UMG's board approved plans to double its share buyback program to 1 billion euros ($1.16 billion) and sell half of UMG's stake in Spotify. GOYANG, SOUTH KOREA - APRIL 09: Fans of K-pop boy band BTS are entering the stadium from the subway stationahead of the BTS World Tour 'Arirang' at Goyang stadium on April 09, 2026 in Goyang, South Korea. (Photo by Chung Sung-Jun/Getty Images) Getty Images Trending on Billboard Universal Music Group reported revenue was flat at 2.9 billion euros ($3.33 billion) for the first quarter as the success of K-pop supergroup BTS ‘s first new album in years was offset by foreign currency fluctuations and a tough year-ago comparison. Earnings before interest, tax, depreciation and amortization (EBITDA), which is a popular measure of a business’s core operating performance and profitability minus certain costs, fell 5.3% to 571 million euros ($655.7 million) for the quarter ending March 31 compared to the same period a year ago.…