Industry Oct 20, 2026
Universal Music Completes Corporate Redesign, Executives 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 has concluded its two-year, €250 million corporate "redesign" aimed at achieving significant annual savings. The completion of this strategic organizational overhaul has resulted in structural changes and the departure of several senior executives, including the President of Polydor.