Universal Music Group N.V. (UMGNF)

OTCMKTS · Delayed Price · Currency is USD
27.63
-0.01 (-0.02%)
Mar 27, 2025, 4:00 PM EST
-6.04%
Market Cap 51.49B
Revenue (ttm) 12.25B
Net Income (ttm) 2.16B
Shares Out n/a
EPS (ttm) 1.17
PE Ratio 23.84
Forward PE n/a
Dividend 0.27 (0.96%)
Ex-Dividend Date Oct 2, 2024
Volume 100
Average Volume 10,507
Open 27.94
Previous Close 27.63
Day's Range 27.63 - 27.94
52-Week Range 22.53 - 32.24
Beta 0.83
RSI 47.76
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]

Industry Entertainment
Founded 2020
Employees 10,290
Stock Exchange OTCMKTS
Ticker Symbol UMGNF
Full Company Profile

Financial Performance

In 2024, Universal Music Group's revenue was 11.83 billion, an increase of 6.54% compared to the previous year's 11.11 billion. Earnings were 2.09 billion, an increase of 65.69%.

Financial numbers in EUR Financial Statements

News

UNIVERSAL MUSIC GROUP BOARD PUBLISHES 2024 ANNUAL REPORT AND AGENDA FOR 2025 ANNUAL GENERAL MEETING OF SHAREHOLDERS

HILVERSUM, Netherlands , March 27, 2025 /PRNewswire/ -- Universal Music Group N.V. ("UMG" or "the Company") today published its 2024 annual report and the agenda for its 2025 annual general meeting of...

1 day ago - PRNewsWire

‘Drake lost a rap battle’: Universal files motion to dismiss rapper’s ‘misguided’ lawsuit

Drake’s attorneys accuse Universal of being ‘a greedy company’ that is ‘finally being held responsible for profiting from dangerous misinformation’. Universal Music Group have moved to dismiss Drake’s...

11 days ago - The Guardian

Drake's record label files motion to dismiss his lawsuit over Kendrick Lamar's 'Not Like Us'

In a court filing Monday, Universal Music Group stated that Drake “lost a rap battle that he provoked and in which he willingly participated.”

11 days ago - NBC News

Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'

Hedge funder Bill Ackman announced the sale of a portion of Pershing Square's PSHZF stake in Universal Music Group UNVGY UMGNF Thursday, continuing his recent financial moves betting on future investm...

14 days ago - Benzinga

Universal Music Shares Fall After Ackman's Pershing Decides to Cut Stake

Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company.

15 days ago - WSJ

Pershing Square's Ackman confirms sale of some of its UMG shares

Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG).

15 days ago - Reuters

Universal Music Group N.V. Announces Resignation of Manning Doherty from its Board of Directors

HILVERSUM, Netherlands , March 10, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced today that Non-Executive Director Manning Doherty will retire from the Board of Directors w...

19 days ago - PRNewsWire

Universal Music Shares Rise on Subscription Revenue Beat

22 days ago - The Wall Street Journal

Universal Music Group reports FY results

Universal Music Group reports FY revenue of €11,834M, up 6.5% YoY with 8.2% growth in subscription revenue.

22 days ago - Seeking Alpha

Universal Music Group reports Q4 results

22 days ago - Seeking Alpha

Universal Music Group N.V. Reports Financial Results for the Fourth Quarter and Full Year Ended December 31, 2024

Summary Q4 2024 Results1 Revenue of €3,439 million increased 7.2% year-over-year, or 7.9% in constant currency, driven by growth across all segments. Excluding items impacting comparability detailed b...

22 days ago - PRNewsWire

Rapper Offset announces Russia gig despite label's boycott

After the Ukraine invasion, Universal Music Group, which owns Offset's label, pulled out of Russia.

23 days ago - BBC

‘Betrayed by the system’: Chappell Roan sparks debate over pay and healthcare in pop

The singer castigated record labels in her Grammys speech – but, as music industry insiders explain, issues around artist health and support run even deeper At this year’s Grammys, as she accepted the...

5 weeks ago - The Guardian

Spotify's $18 'Music Pro' Subscription Focuses On Superfans, With Content From Taylor Swift, Kendrick Lamar: Report

Spotify Technology SA (NYSE: SPOT) is set to launch a new premium subscription service called “Music Pro” at $18 per month, targeting music enthusiasts with enhanced features. What Happened : The str...

5 weeks ago - Benzinga

Universal Music Group N.V. to Announce Financial Results for the Fourth Quarter and Full Year Ended December 31, 2024

HILVERSUM, Netherlands , Feb. 6, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced today that it will release its financial results for the fourth quarter and full year ended D...

7 weeks ago - PRNewsWire

Spotify Stock Rallies 145% In A Year: Will Q4 Earnings Keep The Music Playing?

Spotify Technology SA (NYSE: SPOT) will be reporting its fourth-quarter earnings on Tuesday. Wall Street expects $2.06 in EPS and $4.15 billion in revenues as the company reports before market hours ...

7 weeks ago - Benzinga

Universal Music Group: Giant And Growing Digital Platforms Are Large Opportunities

We added to our position in Universal Music Group after the shares swooned by as much as 23% at one point recently. Click here for our UMGNF thesis.

2 months ago - Seeking Alpha

Spotify Analyst Sees 'Win-Win' In Early UMG Partnership

Spotify Technology (NYSE: SPOT) said the company's new partnership with Universal Music Group (OTC: UMGNF)(OTC: UNVGY) came earlier than expected, which could be a win for both companies. The Spoti...

2 months ago - Benzinga

Spotify Analyst Sees 'Win-Win' In Early UMG Partnership

Spotify Technology SPOT said the company's new partnership with Universal Music Group UMGNF UNVGY came earlier than expected, which could be a win for both companies.

2 months ago - Benzinga

Spotify inks multi-year deal with Universal Music, its first major publisher agreement since controversial ‘bundle’ rollout

The Mechanical Licensing Collective sued Spotify over the 'bundle' issue, saying the company was grossly underpaying songwriters, composers and publishers.

2 months ago - Fortune

Universal Music Shares Jump After Agreement With Spotify

2 months ago - The Wall Street Journal

Universal Music Group and Spotify Sign New Multi-Year Distribution Agreement

Universal Music Group and Spotify Sign New Multi-Year Distribution Agreement

2 months ago - GuruFocus