Latest Universal Music Group News & Updates

See the latest news and media coverage for UMG. We track all announcements, press releases, and industry mentions in real time, all in one place.

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Universal Music Group (UMG)

Global music entertainment and rights management company

universalmusic.com
Headquarters
Santa Monica, United States
Company type
Public company
Number of employees
19,000+

Last updated

Latest news about Universal Music Group (UMG)

In short: UMG reported strong Q2 results with 13.3% revenue growth amid AI litigation and explored going private.

Company announcements

UMG

UMG repurchased 14.156 million ordinary shares from Pershing Square

The shares were bought at €17.66 each for total consideration of approximately €250 million, outside the existing buyback program.

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Media coverage

Billboard

UMG & Sony Hit Suno With New Lawsuit After Label-Backed Model: 'Fruit of the Same Poisoned Tree'

Universal Music Group and Sony Music have filed a new lawsuit against Suno, arguing the company's new AI model is still illegal and stealing music.

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