Universal Music Group NV
Company Profile
Business description
Universal Music is the largest of the three major record companies. Recorded music accounts for most of the firm’s revenue, with the segment housing more than a dozen record labels, including notable names like Interscope, Capital Music, Motown Records, and Def Jam. Some of the most successful current artists signed to record deals with Universal include Taylor Swift, Drake, The Weeknd, and Morgan Wallen. Most of Universal’s remaining revenue comes from its publishing segment, which generates revenue for songwriters and composers, including some of Universal’s recording artists as well as songwriters and composers who do not record music themselves or are attached to other labels. Universal’s publishing group has nearly 4.5 million owned or administered titles in its catalog.
Contact
Gravelandseweg 80
HilversumNH1217 EW
NLDT: +31 886261500
Sector
Communication Services
Stock type
Sensitive
Industry
Entertainment
Fiscal Year End
31 December 2024
Employees
10,290
Morningstar Investment Ideas
Markets
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