News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing ...

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 ...

Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s largest music company.

Record sales were at an all-time high in 2024, and Spotify paid out $10bn in royalties - but most of that money is going to ...

Slinky soul singer Olivia Dean and art-rock band The Last Dinner Party join the gathering convened by Universal Music Group boss Lucian Grainge of the label’s global chiefs, summoned to take a new ...

Sony Music is suing USC over TikTok videos that feature songs by Beyonce, Michael Jackson, SZA and others, claiming it used ...

The percentage of women in senior executive positions across the music industry has not sufficiently improved, according to a ...

Spotify paid $10 billion to the music industry last year, with $4.5 billion to publishers across 2023-24. So why are ...

Spotify's market valuation is roughly $110 billion. Warner and Universal are worth roughly $70 billion combined. Bloomberg explains the streamer's runaway success compared to music labels.

Universal Music Group published its Q4 and FY 2024 results on Thursday (March 6), posting overall revenues in FY 2024 (across recorded music, publishing, and more) of EUR €11.83 ...

Concord Music is in talks with digital music platform Stem for a possible acquisition, The Hollywood Reporter has learned.

OpenPlay said on Tuesday it hired former Dubset Media executive Bob Barbiere to lead a new service offering called OpenPlay Reach.