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Feb 28, 2024 · Boyd Muir, CFO and EVP of Universal Music Group, confirmed on an earnings call today with UMG investors that Universal’s new cost-saving plan is “r equired to get us to [that] mid-20s margin guidance”.
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Feb 28, 2024 · Boyd Muir, executive VP and CFO/president of operations for UMG, added: “We continued our strong performance in 2023, with robust top- and bottom-line growth driven by both our artists’ and...
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Nov 13, 2023 · Santa Monica, November 13, 2023 ‒ In a first for a standalone major music company, Universal Music Group N.V. (EURONEXT: UMG), the world’s leading music-based entertainment company, today announced that its greenhouse gas (GHG) emission reduction targets have been approved by the Science Based Targets initiative (SBTi), the gold standard ...
Home. Leadership. Boyd Muir. Boyd Muir is Executive Vice President, Chief Financial Officer and President of Operations for Universal Music Group. He is responsible for overseeing UMG’s global finance operations, including asset management, information technology, accounting, supply chain, and human resources.
Apr 26, 2023 · “Our results reflect the continued evolution of our business towards consistent and predictable revenue from a growing array of sources,” said Boyd Muir, EVP, CFO and President of Operations for UMG. “With revenue up 9% and Adjusted EBITDA up 13%, we’re encouraged by our first quarter and remain on track to meet our plans for the year.” UMG Results
Nov 20, 2023 · Boyd Muir, Universal Music Group, speaking October 27 Later on that earnings call, UMG execs were quizzed by analysts including Lisa Yang of Goldman Sachs and Julien Roch of Barclays about how this planned cost-cutting might affect margins, and particularly how it might play into UMG’s goal of hitting a mid-20-percent EBITDA margin in the ...
Feb 28, 2024 · On a call with analysts, UMG executives heightened their criticism of the platform. CFO Boyd Muir said revenue from TikTok represented just 1% of UMG’s revenue—and hinted that UMG plans to ...
