Inside Track: UMG’s Executive Pay; Clive Davis Interviews Joni Mitchell

Edited by Dan Rys
UMG Executive Committee’s Big Payday
Universal Music Group’s 11-person executive committee was paid a total of $128.4 million in short-term employee benefits — most likely salaries and bonuses – in 2020, according to financial information released by the music group’s parent company Vivendi.
When post-employee benefits and share-based payouts are added, that total jumps to $132 million — almost double the $62.2 million paid to the executive t