Industry Oct 18, 2026
Universal Music 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 has announced structural changes as part of its two-year, €250 million corporate redesign aimed at achieving annual savings. The company had committed to these savings by the end of 2026. The recent announcement includes the departure of several senior executives, including the President of Polydor. Originally reported by Complete Music Update.