UNIVERSAL MUSIC GRP U/ADR - UNVGY STOCK NEWS

As of November 1, 2022, The Ed Sullivan Show has surpassed one billion total views across its digital channels, including YouTube, Apple Music, and Facebook. The show also achieved 500K YouTube subscribers, highlighting its significant expansion through a global digital rights agreement with SOFA Entertainment. More than 250 million YouTube views were achieved since June 2020, with notable performances from artists like The Jackson 5 and Elvis Presley. This initiative aims to introduce the show's historic performances to new audiences, revitalizing its cultural impact.

Universal Music Group reported Q3 2022 revenue of €2,664 million, up 13.3% year-over-year in constant currency, driven by all segments. Recorded Music revenue increased 10.1%, while Music Publishing and Merchandising grew 6.9% and 101.1%, respectively. Adjusted EBITDA reached €553 million, a 9.1% year-over-year rise. Year-to-date, revenue totaled €7,398 million, marking a 15.6% increase, with EBITDA of €1,499 million, up 10.2%. Benefits included a €71 million legal settlement, offset by accounting changes affecting Music Publishing revenues.

Universal Music Group N.V. is set to release its financial results for Q3 2022 on October 27, 2022, after market close. The company will host a conference call that same day at 6:15 PM CEST to discuss the results. Investors can participate via a dial-in line after pre-registering on their investor page.

UMG is recognized as a leader in music-based entertainment, encompassing recorded music, publishing, and audiovisual content.

Janet Jackson commemorates the 25th anniversary of her acclaimed album, The Velvet Rope, by releasing a Deluxe Edition on October 7, 2022. This edition introduces 10 new tracks to streaming platforms, featuring B-sides and remixes, including rarities like "Accept Me" and "God's Stepchild". Remastered videos from the original album will also debut on YouTube. The Velvet Rope, recognized for its exploration of personal themes, achieved global success, debuting at No. 1 on the Billboard 200.

Guns N' Roses announces the release of the USE YOUR ILLUSION I & II box set on November 11, 2022. This comprehensive package includes 97 songs, with 63 unreleased audio and video tracks. Fans can choose from various configurations, including a Super Deluxe Seven-CD + Blu-ray and Twelve-LP + Blu-ray editions. The original albums have been fully remastered for the first time. The set will also feature a 100-page book and exclusive collectibles, celebrating the band's legacy since their original album release on September 17, 1991.

Universal Music Enterprises announces the release of Ringo Starr's third EP, titled EP3, available digitally and on CD from September 16, 2022. A limited edition of 10" vinyl and translucent royal blue cassette will be released on November 18, 2022. This EP includes four new tracks: World Go Round, Everyone and Everything, Let's Be Friends, and Free Your Soul. Starr expresses the themes of peace, love, and kindness through his music, as well as continuing his tour with the All-Starr Band.

The Buckleys, an Australian sibling band, released their new EP, Take It As It Comes, on September 16, 2022, through Petrol Records/UMe. The EP showcases a mix of pop-country with inspiration from 70s AM radio sounds, featuring five tracks including the hit single Oops I Love You, which ranked #5 on Australian Country Radio. The band aims to expand their reach into the U.S. market following their success in Australia, where all four of their singles charted in the Top Five.

Universal Music Group N.V. announced that its CEO, Sir Lucian Grainge, will participate in a Q&A session at the Goldman Sachs Communacopia + Technology Conference on September 12, 2022, at 7:45 PM CEST. This event will provide insights into UMG’s strategies and future directions in the music industry. Interested parties can listen to the webcast via investors.universalmusic.com.