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May 3, 2024 · 05/3/2024. The New Universal Music Group-TikTok Deal Explained. UMG has "substantially improved the total value we'll derive from this relationship," CFO Boyd Muir said. Some of that...
May 3, 2024 · UMG has “substantially improved the total value we’ll derive from this relationship,” CFO Boyd Muir said. Some of that value is non-monetary. ...
May 7, 2024 · Boyd Muir, Universal Music Group’s EVP, CFO, and President of Operations, expressed optimism regarding the company’s performance, noting the positive revenue growth across all segments and robust EBITDA expansion. Muir underscored UMG’s confidence in its strategic plans for the current year and beyond, signaling a promising outlook for ...
May 2, 2024 · Los Angeles, May 01, 2024 – Universal Music Group, the world-leader in music-based entertainment and TikTok today announce a new multi-dimensional licensing agreement that will deliver significant industry-leading benefits for UMG’s global family of artists, songwriters and labels and will return their music to TikTok’s billion-plus global commu...
May 2, 2024 · Boyd Muir, UMG's EVP, CFO and president of operations, said: “2024 is off to a healthy start, with revenue growth in all segments as well as strong Adjusted EBITDA growth and margin expansion...
May 3, 2024 · The bottom line: UMG believes its new licensing deal with TikTok is an improvement over the deal that expired at the end of January. UMG has “substantially improved the total value we’ll derive from this relationship,” CFO Boyd Muir said.
