Universal Music Group Predicts 10% Growth in Subscription Revenue by 2028

Tuesday, 17 September 2024, 08:22

Universal Music Group (UNVGY) predicts subscription revenue growth of up to 10% by 2028. This projection is part of their broader forecast of revenue CAGR exceeding 7% through FY. Additionally, they expect EBITDA CAGR to surpass 10%, highlighting their healthy financial outlook.
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Universal Music Group Predicts 10% Growth in Subscription Revenue by 2028

Universal Music Group's Financial Outlook

Universal Music Group (UNVGY) is setting high expectations with a forecast that sees subscription revenue growing between 8-10% by 2028. This anticipated growth is a part of their overall revenue CAGR prediction of more than 7% through the fiscal year (FY). The company also projects EBITDA CAGR levels above 10%, indicating a strong performance within the competitive landscape of the music industry. 

Key Financial Projections

  • Forecasted subscription revenue CAGR of 8-10%.
  • Overall revenue CAGR expected to exceed 7% by FY.
  • Projected EBITDA CAGR surpassing 10%.

The momentum in subscription services signifies a transformative phase in consumer engagement and revenue generation for Universal Music Group. With a solid strategy, the company is poised to capitalize on the growing demand for digital music services.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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