Universal Music Group N.V. (AMS: UMG)
Netherlands flag Netherlands · Delayed Price · Currency is EUR
22.56
-0.10 (-0.44%)
Nov 19, 2024, 5:39 PM CET

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.

Universal Music Group N.V.
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