Universal Music Group N.V.

Amsterdam Stock Exchange:UMG.AS

Sector

🛍 Consumer Discretionary

Industries

🎉 Entertainment

🎥 Live Events

🛍 Specialty Retail

📺 Streaming Services

Location

Netherlands

Market Cap

USD 58.57 B

Share Price

USD 32.01

Avg Daily Volume

2,648,240

Change (1 day)

2.04%

Change (1 year)

5.34%

Change (YTD)

25.05%

Universal Music Group N.V. Research and Development (R&D) Expenses for the year ending December 31, 2024: USD 0.00

Universal Music Group N.V. Research and Development (R&D) Expenses is USD 0.00 for the year ending December 31, 2024. Research and development (R&D) expenses are the costs associated with the development of new products, technologies, or improvements to existing products.

Universal Music Group N.V. Research and Development (R&D) Expenses for the year ending December 31, 2023 was USD 0.00.
Universal Music Group N.V. Research and Development (R&D) Expenses for the year ending December 31, 2022 was USD 0.00.
Universal Music Group N.V. Research and Development (R&D) Expenses for the year ending December 31, 2021 was USD 0.00.
Universal Music Group N.V. Research and Development (R&D) Expenses for the year ending December 31, 2020 was USD 0.00.

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Key data

Date	Research and Development (R&D) Expenses	Revenue	Revenue	Gross Profit

Amsterdam Stock Exchange: UMG.AS

Universal Music Group N.V.

CEO	Sir Lucian Grainge CBE
IPO Date	Sept. 21, 2021
Location	Netherlands
Headquarters	S-Gravelandseweg 80
Employees	9,636
Sector	🛍 Consumer Discretionary
Industries Entertainment 🎥 Live Events 🛍 Specialty Retail 📺 Streaming Services

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 250 artists/brands, as well as owns approximately 50 labels covering various music genres. The company was incorporated in 2020 and is headquartered in Hilversum, the Netherlands.