UNIVERSAL MUSIC GRP U/ADR - UNVGY STOCK NEWS

PJ Harvey is set to release a comprehensive collection titled B-SIDES, DEMOS AND RARITIES on November 4. This 59-track album will include many songs that have never been released physically or digitally, featuring 14 previously unreleased tracks. The box set, available on 6 LPs, 3 CDs, and digital, showcases her extensive catalog over three decades. Additionally, it includes unseen photographs and is produced under the guidance of her long-time collaborator, John Parish.

Roger Taylor, renowned drummer of Queen, announces the release of his live album The Outsider Tour Live on September 30, 2022, featuring recordings from his sold-out UK tour. The album includes 22 tracks that blend new material and Queen classics, showcasing Taylor's musical evolution and emotional depth. The lead single, Surrender, will be available on September 8. The release also reflects Taylor's desire to deliver joy and escapism in music following the pandemic. Fans can expect a unique blend of nostalgia and fervor.

Drowning Pool announces their new album Strike A Nerve, set for release on September 30 through T-BOY/UMe. This marks their first release in six years and promises a heavier sound than before. The lead single, "Mind Right," is already available and serves as a tribute to the late Vinnie Paul of Pantera. The band will kick off their fall tour on September 17, beginning at the Central Florida Metal Fest. The album features 11 tracks and reflects the band's evolution and resilience, shaped by their experiences and the global pandemic.

The year 2022 marks the 25th anniversary of Aqua's debut album 'Aquarium', featuring the iconic hit 'Barbie Girl'. To celebrate, an exclusive re-release of the album is set for September 9 via Universal Music Enterprises. Aqua has sold 33 million albums globally and remains a symbol of late 90s music culture, known for their distinctive style and catchy tunes. The original album included hits like 'Doctor Jones' and 'My Oh My', making Aqua a memorable part of Danish music history.

UMe announces the pre-order of Ringo Starr's new EP, EP3, featuring four tracks set for release on September 16, 2022. The new songs, recorded at Starr's Roccabella West studio, showcase his signature vocals and collaborations with artists like Steve Lukather and Linda Perry. The tracks are a mix of pop, country, reggae, and rock. Besides a digital release, EP3 will be available on CD, 10" vinyl, and a limited edition translucent royal blue cassette on November 18, 2022. Ringo emphasizes creativity through more frequent EP releases.

Universal Music Group (UMG) reported Q2 2022 revenue of €2,535 million, a 17.3% increase year-over-year in constant currency, driven by growth across all segments. Adjusted EBITDA rose 8.3% to €507 million. Notably, net profit attributable to equity holders dropped 46.7% to €241 million amid sharp revaluation losses on investments. H1 2022 revenue reached €4,734 million, an increase of 16.9%, with an interim dividend of €435 million. The company highlighted strength in subscription and streaming revenue but faced a decline in digital downloads. Net debt stood at €2,283 million, up from €2,010 million.

Universal Music Group N.V. will release its financial results for Q2 and the first half of 2022 on July 27, 2022, following the Euronext market's close. A conference call will be held that same day at 6:15 PM CEST to discuss the results. Investors and analysts can pre-register for the call to ask questions. UMG is recognized as a leading entity in music entertainment, committed to enhancing artist opportunities and fostering innovative business models. For further updates, visit their website.