Annual revenues for the French music company increased to 760.8 million euros ($723.5 million) last year.
The new standalone will sit alongside Decca Classics under the Universal Music U.K. umbrella.
The label will release the Lagos-born artist's fifth studio album in June.
The song, which was removed from Spotify over a rights issue, is back up, while the Mississippi MC has decided to remain with UnitedMasters for now.
The nine-year veteran of WMG guided the company through its return to growth and debut on Wall Street.
Life in the fast lane: Labels are leaning into uptempo remixes as a way of driving streams and bringing "new life to tracks"
The agency behind BTS said it was still studying possible avenues for collaboration with SM, once South Korea’s dominant K-pop company.
Led by longtime dance industry executive Sam Mobarek, Major Recordings launches with the signing of duo PARISI.
In terms of both dollar and percentage increases, last year’s growth was the lowest since 2016.
"The artists and the company all came together because we knew what this meant," says Jesús López. "It was once again a very big statement for Universal."
