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Taylor Swift superfans lift Universal Music
Taylor Swift, Other Megastars Help Boost Universal Music Group's Outlook
Key Takeaways Universal Music Group on Tuesday gave strong long-term guidance on gains in subscriptions, "superfan monetization," and partnerships.The label behind music superstars such as Taylor Swift and Drake anticipates that through 2028,
Universal Music Aims to Boost Growth By Harnessing Superfans
Universal Music Group NV, the record label that represents Taylor Swift, is targeting more than 7% sales growth for five years with the support of subscription and by accelerating superfan monetization.
Taylor Swift's music label Universal in investor spotlight after share slump
Taylor Swift's music label Universal Music Group holds its first capital markets day on Tuesday, nearly two months after it posted lower-than-expected second quarter streaming and subscription revenue,
Universal Music Group, Taylor Swift's music label, sees higher profit, helped by superfans
Universal Music Group said it expects annual core profit growth of more than 10% up to 2028 on higher subscription revenue, expanded partnerships, and boosted by the superfans of its artists such as Taylor Swift,
Universal Music Group in ‘Advanced Talks’ With Spotify for Superfan Tier
Universal Music CFO Boyd Muir said UMG was in advanced talks with Spotify over a superfan tier during the company's Capital Markets Day presentation.
1d
Universal Music's Grand Streaming Vision Requires Cooperation
The company pitched its idea for “Streaming 2.0” to investors this week. Pulling it off will require various industry ...
Billboard
1d
Universal Music Group’s Capital Markets Day Hit the Right Notes, Analysts Say
By Glenn Peoples
Universal
Music
Group
hit enough right notes during its first Capital Markets Day (CMD) presentation since before going public in 2021, judging from Billboard’s review of a ...
Spotify
4d
Universal Music Group is targeting 8-10% annual growth in subscription streaming revenues. Here’s how that might play out.
You might remember that Universal Music Group‘s Q2 results didn’t exactly attract a sunny response from Wall Street analysts.
3d
on MSN
Universal Music Looks to Subscriptions, Superfans for Fresh Growth
Universal Music said it expects to achieve high revenue and earnings growth through the end of 2028 as the record label ...
1d
Kepler Capital Reaffirms Their Sell Rating on Universal Music Group (UMGNF)
Kepler Capital analyst Conor O’Shea maintained a Sell rating on Universal Music Group (UMGNF – Research Report) on September 18 ...
Spotify
3d
Universal’s direct-to-fan business has been growing at a whopping 33% rate, and 3 other things we learned at UMG’s Capital Markets Day
MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent ...
1d
Music News | Today's Latest Stories | Reuters
Reuters.com is your online source for the latest Music news stories and current events, ensuring our readers up to date with ...
4d
Universal Music Group N.V. Provides New Financial Targets through FY 2028 Ahead of its 2024 Capital Markets Day
Universal Music Group N.V. (EURONEXT: UMG), the world leader in music-based entertainment, will hold its 2024 Capital Markets ...
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