Industry Oct 20, 2026
Universal Music Completes Major Restructuring, Senior 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 announced structural changes as it nears the completion of a two-year, €250 million corporate redesign aimed at achieving significant annual savings. The process, initiated in 2024 with a target completion by the end of 2026, has resulted in the departure of several senior executives, including the President of Polydor. Originally reported by Complete Music Update.