The record label behind Taylor Swift posted revenue of €3.44 billion, beating analyst forecasts of €3.27 billion.

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.

By Etan Vlessing Canada Bureau Chief Universal Music Group CEO Lucian Grainge sees future growth for his own major music label and others coming from new partnerships with top streaming platforms. Talking to Wall Street analysts after the release of UMG ...

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 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.

Photo: Carsten Windhorst Adrian Pope. Adrian Pope has been appointed Executive Vice President, Digital Business & Global Partner Relations at Virgin Music Group, the global independent music division of Universal Music Group (UMG).

Universal Music Group is in talks to lease 300,000 square feet at Vornado’s Penn 2 office tower in Manhattan. Vornado Realty Trust is close to landing another large lease at its reinvented Penn 2 office tower. Vornado's CEO Steve Roth indicated that a large lease was imminent and that the building would be 80% leased by the end of the year.

Adam Holt will be exiting Universal Music New Zealand after 24 years in the role of Managing Director and Chairman.