Cautionary NoticeThis press release is published by Universal Music Group N.V. and contains inside information within the meaning of article 7(1) of Regulation (EU) No 596/2014 (Market Abuse ...
At Universal Music Group, we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music ...
A pro-Lagos development group, Agenda for New Lagos (ANL), has raised the alarm over plans to use the court to invalidate Hon. Mudashiru Obasa's impeachment as the Lagos State speaker. The group ...
Revenue: €11.8b (up 6.5% from FY 2023). Net income: €2.09b (up 66% from FY 2023). Profit margin: 18% (up from 11% in FY 2023). The increase in margin was primarily driven by higher revenue.
Universal Music Group logged higher revenue in the fourth quarter after growth from subscriptions and streaming services beat analysts’ expectations despite signs of cooling. The record label ...
Universal Music Group (UMG) appears to have acquired an independent music company in the Netherlands, called 8Ball Music. Launched in 2006 and headquartered in Hilversum, 8Ball describes itself as a ...
Universal Music Group posted strong results from 2024 in earnings announced Thursday, with a 6.5% rise in revenue over 2023 and an 8.2% increase in recorded music subscription revenue (despite a 5 ...
An 8% improvement in recorded music subscription revenue offset weakness in ad-supported streaming. By Glenn Peoples Growth in recorded music, publishing and merchandise helped Universal Music ...
The world is watching Brazil after the country won its first Oscar for “I’m Still Here”, a film set in Rio de Janeiro during the dictatorship in the 1970s. The film’s smooth soundtrack ...
Universal Music Group‘s latest FY results are out. Within UMG’s financial figures for the 2024 fiscal/calendar year lies this pearl: the company’s recorded music subscription revenues hit EUR €4.624 ...
Vornado Realty Trust is close to landing another large lease at its reinvented Penn 2 office tower. Universal Music Group is in talks with the landlord to take 300,000 square feet at the recently ...