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Universal Music Group Announces ‘Strategic Redesign’ Saving $270 Million in Annual Costs

In its latest earnings report, Universal Music Group touted top-selling acts including Taylor Swift, the Rolling Stones, Drake, Jung Kook and Stray Kids with a revenue increase of 9% for a total of $3.5 billion (3.2 billion euros) in its fourth quarter of 2023. In the same report, the music company addressed in further detail […]

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