Industry Oct 19, 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 has initiated structural changes as part of its €250 million annual savings plan, a strategic organizational redesign announced in 2024 and due for completion by the end of 2026.
These changes have resulted in the departure of several senior executives, including the President of Polydor. Originally reported by Complete Music Update.