Industry Oct 20, 2026
Universal Music Completes Corporate Redesign, Execs Depart
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 finalizing a corporate "redesign" aimed at achieving €250 million in annual savings, a goal initially announced in 2024 and slated for completion by the end of 2026. As this deadline approaches, the company has implemented structural changes, resulting in the departure of several senior executives, including the President of Polydor. Originally reported by Complete Music Update.