Universal Music Group N.V. (UMG) reported higher third-quarter revenue and adjusted EBITDA, driven largely by strong subscription growth and physical music sales, along with contributions from its Downtown acquisition. Revenue for the quarter increased 12.3% to €3.39 billion from €3.02 billion a year earlier.
Create Music Group bought a minority stake in DistroKid, joining CVC as an investor in the independent music distributor. Mike Winslow • Oct 30, 2026 @ 11:00 PM Create Music Group bought a minority stake in DistroKid, adding the label and music technology company to…
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Oct 29, 2026, 12:45 ET Q3 2026 Results Highlights1 1 This press release includes certain alternative performance indicators which are not defined in the IFRS Accounting Standards ('IFRS') issued by the International Accounting Standards Board as endorsed by the EU. The descriptions of these alternative performance indicators…
Recorded Music subscription revenue rose 9.5% excluding Downtown, and total revenue grew 12.3% to €3.39 billion Universal Music Group reported third-quarter results on Thursday that showed faster subscription revenue growth, and its stock surged by up to 15% in early trading in Europe. The…
Punjab Chief Minister Maryam Nawaz Sharif has assured the Lahore Chamber of Commerce and Industry (LCCI) of the provincial government’s full support in addressing the concerns of traders and industrialists, promoting investment and accelerating industrialisation. During a meeting with LCCI President…
“Our results show the enduring value of backing extraordinary artists, bold ideas, and the teams and technology that help bring their work to the world,” said Sir Lucian Grainge, Chairman and CEO of Universal Music Group. “We are investing in…
Universal Music Group generated revenues of EUR €3.394 billion (USD $3.90B) across all of its divisions (including recorded music, publishing, and more) in Q3 (the three months ending September 30, 2026). That’s according to UMG‘s latest quarterly results, published on Thursday (October 29). They reveal…
(Adds missing text in paragraph 1) Oct 29 (Reuters) – Universal Music Group reported on Thursday a pick-up in subscription streaming revenue in the third quarter and said pressures on market share has moderated from the first half of the year. “This quarter…
Universal Music Group Q3 revenue rose 12.3% year over year to €3,394M, with €729M adjusted EBITDA. - Universal Music Group press release (UMGNF): Q3 Revenue of €3,394 million grew 12.3% year-over-year, or 11.7% in constant currency. More on Universal Music Group
Universal, Sony and Warner Music: results and executives, catalogue sales and publishing deals, new labels and artist signings.
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