Key Takeaways Meta and UMG expanded their global music licensing deal, now including WhatsApp for the first time. The companies said they plan to fight unauthorized AI-generated content so artists are fairly compensated. Since the Meta-UMG partnership was formed in 2017, it has amplified artists and their music on platforms including virtual reality. Meta Platforms (META) and Universal Music Group (UMGNF) announced a multi-year deal designed to create business opportunities for artists and songwriters on Fa ...

Pop stars including Taylor Swift, Adele, Billie Eilish and Elton John will soon have their music played and shared across WhatsApp. Universal Music Group, the world's largest multinational music group which represents the globe's biggest recording artists, reached a multiyear licensing agreement with Mark Zuckerberg's Meta Platforms on Monday. The deal is an expansion of an earlier agreement from 2017 in which UMG licensed its music catalogs to Facebook and its sister platforms Messenger, Instagram and Ocul ...

Meta and Universal Music Group (UMG) announced on Monday the expansion of their multi-year music licensing agreement, which enables users to share songs from UMG's music library across Meta's platforms (Facebook, Instagram, Horizon, Threads, and WhatsApp) without violating copyright. What's most notable about the new agreement is that it states that the two companies are addressing "unauthorized AI-generated content." This refers to songs being scraped by AI systems, often without the consent of the origina ...

ALEAIMAGE/E+ via Getty Images Universal Corporation (NYSE:UVV) engages in sourcing, processing, and supplying leaf tobacco and plant-based ingredients worldwide. We have started covering the firm back in July 2022 with an initial "buy" rating, due to its attractive dividend- and dividend growth, which we have reiterated in September 2022. x Analysis Rating: All Ratings Filtered By: UVV (2) Analyst's Rating History on UVV " oration: The Demand For Tobacco Remains Strong Universal Corp. Could Be An Attractive ...

Universal Corporation (NYSE:UVV) Q1 2025 Results Conference Call August 7, 2024 5:00 PM ET Company Participants Jennifer Rowe - Assistant Treasurer George Freeman - Chairman, President, and Chief Executive Officer Johan Kroner - Chief Financial Officer Conference Call Participants Ann Gurkin - Davenport Operator Good day, everyone, and welcome to today's Universal Corporation First Quarter Fiscal Year 2025 Earnings Call. [Operator Instructions] Please note, this session is being recorded. [Operator Instruct ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ______________TO_______________ Commission File Number: 001-00652 UNIVERSAL CORPORATION (Exact name of registrant as specified in its charter) Virginia 54-0414210 (Stat ...

Exhibit 99.1 ______________________________________________________________________________________________________ P.O. Box 25099 ~ Richmond, VA 23260 ~ Phone: (804) 359-9311 ~ Fax: (804) 254-3584 P R E S S R E L E A S E CONTACT: Universal Corporation Investor Relations RELEASE: 4:16 p.m. ET Phone: (804) 359-9311 Fax: (804) 254-3584 Email: investor@universalleaf.com Universal Corporation Reports First Quarter Results Richmond, VA August 7, 2024 / PRNEWSWIRE _________________________________________________ ...

RICHMOND, Va., Aug. 7, 2024 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), stated, "Universal Corporation is off to a strong start for our fiscal year 2025. For the quarter ended June 30, 2024, revenue was $597.1 million, up by approximately 15% for both our Tobacco and Ingredients Operations segments, while operating income was $17.2 million, up $6.2 million, or 56%, compared to the same quarter last fiscal year. "Our revenue in ...

RICHMOND, Va., Aug. 7, 2024 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), announced today that the Company's Board of Directors declared a quarterly dividend of eighty-one cents ($0.81) per share on the common shares of the Company, payable November 4, 2024, to common shareholders of record at the close of business on October 14, 2024. Universal Corporation (NYSE: UVV) is a global agricultural company with over 100 years of exp ...

Eloi_Omella/E+ via Getty Images Universal Corporation (NYSE:UVV) is about to release their Q1 2025 earnings results on August 7, after market close. Given the recent global shortage of leaf tobacco, investors should keep an eye on the results of their tobacco operations segment. I will also cover the headwinds and future initiatives in their ingredients segment, which suffered a decrease in revenue in FY 2024. Additionally, I considered giving you my perspective on the contributing factors for the increase ...