Universal Music Group N.V. (UMGNF)

OTCMKTS · Delayed Price · Currency is USD
28.89
-0.17 (-0.59%)
Apr 24, 2025, 4:00 PM EDT
-1.72%
Market Cap 51.65B
Revenue (ttm) 12.25B
Net Income (ttm) 2.16B
Shares Out n/a
EPS (ttm) 1.17
PE Ratio 23.92
Forward PE n/a
Dividend 0.27 (0.93%)
Ex-Dividend Date Oct 2, 2024
Volume 500
Average Volume 11,977
Open 28.29
Previous Close 28.89
Day's Range 27.87 - 28.89
52-Week Range 22.53 - 32.24
Beta 0.84
RSI 61.13
Earnings Date Apr 30, 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 licenses, markets, promotes, distributes, and sells 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 composition... [Read more]

Industry Entertainment
Founded 2020
Employees 9,636
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

EU set to probe Universal's planned acquisition of Downtown Music, FT reports

The European Commission is set to investigate Universal Music Group's planned $775 million acquisition of independent music services company Downtown Music amid claims the deal will give too much powe...

1 day ago - Reuters

Drake expands lawsuit against Universal Music Group, alleging defamation at Super Bowl

Lawsuit argues Kendrick Lamar’s half-time performance ‘further solidified’ public belief in allegations made in diss track Not Like Us, but UMG calls amendment ‘absurd’ Drake has expanded his lawsuit ...

7 days ago - The Guardian

Desperate Drake claims he was defamed at Super Bowl show and Grammys

The Drake-Kendrick Lamar feud, among the biggest in hip-hop, continues... Drake now claims he was defamed at the Super Bowl halftime show and the Grammys. Universal Music has warned Drake “be careful ...

7 days ago - Euronews

Drake claims Kendrick Lamar’s Super Bowl performance was 'orchestrated to assassinate' his character

Drake filed an amended complaint against Universal Music Group alleging the label intentionally caused him harm by promoting Kendrick Lamar’s diss track “Not Like Us.”

8 days ago - NBC News

Drake adds Kendrick Lamar's Super Bowl performance to his lawsuit against record label

Drake has expanded his defamation lawsuit against Universal Music Group, saying more people were duped into believing he was a pedophile after rapper Kendrick Lamar performed Not Like Us at the Super ...

8 days ago - CBC News

Universal Music Group N.V. to Announce Financial Results for the First Quarter Ended March 31, 2025

HILVERSUM, The Netherlands , March 31, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced today that it will release its financial results for the first quarter ended March 31, ...

25 days ago - PRNewsWire

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...

4 weeks 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...

5 weeks 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.”

5 weeks 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...

6 weeks 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.

6 weeks 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).

6 weeks 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...

6 weeks ago - PRNewsWire

Universal Music Shares Rise on Subscription Revenue Beat

7 weeks 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.

7 weeks ago - Seeking Alpha

Universal Music Group reports Q4 results

7 weeks 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...

7 weeks 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.

7 weeks 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...

2 months 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...

2 months 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...

2 months 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 ...

2 months ago - Benzinga