UMGNF Stock Recent News

Universal Music Group is set to sustain high-single-digit growth, driven by robust demand in the music industry and competitive advantages. 1Q25 results showed 11.8% y/y revenue growth, with strong subscription trends and broad-based market performance, reinforcing my buy rating. The "Streaming 2.0" strategy aims to reshape streaming economics, potentially boosting UMGNF earnings through collaborative models and premium tier offerings.

The record label behind Taylor Swift said Ackman resigned from the board with immediate effect due to new executive and board obligations arising from his recent investments.

Universal Music Group N.V. (OTCPK:UMGNF) Q1 2025 Earnings Conference Call April 29, 2025 12:15 PM ET Company Participants Sir Lucian Grainge - Chairman and Chief Executive Officer Boyd Muir - Chief Operating Officer and Chief Financial Officer Michael Nash - Executive Vice President, Chief Digital Officer Conference Call Participants Ed Young - Morgan Stanley James Heaney - Jefferies Doug Creutz - TD Securities Michael Morris - Guggenheim Julien Roch - Barclays Lisa Yang - Goldman Sachs Operator Good evening, and welcome to Universal Music Group's First Quarter Earnings Call for the Period Ended March 31, 2025.

Hedge funder Bill Ackman announced the sale of a portion of Pershing Square's PSHZF stake in Universal Music Group UNVGY UMGNF Thursday, continuing his recent financial moves betting on future investments.

Universal Music Group N.V. (OTCPK:UMGNF) Q4 2024 Results Conference Call March 6, 2025 12:15 PM ET Company Participants Sir Lucian Grainge - Chairman and Chief Executive Officer Boyd Muir - Executive Vice President, Chief Financial Officer Michael Nash - Executive Vice President, Chief Digital Officer Conference Call Participants Michael Morris - Guggenheim Partners Omar Mejias - Wells Fargo Julien Roch - Barclays Lisa Yang - Goldman Sachs Operator Good evening, and welcome to Universal Music Group's Fourth Quarter and Full Year Earnings Call for the period ended December 31, 2024.

Universal Music Group (UMG) , the world's biggest music label, and Swedish streaming giant Spotify have reached a new multi-year agreement for recorded music and music publishing, they said on Sunday.

Universal Music Group (EURONEXT:UMG) has been sued for defamation by Canadian rapper Drake over lyrics in a hit song from US rival Kendrick Lamar, part of a back-and-forth feud played out last year. The lawsuit is seeking a trial and an undisclosed amount of money for damages.

Here is an emphasis on the importance of diversification in US-based investment portfolios to mitigate risks and enhance returns. The recommendation is to focus on sectors with strong growth potential, such as technology, defense, and media. These picks have solid financial performance and favorable market conditions as key factors for the positive outlook.

Universal Music Group N.V. (OTCPK:UMGNF) Q1 2024 Results Conference Call May 2, 2024 12:15 PM ET Company Participants Lucian Grainge - Chairman & Chief Executive Officer Boyd Muir - Executive Vice President, Chief Financial Officer & President of Operations Michael Nash - Executive Vice President & Chief Digital Officer Conference Call Participants William Packer - BNP Paribas Adrien de Saint Hilaire - Bank of America Merrill Lynch Thomas Singlehurst - Citigroup Omar Mejias - Wells Fargo Lisa Yang - Goldman Sachs Conor O'Shea - Kepler Cheuvreux Michael Morris - Guggenheim Partners Operator Good evening, and welcome to Universal Music Group's First Quarter Earnings Call for the period ended March 31, 2024.

Universal Music Group (UMG), Republic Records and Styngr partnered on a solution that helps music labels curate, distribute and monetize music across the Roblox platform. The new solution, Boombox, helps music labels launch playlists and integrate them into the gaming space, the companies said in a Monday (March 18) press release.