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Universal Music Group N.V. (0UMG.L)
- Barrons.com
Taylor Swift Album Will Buoy Universal—but Not How You Think
Universal Music Group is expected to benefit from Taylor Swift's release of _The Tortured Poets Department_ album that looks set to smash records, with consensus forecasts likely rising, BofA Securities analysts say in a research note. The record label appears to be less hit-driven and dependent on a single artist than perceived, with Swift's impact expected to be felt through physical sales rather than via streaming growth, the analysts say. Swift likely commands lower profitability than other UMG artists as she owns her master recordings—thus entitled to a larger royalty share—and is overrepresented on physical formats, which come with a lower margin for the record label.
- Simply Wall St.
Universal Music Group (AMS:UMG) Is Aiming To Keep Up Its Impressive Returns
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
- Reuters
Taylor Swift music back on TikTok despite fight with Universal Music, FT reports
Swift's return to TikTok had been in the works for some time, the report added, citing people familiar with the matter. The pop superstar owns the copyrights to her recordings through a 2018 deal struck with Universal that lets her control where her work is made available, unlike many other artists, the report said. TikTok, Universal Music and representatives for Taylor Swift did not immediately respond to Reuters' requests for comment.
