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UMG

28.16000 EUR
0.21
0.75%
Last update May 30, 5:30 PM CEST
Market closed
Day range
27.73000
28.16000
Previous close
27.95000
Open
27.92000
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Universal Music Group N.V.
28.16
0.21
0.75%

Overview

Description

Universal Music Group N.V. operates as a leading music company in the global entertainment industry. Its primary function is to discover, manage, and promote music artists, providing an extensive catalog of recorded music spanning various genres and styles. Universal Music Group’s operations extend well beyond traditional music production; it encompasses roles in music publishing, merchandise, and audiovisual content, demonstrating significant influence across multiple entertainment sectors. The company is known for its diverse roster of globally recognized music talent and influential executives, which helps it maintain its status as a pivotal player in the industry. Through strategic use of digital platforms and content distribution networks, Universal Music Group adapts to evolving market demands and technology trends, impacting how music is consumed worldwide. In the financial market, Universal Music Group holds considerable significance due to its robust portfolio and comprehensive industry involvement. The company's ability to foster new talent and manage legacy artists enriches its market value and cultural footprint in the music and entertainment ecosystem. Based in the Netherlands, Universal Music Group continues to leverage its global reach to drive innovation and success in the ever-changing music industry landscape.

About

CEO
Sir Lucian Grainge CBE
Employees
9972
Address
S-Gravelandseweg 80
Hilversum, 1217 EW
Phone
31 88 626 1500
Instrument type
Common stock
Sector
Communication Services
Industry
Entertainment
Country
Netherlands
MIC code
XAMS
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Main market
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