UMG as a Durable, Diversified Music Empire

28 days ago

Unnamed Speaker

"It's almost as good as it gets. And when I first looked at Universal, I saw a clearly high-quality, IP-rich business trading at what I thought was a very reasonable price, right around 20 times earnings."

The speakers provide company-specific commentary on UMG, emphasizing its structural advantages, vast and star-studded music catalog, and diversified revenue streams that span recorded music, publishing, and merchandising. They note that UMG has demonstrated resilience and steady growth as streaming becomes the primary revenue driver, making it an attractive long-term investment in a competitive industry.