Industry Oct 20, 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 undergoing structural changes as it nears the end of its two-year plan to achieve €250 million in annual savings, a goal initially announced in 2024.
The company announced these changes yesterday, resulting in the departure of several senior executives, including the President of Polydor. Originally reported by Complete Music Update.