Universal Music Group N.V. (UMG.AS)
| Previous close | 27.70 |
| Open | 28.30 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 27.68 - 28.40 |
| 52-week range | 18.28 - 29.05 |
| Volume | |
| Avg. volume | 1,146,159 |
| Market cap | 50.709B |
| Beta (5Y monthly) | 0.92 |
| PE ratio (TTM) | 40.94 |
| EPS (TTM) | 0.68 |
| Earnings date | 02 May 2024 |
| Forward dividend & yield | 0.54 (1.95%) |
| Ex-dividend date | 20 May 2024 |
| 1y target est | 29.30 |
Associated Press FinanceArtists from Universal Music Group are heading back to TikTok as new licensing deal reached
Artists from Universal Music Group, which include Taylor Swift, Drake, Adele, Bad Bunny and Billie Eilish, will be returning to TikTok as the two parties have struck a new licensing agreement following an approximately three-month long dispute. The two sides said Thursday that they are “now working expeditiously to return music by artists represented by Universal Music Group and songwriters represented by Universal Music Publishing Group to TikTok in due course.” UMG said in January that it had not agreed to terms of a new deal with TikTok, and planned to stop licensing content from the artists it represents on the social media platform that is owned by ByteDance, as well as TikTok Music services.
BloombergDrake and Rihanna Will Return to TikTok After Universal Feud Ends
(Bloomberg) -- Universal Music Group NV, the world’s biggest record label, said it has entered a new licensing agreement with TikTok, ending a dispute that led to its artists’ songs being pulled from the social media platform. Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesBid
CNN BusinessIt’s not just Taylor Swift. The world’s biggest artists are returning to TikTok
Ariana Grande, Adele, Rihanna and Coldplay will soon join Taylor Swift back on TikTok following a deal with Universal Music Group, ending a feud that saw one of the world’s biggest record labels pull its music from the social media platform.
