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 significant structural changes as it nears the end of a two-year "strategic organizational redesign" aimed at achieving €250 million in annual savings. These changes have resulted in the departure of several senior executives. The company had initially stated its intention to complete this redesign by the close of 2026. Originally reported by Complete Music Update.