UMG expects strong profit growth through 2028, driven by superfans of artists like Taylor Swift, BTS, and Drake, alongside increased subscription revenues and new partnerships.
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Adidas may boost more sales than its rival Nike. Drake's Nike line faces challenges due to the Kendrick Lamar feud, although it could gain attention from public interest.
Universal Music Group has denied allegations that it has intervened in the beef between Aubrey “Drake” Graham and Kendrick Lamar Duckworth, while also being under fire after Glass Lewis urged shareholders to revolt against a salary increase for its CEO, Lucian Grainge.
Universal Music Group (UMG) and TikTok have resolved their recent dispute through a new licensing agreement.
