Stock umg
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Universal Music Group N. Universal Music Group NV engages in the music entertainment business. The firm identifies and develops artists, and produces and distributes music. The Recorded Music offers intellectual property licenses granted by UMG to distributors or digital platforms. The Music Publishing segment relates to the use by a third party of the copyrights on musical works owned or administered by UMG. The Merchandising and Other segment represents the merchandising rights of artists and entertainment brands and properties. The company was founded in and is headquartered in Hilversum, The Netherlands.
Stock umg
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Universal Music Group NV engages in the music entertainment business. The firm identifies and develops artists, and produces and distributes music. The Recorded Music offers intellectual property licenses granted by UMG to distributors or digital platforms. The Music Publishing segment relates to the use by a third party of the copyrights on musical works owned or administered by UMG. The Merchandising and Other segment represents the merchandising rights of artists and entertainment brands and properties. The company was founded in and is headquartered in Hilversum, The Netherlands.
Music streaming services like Spotify still have a long runway for subscriber growth and price increases, bringing more revenue into the music ecosystem for labels and artists alike. Universal Music is overly dependent on streaming services that are diversifying their revenue streams into areas like podcasts. The streaming platforms will demand lower royalty rates in the future as their power grows. Morningstar brands and products. Investing Ideas.
Stock umg
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