UMG

S-Gravelandseweg 80
Hilversum 1217 EW
Netherlands
31 88 626 1500
https://www.universalmusic.com

Description

Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as markets and promotes their music across various formats and platforms; and engages in the live events, sponsorship, film, and television operations. The Music Publishing segment discovers and develops songwriters, as well as owns and administers the copyright for musical compositions used in recordings, public performances, and related uses, such as films and advertisements. The Merchandising & Other segment produces and sells artist and other branded products through various sales channels, including fashion retail, concert touring, and internet, as well as offers brand rights management services. The company has approximately 3 million recordings, 4 million owned and administered titles, and 220 artists/brands, as well as owns approximately 50 labels covering various music genres. Universal Music Group N.V. was incorporated in 2020 and is headquartered in Hilversum, the Netherlands.

Corporate Governance

Universal Music Group N.V.’s ISS Governance QualityScore as of May 1, 2024 is 7. The pillar scores are Audit: 4; Board: 6; Shareholder Rights: 3; Compensation: 8.