Industry Oct 17, 2026
Universal Music Restructures, Senior 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 has announced structural changes as part of its €250 million savings plan, with a deadline for completion at the end of 2026. These changes have led to the departure of several senior executives, including the President of Polydor. The company initially stated its intention for this "strategic organisational redesign" in 2024. Originally reported by Complete Music Update.