Universal Music Group N.V.

Amsterdam Stock Exchange:UMG.AS

Location

Market Cap

USD 57.03 B

Share Price

USD 30.79

Avg Daily Volume

2,648,240

Change (1 day)

-3.39%

Change (1 year)

1.03%

Change (YTD)

20.28%

Universal Music Group N.V. Revenue for the year ending December 31, 2024: USD 12.25 B

Universal Music Group N.V. Revenue is USD 12.25 B for the year ending December 31, 2024, a -0.05% change year over year. Revenue is the total amount of money generated from the sales of goods or services by a company during a specific period.
  • Universal Music Group N.V. Revenue for the year ending December 31, 2023 was USD 12.26 B, a 10.82% change year over year.
  • Universal Music Group N.V. Revenue for the year ending December 31, 2022 was USD 11.06 B, a 14.28% change year over year.
  • Universal Music Group N.V. Revenue for the year ending December 31, 2021 was USD 9.68 B, a 6.63% change year over year.
  • Universal Music Group N.V. Revenue for the year ending December 31, 2020 was USD 9.08 B, a 13.00% change year over year.
Key data
Date Revenue Revenue Gross Profit Operating Income
Market news
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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
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.

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