Universal Music Group Company Description
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 performances, and related uses, such as films and advertisements.
The Merchandising & Other segment produces and sells artist and other branded products through various sales channels, including fashion retail, concert touring, and internet, as well as offers brand rights management services.
The company has approximately 3 million recordings, 4 million owned and administered titles, and 220 artists/brands, as well as owns approximately 50 labels covering various music genres.
Universal Music Group N.V. was incorporated in 2020 and is headquartered in Hilversum, the Netherlands.
Country | Netherlands |
Founded | 2020 |
Industry | Entertainment |
Sector | Communication Services |
Employees | 10,290 |
CEO | Lucian Grainge |
Contact Details
Address: S-Gravelandseweg 80 Hilversum, 1217 EW Netherlands | |
Phone | 31 88 626 1500 |
Website | universalmusic.com |
Stock Details
Ticker Symbol | UMG |
Exchange | Euronext Amsterdam |
Fiscal Year | January - December |
Reporting Currency | EUR |
ISIN Number | NL0015000IY2 |
SIC Code | 7812 |
Key Executives
Name | Position |
---|---|
Timothy Xu | Chairman and Chief Executive Officer of Universal Music Greater China |
Jody Gerson | Chairman and Chief Executive Officer for Universal Music Publishing Group |
Vincent Vallejo | Deputy Chief Executive Officer, Corporate and Executive Director |
Sir Lucian Grainge CBE | Chairman and Chief Executive Officer |
Will Tanous | Executive Vice President and Chief Administrative Officer |
Eric Hutcherson | Executive Vice President and Chief People and Inclusion Officer |
Michael Nash | Executive Vice President and Chief Digital Officer |
Philippe Flageul | Executive Vice President and Controller |