music set out ‘strong opposition’ over weakening of copyright laws
The Long Wave: The Lamar v Drake beef has gone legal – what does it say about today’s hip-hop industry?
In this week’s newsletter: Lawyers are now involved in the most explosive rap feud of the century. A look at the potential cultural and commercial impact, and how hip-hop became big business Hello and...
Universal Music Group: Tectonic Shifts In The Music Industry
Drake's Legal Fight Involving Kendrick Lamar Takes Center Stage – And So Do Their Mega-Mansions
Drake has escalated his rivalry with Kendrick Lamar beyond diss tracks, filing a lawsuit against Spotify and Universal Music Group over alleged manipulation of streaming numbers. The legal action targ...