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 is implementing structural changes as it nears the end of a two-year "strategic organisational redesign" aimed at achieving €250 million in annual savings. This initiative, announced in 2024 with a completion deadline of the end of 2026, has resulted in the departure of several senior executives. Originally reported by Complete Music Update.