Universal Music Group (UMGNF) Q3 2023 Earnings Call

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WEBVTT 00:00:00.029 -- 00:00:04.490 Good evening and welcome to Universal Music Group's third quarter earnings call for the 00:00:04.490 -- 00:00:08.220 period ended September 30th, 2023. 00:00:08.271 -- 00:00:12.512 My name is Nadia and I'll be your conference operator today. 00:00:12.512 -- 00:00:17.153 Your speakers for today's call will be Solution Grange, Chairman and CEO of Universal 00:00:17.153 -- 00:00:23.534 Music Group and Boyd Muir, Executive Vice President, CFO and President of Operations. 00:00:23.654 -- 00:00:28.135 They will be joined during Q&A by Michael Nash, Executive Vice President and Chief Digital 00:00:28.135 -- 00:00:30.135 Officer. 00:00:30.359 -- 00:00:34.401 All lines have been placed on mute to prevent any background noise. 00:00:34.401 -- 00:00:38.443 After the speaker's remarks, there will be a question and answer session. 00:00:38.443 -- 00:00:41.845 If you would like to ask a question during this time, simply press star followed by the 00:00:41.845 -- 00:00:45.947 number one on your telephone keypad. If you would like to withdraw a question, please 00:00:45.947 -- 00:00:48.709 press star followed by two. 00:00:48.709 -- 00:00:52.571 Please let me remind you that management's commentary and responses to questions on today's 00:00:52.571 -- 00:00:57.193 call may include forward-looking statements, which by their nature are uncertain and 00:00:57.193 -- 00:01:00.274 outside of the company's control. 00:01:00.427 -- 00:01:03.849 Although these forward-looking statements are based on management's current expectations 00:01:03.849 -- 00:01:08.673 and beliefs, actual results may vary in a material way. 00:01:08.673 -- 00:01:11.875 For a discussion of some of the factors that could cause actual results to differ from 00:01:11.875 -- 00:01:16....