Universal Music Group B.V.

Universal Music Group (UMG) is the world's leading music company and a major player in the global entertainment industry. Here are some key details about UMG:

Company Overview

• UMG is a Dutch-American multinational music corporation headquartered in Hilversum, Netherlands, with operational headquarters in Santa Monica, California.
• It is the largest music company in the world and one of the "Big Three" record labels alongside Sony Music and Warner Music Group.
• UMG owns and operates a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content in over 60 countries.

Core Businesses

• Recorded Music (76.2% of net sales): Identifying, developing, producing and promoting recording artists.
• Music Publishing (17.5% of net sales): Managing songwriting catalogs.
• Merchandising and Other (6.3% of net sales): Providing consumer, lifestyle and branding services to artists.

Key Facts

• CEO: Lucian Grainge
• Founded: Current group formed in 1998 through PolyGram acquisition[6]
• Number of employees: 10,131
• 2022 Revenue: €10.34 billion

Major Labels and Divisions

UMG's labels include:

• Republic Records
• Island Records
• Def Jam Recordings
• Capitol Records
• Interscope Geffen A&M Records
• Universal Music Latin Entertainment
• Universal Music Publishing Group

Recent Developments

• Went public in September 2021 on Euronext Amsterdam stock exchange
• Acquired 49% stake in PIAS Group in November 2022
• Appointed Sherry Lansing as Chairman of the Board in January 2023

UMG continues to be a dominant force in the music industry, leveraging its vast catalog and artist roster to shape culture through music across the globe.

Based on the search results, here are the key details about Universal Music Group's (UMG) valuation:

1. Current Market Capitalization:
   As of August 30, 2024, UMG's market cap is $49.36 billion.
2. IPO Valuation:
   UMG went public on September 21, 2021, with an initial valuation of €46 billion (approximately $53.3 billion at the time).
3. Post-IPO Valuation:
   On its first day of trading, UMG's valuation hit €54 billion ($62.6 billion), which was over a third higher than the initial valuation.
4. Recent Market Cap Range:
   Over the past year, UMG's market cap has fluctuated:

• Minimum: $30.46 billion (October 12, 2022)
• Maximum: $58.29 billion (May 7, 2024)
• Average: $45.62 billion

1. Current Financial Metrics (as of August 28, 2024):

• Stock Price: $26.05
• Price-to-Earnings Ratio: 29.15
• Price-to-Sales Ratio: 3.930
• Price-to-Book Value: 12.96

1. Ownership Structure:

• Bolloré family: 28% (18% through Bolloré holding company, 10% through Vivendi)
• Tencent: 20%
• Pershing Square Holdings: 10%
• Vivendi: 10% (retained after distribution of 60% of shares)

It's worth noting that UMG's valuation has shown significant growth since its IPO, reflecting its strong position in the global music industry and investor confidence in its future prospects.