Industry Oct 15, 2026
Polydor President among senior execs to depart as Universal completes corporate "redesign"
In short
Back in 2024 Universal Music said it would find €250 million in annual savings via a “strategic organisational redesign” that would be complete by the end of 2026.
Originally published by
Complete Music Update
Universal Music is nearing the completion of a two-year "strategic organisational redesign" initiated in 2024, which aimed to achieve €250 million in annual savings. As the 2026 deadline approaches, the company has implemented structural changes, leading to the departure of several senior executives, including the President of Polydor. Originally reported by Complete Music Update.