UMG reports Q3 revenue growth of 11.7% in constant currency
Adjusted EBITDA rose 9.0%, driven by subscription acceleration and margin expansion excluding Downtown.
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Global music entertainment and rights management company
universalmusic.comLast updated
In short: UMG reported strong Q2 results with 13.3% revenue growth amid AI litigation and explored going private.
Adjusted EBITDA rose 9.0%, driven by subscription acceleration and margin expansion excluding Downtown.
Revenue increased 10.5% to €3,294 million, driven by Downtown consolidation and Streaming 2.0 pricing benefits.
It will release results after market close on July 30, 2026, and host a conference call.
The shares were bought at €17.66 each for total consideration of approximately €250 million, outside the existing buyback program.
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