universal music group, Streaming Revenue Beat

Universal Music CEO Touts Streaming 2.0 Deals With Spotify, Amazon: “Where They Go, We Go With Them”
Lucian Grainge and other UMG execs discussed with analysts where future revenue growth would come from after releasing their fourth quarter financial results.
Universal Music’s Subscriptions, Streaming Revenue Beat Forecasts Despite Slowdown
The record label behind Taylor Swift posted revenue of €3.44 billion, beating analyst forecasts of €3.27 billion.
Universal Music Group revenue up 7.6% to €11.8 billion in 2024
Universal Music Group has reported its financial results for 2024. Revenue of €11.83 billion represented a year-on-year increase of 7.6% in constant currency, driven by growth across all segments (all figures will be stated in constant currency).
Universal Music Group’s recorded music subscription streaming revenues topped $5bn in 2024, up 9.1% YoY
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 billion annually,
Universal Music Revenue Beats Estimates as Subscribers Increase
Universal Music Group NV, the record label for artists such as Taylor Swift and Billie Eilish, reported sales that topped analysts’ estimates in the fourth quarter, boosted by growth from subscriptions.
Drake Wants to See Universal Music Group’s Emails About Kendrick Lamar’s Diss Track
The rapper, who settled with iHeartMedia, suspects that the major label made secret payments and offered reduced licensing ...
Universal Music in talks for 300k sf lease at Vornado’s Penn 2
Universal Music Group is in talks to lease 300,000 square feet at Vornado’s Penn 2 office tower in Manhattan. Vornado Realty ...
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Adam Holt to retire as MD of Universal Music New Zealand; Myra Hemara and Matt Kidd named Co-MDs
Adam Holt, Chairman, Universal Music New Zealand; Myra Hemara, Co-Managing Director, Universal Music New Zealand; Matt Kidd, ...
Universal Music nears deal for offices at Vornado's Penn 2
Universal Music Group NV is in talks with Vornado Realty Trust to take office space at the landlord's newly upgraded Penn 2 tower in Manhattan, according to people with knowledge of the matter.
Universal Music NZ’s Adam Holt Retires As MD & Chairman, Heralds In New Leaders
Universal Music Australia & New Zealand president and CEO, Sean Warner has announced that Universal Music New Zealand ...
Universal Music New Zealand Announces Leadership Changes as Managing Director Adam Holt Retires
Adam Holt will be exiting Universal Music New Zealand after 24 years in the role of Managing Director and Chairman.
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Discovery to Proceed in Drake v. Universal Music Defamation Suit as Kendrick Lamar’s Super Bowl Performance Looms Large — Dismissal Motion Due by March 17th
Despite Drake’s settlement with iHeartMedia, discovery is moving forward in his high-stakes lawsuit against Universal Music ...
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‘Give Up My Coins’: Angie Stone’s Battle for Unpaid Royalties Resurfaces After Her Death Amid Claims Universal Music Withheld Her Money for Decades
Fans are still mourning the death of “Wish I Didn’t Miss You” singer Angie Stone as resurfaced clips show her detailing her ...