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
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Universal Music Restructures, Senior Executives Depart

Universal Music has announced structural changes and the departure of several senior executives as it works to achieve its €250 million in annual savings. This corporate redesign is set to be completed by the end of 2026, a goal that was initially stated in 2024. Originally reported by Complete Music Update.