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Universal Music Group NV (XAMS:UMG) Current Deferred Revenue : €0 Mil (As of Dec. 2023)


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What is Universal Music Group NV Current Deferred Revenue?

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Universal Music Group NV's current deferred revenue for the quarter that ended in Dec. 2023 was €0 Mil.

Universal Music Group NV Current Deferred Revenue Historical Data

The historical data trend for Universal Music Group NV's Current Deferred Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Universal Music Group NV Current Deferred Revenue Chart

Universal Music Group NV Annual Data
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Current Deferred Revenue
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Universal Music Group NV Semi-Annual Data
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Universal Music Group NV Current Deferred Revenue Related Terms

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Universal Music Group NV (XAMS:UMG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Universal Music Group NV (XAMS:UMG) » Definitions » Current Deferred Revenue
Comparable Companies
XAMS:FLE XAMS:AJAX NFLX DIS WBD LYV SIRI WMG XPAR:BOL FWONA FOXA NWSA XPAR:VIV ROKU PARA EDR XKRX:352820 TKO TSE:9602 MEGACPO
Traded in Other Exchanges
UNVGY:USA UMGNF:USA UMGa:UK 0VD:Germany UMG:Austria
Address
Gravelandseweg 80, Hilversum, NH, NLD, 1217 EW
Website
https://www.universalmusic.com
Universal Music Group is the largest of the three major global record labels with Sony Music in second and Warner Music in third. Universal's larger segment, recorded music, consists of iconic labels like Interscope, Capitol Music, Decca, EMI, and Motown and popular artists such as Drake, Taylor Swift, J Balvin, and Luke Bryan. Universal Music Publishing Group owns and administers almost 4 million compositions and is the second-largest music publisher behind Sony. Universal Music was spun out of Vivendi in September 2021, with 60% distributed to Vivendi shareholders, 20% to Tencent, 10% to Pershing Square Capital, and 10% remaining at Vivendi.

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