Industry Oct 20, 2026
Universal Music Group restructures, 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 Group is undergoing a significant corporate redesign aimed at achieving €250 million in annual savings, a process set to conclude by the end of 2026. This strategic reorganization has led to a series of structural changes and the departure of several senior executives. Originally reported by Complete Music Update.