Universal Music Group posts $3.78 billion quarterly revenue, CEO targets AI slop
UMG posted 3.394 billion euros in third-quarter revenue, nearly 12 percent more than in 2025, and its CEO denounced the spread of AI slop.
By GennnAi··1 min read
Recorded music revenue rose nearly 15 percent, including Downtown Music, to 2.55 billion euros. Subscription revenue reached about $2 billion, up 18 percent. CEO Lucian Grainge said the scale of the AI slop problem outpaces progress and urged paying such content less than music by actual musicians, to discourage industrial-scale production. The results come two weeks after a round of layoffs and executive departures.
Source: The Hollywood Reporter, published on October 29, 2026.