Lucian Grainge and other UMG execs discussed with analysts where future revenue growth would come from after releasing their fourth quarter financial results.

Universal Music Group posted strong results from 2024 in earnings announced Thursday, with a 6.5% rise in revenue over 2023 and an 8.2% increase in recorded music subscription revenue (despite a 5.1% drop in streaming revenue from last year),

The rapper, who settled with iHeartMedia, suspects that the major label made secret payments and offered reduced licensing rates to third parties to promote the song.

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.

Q4 2024 Results Conference Call March 6, 2025 12:15 PM ET. Company Participants. Sir Lucian Grainge - Chairman and Chief Executive Officer

Drake’s team alleged that Universal and Spotify “launched a campaign to manipulate and saturate the streaming services and airwaves” The world’s defining voice in music and pop culture ...

Adam Holt, Chairman, Universal Music New Zealand; Myra Hemara, Co-Managing Director, Universal Music New Zealand; Matt Kidd, Co-Managing Director, Universal Music New Zealand. Universal Music New Zealand is undergoing a leadership transition as Managing Director and Chairman Adam Holt prepares to retire after more than three decades with the company.

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.

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