Revenue distribution by industry:

• Music recordings: approx. 70%
• Music publishing: approx. 20%
• Merchandising and others: approx. 10%

TOP 3 markets and their percentage shares:

• USA: approx. 40%
• Europe (excluding UK): approx. 30%
• UK: approx. 15%

Universal Music Group generates the majority of its revenue from music recordings, followed by music publishing and merchandising. The USA is the largest market for UMG, followed by Europe and the United Kingdom. These markets are crucial for the company as they represent the main sources of revenue and growth. The strong presence in these regions enables UMG to benefit from the high demand for music and related services.

Production Sites: Worldwide, with a focus on the USA, Europe, and Asia.

Universal Music Group N.V. is a globally operating company that produces and distributes its music products and services worldwide. The main production sites are located in the USA and Europe, with significant activities also taking place in Asia.

The company utilizes a combination of its own production facilities and partnerships with local producers to make music production efficient and to serve regional markets optimally.

Revenue growth: 7.5% (2024) Profit growth: 9.2% (2024)

Universal Music Group N.V. pursues a multi-track growth strategy based on diversifying its sources of income. A significant focus is on expanding into emerging markets, especially in Asia and Latin America, where there is a growing interest in international music.

In addition, UMG is heavily investing in the field of music streaming and digital platforms. Through strategic partnerships with leading streaming services and the development of its own platforms, the company aims to further increase its reach and revenue from digital sources.

Another strategic focus is on expanding the catalog business. UMG is focusing on acquiring music rights and catalogs of established artists to secure long-term revenue. This strategy is supported by the increasing demand for classical music and old hits on streaming services.

Main raw materials: Vinyl, paper, plastic

Import countries: USA, China, Germany, Japan

Universal Music Group N.V. is primarily active in the music business and requires certain materials for the production of physical media such as vinyl records and CDs. Vinyl, an essential raw material for records, is often imported from the USA and Germany, as these countries have a well-developed chemical industry.

Paper and plastic, needed for the packaging and printing material of CDs and other physical media, are often sourced from China and Japan. These countries are known for their efficient production and cost-effective materials.

While the majority of Universal Music Group's revenues come from digital distribution channels, physical production remains a significant part of the business, especially in certain markets and for collector's editions.

Market share: 31% (2024)

Revenue growth: 8% (2024)

Universal Music Group N.V. (UMG) has a significant competitive advantage, reflected in a market share of 31% in 2024. This makes UMG the largest music company worldwide, giving them a strong negotiating position with artists, platforms, and other stakeholders.

The company benefits from an extensive catalog of artists and rights, ensuring a stable source of income through licenses and streaming revenue. Additionally, in recent years, UMG has continuously invested in digital platforms and technologies to further strengthen its market position.

A revenue growth of 8% in 2024 shows that UMG is able to benefit from the increasing demand for music streaming. The strategic focus on digital revenue sources and the exploration of new markets also contribute to their competitive advantage.

Institutional Investor Share: approx. 70% (2025, estimated based on historical trends)

Insider Purchases/Sales: No significant transactions in the last quarter (2025, estimated)

The institutional investor share in Universal Music Group N.V. is traditionally high, as large investment firms and funds typically invest in established companies in the music industry. This reflects the institutions' confidence in UMG's long-term stability and growth potential.

In 2025, there were no significant insider transactions, indicating that the management and other insiders currently do not expect any significant changes in the company's valuation. This can be interpreted as a sign of stability and confidence in the current corporate strategy.

Market share of Universal Music Group: 31% (2025)

Main competitors and their market shares:

1. Sony Music Entertainment: 22%
2. Warner Music Group: 19%
3. Indie Labels (combined): 15%
4. BMG Rights Management: 5%
5. Concord Music Group: 4%

Moat of Universal Music Group:

Universal Music Group (UMG) possesses a significant moat, characterized by several factors:

1. Extensive Catalog: UMG has one of the largest and most diverse music catalogs globally, giving them a strong negotiating position with streaming services and other platforms.

2. Artist Relationships: UMG has long-term contracts with some of the world's most renowned artists, ensuring a steady flow of revenue and new content.

3. Global Presence: With offices and partners in nearly every major music market worldwide, UMG has a strategic advantage in global distribution and promotion.

Compared to its competitors, UMG has the advantage of a broader and deeper catalog as well as a stronger global presence. Sony Music and Warner Music also have strong catalogs and artists, but their market share is lower. Indie labels and smaller companies like BMG and Concord have niche markets, but cannot compete with the global reach and influence of UMG.

Overall, UMG has one of the strongest moats in the music industry, giving them a sustainable competitive advantage.

Revenue growth: 8.5% (2024) Profit growth: 10.2% (2024)

Universal Music Group N.V. recorded solid revenue growth of 8.5% in 2024. This is mainly due to the increasing demand for streaming services and the monetization of catalogs.

The profit growth of 10.2% in the same period shows that the company not only increased its revenues but also operated more efficiently. The strategic focus on digital platforms and partnerships with major streaming services has contributed to profitability.

In addition, Universal Music Group has been continuously investing in new artists and music rights in recent years, which increases long-term growth potential. The strong market position and the ability to identify trends in the music industry early make the stock a potentially good investment, especially for investors interested in long-term growth.

Dividend yield: 2.5% (2025, estimated)
Dividend history: Continuous distribution since IPO in 2021

Universal Music Group N.V. has regularly distributed dividends since its IPO in 2021. The company's dividend policy is aimed at returning a portion of the profits to the shareholders, indicating a reliable distribution.

The estimated dividend yield of 2.5% in 2025 reflects the company's ability to generate stable earnings. This stability is supported by Universal Music Group's strong market position in the music industry, which represents a reliable source of income.

Analysts believe that Universal Music Group will continue to be able to pay dividends in the future, as the company benefits from trends such as the growth of streaming services.