Universal Music Group Shares Remain Flat Despite Aggressive Subscription-Growth Forecasts — As Streaming Plateau Concerns Persist

Earlier in September, on the heels of a Q2 subscription-growth slowdown, Universal Music Group forecasted solid paid-streaming increases through 2028. But at least for now, investors aren’t rallying behind the major label’s stock. At the time of writing, Universal Music shares (UMG on the Euronext Amsterdam) were hovering around $26.22/€23.44 apiece – reflecting a small […]