Universal Music Group N.V. (AMS: UMG)
Netherlands
· Delayed Price · Currency is EUR | Market Cap | 43.06B |
| Revenue (ttm) | 11.49B |
| Net Income (ttm) | 1.55B |
| Shares Out | 1.83B |
| EPS (ttm) | 0.83 |
| PE Ratio | 28.36 |
| Forward PE | 24.49 |
| Dividend | 0.51 (2.19%) |
| Ex-Dividend Date | May 20, 2024 |
| Volume | 770,855 |
| Open | 23.53 |
| Previous Close | 23.34 |
| Day's Range | 23.50 - 23.84 |
| 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
Global Music Industry Surges: IFPI Reports $28.6 Billion In 2023 Revenue
The IFPI’s 2024 Global Music Report, released on Thursday, reveals a continued upward trajectory for the global recorded music industry, with revenues increasing by 10.2% in 2023 to reach $28.6 billio...
Universal Music Group: Underperformance Will Prove To Be Short-Term, Current Valuation A Deep Discount
UMG’s shares experienced a sharp drop - but why do we believe UMGNF's current valuation represents a deep discount? Find out.
Universal Music Group: Underperformance Will Prove To Be Short-Term, Current Valuation A Deep Discount
UMG’s shares experienced a sharp drop - but why do we believe UMGNF's current valuation represents a deep discount? Find out.
Major labels ask US Supreme Court to reconsider $1 bln Cox copyright case
Record labels including Sony Music , Warner Music Group and Universal Music Group have asked the U.S. Supreme Court to review a decision that wiped out a $1 billion jury verdict for them against inter...
Universal Music artists will see their songs made available on WhatsApp for the first time, after the record label struck a new licensing deal with Meta Platforms.
Universal Music artists will see their songs made available on WhatsApp for the first time, after the record label struck a new licensing deal with Meta Platforms.
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Meta, Universal Music Group Take Aim at AI Content in Expanded Licensing Deal
Meta Platforms and Universal Music Group announced a multi-year deal designed to create business opportunities for artists and songwriters on Facebook, Instagram, WhatsApp and other Meta platforms.
Meta, Universal Music Group Extend Licensing Deal To Include WhatsApp, Covering Artists Like Taylor Swift, Coldplay
A new agreement between Meta Platforms Inc (NASDAQ: META) and Universal Music Group is reconfirming the substantial role of social media in increasing the revenue stream of major artists like Taylor ...
Universal Music Group strikes Meta deal to license Taylor Swift, more artists on WhatsApp
Pop stars including Taylor Swift, Adele, Billie Eilish and Elton John will soon have their music played and shared across WhatsApp.
Meta, Universal Music Group addresses AI music in new licensing agreement
Meta and Universal Music Group (UMG) announced on Monday the expansion of their multi-year music licensing agreement, which enables users to share songs from UMG’s music library across Meta’s platform...
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Meta’s new music deal with UMG includes Threads and WhatsApp
Image: Nick Barclay / The Verge Meta and Universal Music Group (UMG) are refreshing their licensing agreements to expand the use of the publishing giant’s content on more Meta social apps. The new mul...
Universal Music Pens Meta Deal Allowing Its Music to Appear on WhatsApp
Universal Music Group artists will see their songs made available on WhatsApp for the first time, after the record label struck a new licensing deal with Meta Platforms.
Universal Music, Meta expand music licensing agreement
Universal Music Group (UMG), the world's biggest music label, announced on Monday an expanded agreement with Facebook-parent Meta Platforms to create new opportunities for its artists and songwriters ...
Universal Music Group: I Was Brutally Wrong (Rating Downgrade)
Universal Music Group shares plummeted 25% after the earnings announcement. Dependence on digital service providers, unexpected divergence from Spotify, and disconnect from artists' interests all cont...
Universal Music Group loses $16B in market value, plunging 24% after weak streaming reveal
Universal Music Group's stock plunged 24%, erasing more than $16 billion in market value after it revealed its revenue growth fell below expectations.
Universal Music Group shares drop 30% as streaming growth disappoints
Universal Music Group shed around $15 billion off its value on Thursday after the world's biggest music label reported lower-than-expected streaming and subscription revenue for the second quarter.
Universal Music Group: Strong Growth Tailwinds And Competitive Advantage
Universal Music Group has strong growth potential, driven by secular tailwinds in the music industry. Recent financial results show solid growth momentum. UMGNF's competitive advantages, including sca...
Universal Music Group, a massive holding of Bill Ackman, sees stock-price tumble on streaming worries
Shares in Universal Music Group, a big holding of Bill Ackman's Pershing Square Capital Management, lost more than a quarter of their value on Thursday on concerns over streaming revenue.
Universal Music Group N.V. (UMGNF) Q2 2024 Earnings Call Transcript
Universal Music Group N.V. (OTCPK:UMGNF) Q2 2024 Results Conference Call July 24, 2024 12:15 PM ET Company Participants Lucian Grainge - Chairman & Chief Executive Officer Boyd Muir - Executive Vice P...
Universal Music beats second quarter revenue consensus
Universal Music Group , the label representing Taylor Swift, BTS and Drake, on Wednesday recorded higher than expected second quarter sales, driven by growth across all segments.
Universal Music Group N.V. Reports Financial Results for the Second Quarter and Half Year Ended June 30, 2024
Q2 2024 Results Highlights1 Revenue of €2,932 million increased 8.7% year-over-year, or 9.6% in constant currency, driven by growth across all segments Recorded Music revenue grew 5.8% year-over-year,...
Universal or Warner: Which music stock is the one to own?
On today's segment of Good Buy or Goodbye, host Julie Hyman is joined by BD8 Capital Partners CEO and CIO Barbara Doran to discuss her top stock pick within the music industry. Doran recommends Univer...
Universal Music Group N.V. to Announce Financial Results for the Second Quarter and First Half Ended June 30, 2024
HILVERSUM, The Netherlands , June 25, 2024 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced today that it will release its financial results for the second quarter and first half e...
Music labels sue AI song-generators Suno and Udio for copyright infringement
BOSTON — Big record companies are suing artificial intelligence song-generators Suno and Udio for copyright infringement, alleging that the AI music startups are exploiting the recorded works of artis...
Sony, Universal, Warner sue AI startups claiming copyright infringement in training models
The lawsuits are the first to target music-generating AI following several cases brought by authors, news outlets and others over the alleged misuse of their work to train text-based AI models powerin...
Universal Music Group N.V. Announces Results of its 2024 Annual General Meeting of Shareholders
HILVERSUM, The Netherlands , May 16, 2024 /PRNewswire/ -- Universal Music Group N.V. ("UMG" or "the Company") today announced the results of its Annual General Meeting of Shareholders ("AGM") held ear...