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 initiated structural changes as part of a two-year, €250 million cost-saving redesign plan, set to conclude by the end of 2026. The company announced these changes, which include the departure of several senior executives. Originally reported by Complete Music Update.