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UMG Revenue Rose 9% in 2025 on Taylor Swift, Streaming Subscription Gains

Summary by Billboard
Universal Music Group (UMG) reported nearly 9% revenue growth in 2025, as the label and publisher represented nine out of the top 10 top-selling acts in the world, including Taylor Swift, UMG executives said on Thursday (March 5). UMG reported revenue of 12.5 billion ($14.7 billion) for the full year ending Dec. 31, up 8.7% from a year ago on a constant currency basis. Recorded music revenue rose 9.3% to 9.456 billion euros ($11.1 billion), dr…

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Billboard broke the news in United States on Thursday, March 5, 2026.
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