Tag: UMG

Universal Music Group reported modest Q2 growth but delivered stronger results for the first half of 2025, with total revenue up 6.4% year-over-year, driven by gains in recorded music and publishing. Music publishing saw the biggest lift, up 11.6% year-over-year,…

Universal Music Group reported a 6.5% revenue increase in 2024 to $12.8 billion, with subscription revenue up 8.2% despite a 5.1% drop in streaming revenue. Cost-cutting through layoffs boosted profits, with adjusted EBITDA rising 13.8% to $2.88 billion. UMG emphasized…