Bill Ackman’s Pershing raises $1.4 billion in Universal Music Group stake sale
The placement comes as Taylor Swift’s record label plans a U.S. share sale agreed in order to fulfill an agreement with ...
Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'
News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing ...
Universal Music Stock Drops After Bill Ackman's Hedge Fund Cuts Stake
Universal Music stock fell after hedge-fund billionaire Bill Ackman said Pershing Square is cutting its stake in the world’s largest record label. Shares in the label behind Taylor Swift (NL:UMG) were ...
Complete Music Update9d
Indie label groups slam Universal as Amazon deal and yet another acquisition raise more red flags
Indie label trade groups have again aired their concerns about Universal Music’s market dominance in the wake of yet another acquisition by the major. They add that Universal uses that dominance to fo ...
Rapper Offset Schedules Russia Concert Despite His Label’s Boycott Of The Country After Ukraine Invasion
Offset is signed to Motown Records, a label under Universal Music Group, which announced it would cease operations in the ...
Jeffrey Remedios reflects on artists, labels and music’s sense of place as he departs Universal Music Canada
After taking over the country’s largest record label more than a decade ago, he built a creative campus for artists, but now ...
Universal Music’s Subscriptions, Streaming Revenue Beat Forecasts Despite Slowdown
The record label behind Taylor Swift posted revenue of €3.44 billion, beating analyst forecasts of €3.27 billion.
Variety10d
Universal Music Posts Solid 2024 Results, Doubles Down on ‘Superfans’ and ‘Streaming 2.0’
Universal Music Group posted strong results from 2024 in earnings announced ... and Outdustry (China/India), and notably ...
Offset to Perform in Russia Despite Label’s Boycott
Offset has announced a performance in Russia set for April despite his parent label, Universal Music Group, having suspended ...
Offset Announces Concert in Russia Despite His Label’s Ongoing Boycott
Offset has announced an arena show in Moscow next month even though his label suspended operations there in 2022.