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Universal Music Group
2.1
based on 4 Reviews
About Universal Music Group
Founded in--
India Employee Count--
Global Employee Count--
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Websiteugamsolutions.com
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Universal Music Group Ratings
based on 4 reviews
Overall Rating
2.1/5
How AmbitionBox ratings work?
5
0
4
0
3
1
2
0
1
3
Category Ratings
3.2
Work-life balance
2.6
Skill development
2.3
Job security
2.1
Salary
2.1
Work satisfaction
1.5
Company culture
1.5
Promotions
Universal Music Group is rated 2.1 out of 5 stars on AmbitionBox, based on 4 company reviews.This rating reflects a below average employee experience, indicating poor satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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Universal Music Group Reviews
Compare Universal Music Group with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 2.1/5 based on 4 reviews | 4.0/5 based on 16 reviews | 3.8/5 based on 52 reviews | 3.5/5 based on 585 reviews |
Highly Rated for | No highly rated category | Company culture Work-life balance Work satisfaction | Work-life balance | No highly rated category |
Critically Rated for | Company culture Promotions Salary | Promotions Salary Skill development | Promotions Work satisfaction Company culture | Promotions Job security Salary |
Primary Work Policy | - | - | - | Work from office 77% employees reported |
Rating by Women Employees | - no rating available | 4.4 Good rated by 5 women | 3.5 Good rated by 14 women | 3.2 Average rated by 117 women |
Rating by Men Employees | - no rating available | 3.6 Good rated by 9 men | 4.0 Good rated by 31 men | 3.6 Good rated by 430 men |
Job security | 2.3 Poor | 3.4 Average | 3.7 Good | 2.9 Poor |
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Universal Music Group Salaries
Universal Music Group salaries have received with an average score of 2.1 out of 5 by 4 employees.
Legal Manager
(2 salaries)
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₹8.1 L/yr - ₹10.4 L/yr
Assistant Manager - Legal
(2 salaries)
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₹7.4 L/yr - ₹9.4 L/yr
Senior Associate
(2 salaries)
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₹4.1 L/yr - ₹5.2 L/yr
Assistant General Manager Marketing
(2 salaries)
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₹22.1 L/yr - ₹28.3 L/yr
Music Director
(2 salaries)
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₹2.7 L/yr - ₹3.5 L/yr
Sales Executive
(1 salaries)
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₹1.4 L/yr - ₹1.8 L/yr
Talent Manager
(1 salaries)
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₹0.9 L/yr - ₹1.1 L/yr
Assistant General Manager
(1 salaries)
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₹25.2 L/yr - ₹32.2 L/yr
Finance Manager
(1 salaries)
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₹34.7 L/yr - ₹44.3 L/yr
Accountant
(1 salaries)
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₹4.1 L/yr - ₹5.2 L/yr
Universal Music Group News
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Spotify’s HiFi streaming could finally arrive this year
- Spotify could launch its HiFi tier for lossless audio streaming this year.
- The new tier, potentially named "Music Pro," may cost an extra $5 or $6 per month.
- Spotify plans to include additional features like song remixing and exclusive concert ticket sales in the new tier.
- The company has recently signed multi-year licensing agreements with Warner Music Group and Universal Music Group, paving the way for HiFi streaming.
The Verge | 18 Feb, 2025
Drake Drops V-Day Album. Is He Moving Past Beef With Kendrick Lamar?
- Drake released a new album, 'Some Sexy Songs 4 U,' on Valentine's Day, following his beef with Kendrick Lamar.
- Although not explicitly mentioning Lamar, several tracks on the album imply that Drake is trying to move past the feud.
- The album release coincided with Kendrick Lamar's Super Bowl halftime show performance where he performed the Drake diss track, 'Not Like Us.'
- Drake has filed a lawsuit against Universal Music Group, alleging defamation and artificial boosting of Lamar's diss track.
Blackenterprise | 16 Feb, 2025
A new social music platform just hit 1 million users. Here's the pitch deck it used to close its $8 million seed round.
- Hangout, a social music platform, has reached 1.1 million users since launching in November 2021.
- Users can listen to music and chat via queueable songs within listening rooms that include 100 million full-length tracks on the platform.
- The platform is monetized primarily through a freemium model, with paid subscriptions starting at $5 a month.
- Hangout has the backing of major labels like Sony Music, Universal Music Group, and Warner Music Group.
- Hangout's founder, Joseph Perla, has built a similar product previously as the VP of technology of Turntable.fm, which briefly ran from 2011 to 2013.
- Hangout aims to be a solution to the craving for new social networking platforms.
- Hangout's pitch deck for its $8.2 million seed round is shared in this article, which includes a roadmap for 2025 and future growth scenarios.
- Hangout also wants to market artist's albums and tours, having already hosted listening parties and AMAs with notable musicians.
- It focuses on putting connection and harmony within the music listening experience.
- Hangout's launch comes at a time when music streaming services like Spotify and TikTok are also trying to capture this space.
