First Annual Report Universal Music Group (UMG)
Universal Music Group, Inc. (UMG) is the biggest ‘music factory’ in the world and manufactures, markets, sells, and distributes recorded music through a network of subsidiaries, joint ventures, and licensees. Universal Music Group serves customers worldwide. With a total headcount of over 9,500 employees, offices in 60 countries, covering 200+ markets, UMG realizes a revenue of € 8.5 billion.
Universal Music Group (UMG)
Music is universal
Music unites us. It’s a force for good that transcends borders and boundaries. That’s why at Universal Music Group is all about shaping culture through the power of artistry. UMG deploys knowledge and innovation to help fans connect with the artists and music they love and in ways they want.
Digital technology is transforming life. UMG embraces this transformation and pioneer’s new services, platforms and business models to get more music to more people in more ways. UMG’s culture of innovation means that they harness change to empower innovators and create new commercial and artistic opportunities.
UMG is a “category of one” – no other company can rival our excellence in recorded music, music publishing, music merchandising and music-based visual entertainment. And UMG continues to drive new developments across the dynamic and diverse music industry. With operations in more than 60 territories around the globe, UMG is the universal home for artists, songwriters, innovators and iconic labels.
Annual Report 2021
CF Report acted as both a consultant on Dutch reporting requirements and as designer and producer of the report. In the opening sections the importance of music is explained in visual way. By attractive data dashboards the most important key factors are explained, as well as the profile and business structure. In the first value creation model of UMG the added value of the company is being presented in a visual way. Important sections are the brands and labels as well as the activities of the several business units. Important chapters are innovation, technology, R&D, and financial and non-financial information. UMG is a frontrunner in taking its responsibility in society and based a logical reporting structure this important message has been spelled out in the report.