Insider | 7 Feb, 2025
Spotify, Warner Music Group sign new deal to help deliver ‘further paid subscription tiers’
- Spotify and Warner Music Group (WMG) have signed a new multi-year agreement covering recorded music and music publishing.
- The deal aims to deliver new fan experiences, a deeper music and video catalog, further paid subscription tiers, and differentiated content bundles.
- Spotify CEO Daniel Ek mentioned the introduction of a new 'superfan' premium tier for subscribers.
- This deal follows a similar agreement between Spotify and Universal Music Group (UMG).
TechCrunch | 6 Feb, 2025
Spotify signs Warner Music deal heralding new subscription tiers
- Spotify signs a multi-year deal with Warner Music Group to expand the platform's catalog of audio and visual content.
- The deal is expected to introduce new paid subscription tiers, including a higher priced premium tier and a potential deluxe streaming tier with HiFi lossless audio features.
- Spotify's recent agreement with Universal Music Group also hinted at additional subscription tiers and higher quality audio for superfans.
- The agreement also includes a direct licensing model with Warner Chappell Music and aims to support artists and songwriters while improving payout rates.
The Verge | 6 Feb, 2025
13 times Drake has had beef with other rappers, including Kendrick Lamar, Pusha T, and Kanye West
- Drake has a long history of beef with other rappers.
- He recently traded diss tracks with Kendrick Lamar, including 'Family Matters' and 'Not Like Us.'
- He previously feuded with Megan Thee Stallion, Pusha T, Meek Mill, and more.
- Drake's beef with Kendrick Lamar is just the latest in a career's worth of conflict.
- Throughout his career, Drake has squared up with several fellow stars, leading to high-profile rap battles and even physical fights.
- Most recently, Drake sued Universal Music Group (the company that owns both rappers' labels) for allowing the release of 'Not Like Us' and, as a result, encouraging the spread of false and 'dangerous' accusations about Drake, per the lawsuit.
- Drake's former friend Rick Ross was also featured on 'We Don't Trust You' so Drake took a shot at Ross in 'Push Ups.'
- Back in 2012, Drake and A$AP Rocky collaborated on the hit single 'F**kin' Problems' for the latter's debut album.
- The Weeknd, aka Abel Tesfaye, received a major boost in his career after Drake tweeted lyrics from The Weeknd's 'Wicked Games' in 2011.
- To date, Drake and Ye still haven't put their feud to bed.
Insider | 5 Feb, 2025
Spotify shares pop 10% after company reports first profitable year
- Music streaming company Spotify's shares rose 10% as it reported its first profitable year and recorded a net income of 1.14 billion euros in 2024.
- In the fourth quarter, Spotify's gross profit grew 40% year over year and its operating income reached 477 million euros.
- Spotify paid a record $10 billion in royalties to the music industry in 2024, and its new multiyear publishing agreement with Universal Music Group is expected to drive further growth.
- The company's user engagement, particularly through Spotify Wrapped, contributed to the growth in monthly active users, with a net increase of 35 million in the fourth quarter.
CNBC | 4 Feb, 2025
New Spotify and UMG deal could create pricier ‘superfan’ subscription
- Spotify and Universal Music Group have signed a new multi-year agreement that could result in a tiered subscription approach aimed at providing extra perks for 'superfans.'
- The agreement is consistent with UMG's 'Streaming 2.0' vision, offering a 'Super-Premium' subscription for superfans with benefits like early access to music, exclusive deluxe editions, hi-res audio, and artist Q&As.
- The deal also seems to increase royalty rates, which was criticized by the National Music Publishers Association in the past.
- This is Spotify's first direct deal with a music publisher since the Music Modernization Act passed in 2018.
The Verge | 28 Jan, 2025
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Spotify Strikes New Deal With Universal Music Group
- Spotify strikes a new multi-year agreement with Universal Music Group.
- The deal includes music publishing and establishes a direct license between Spotify and Universal Music.
- New offers, paid subscription tiers, bundling of music and non-music content, and a richer audio and visual content catalog for artists and consumers.
- Spotify has focused on boosting profitability through layoffs, podcast reductions, and price increases.
Baystreet | 27 Jan, 2025
Kai Cenat And Mark Phillips Among Streamers Named In Drake's Lawsuit Against UMG
- Drake has filed a defamation lawsuit against Universal Music Group (UMG) accusing them of spreading false claims that he is a pedophile.
- The lawsuit also names several content creators, including Kai Cenat and Mark Phillips, alleging that UMG allowed them to monetize reactions to Kendrick Lamar's diss track without enforcing copyright claims.
- Drake believes that UMG prioritized money over his reputation and helped spread the false narrative.
- The content creators named in the lawsuit have criticized Drake on social media for including them.
Kotaku | 19 Jan, 2025
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Universal Music Group FAQs
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Working at Universal Music Group does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, company culture and work satisfaction, based on 4 employee reviews on AmbitionBox.
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