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 ...
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 ...
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.
The evolution of the streaming business to an artist-centric model that pays the most popular music at a higher rate per stream will benefit the record labels, like Universal, which represents the ...
Halfway through the 21-song album — which marks Drake's first full collaborative record with PartyNextDoor, the Toronto artist who's signed to his label OVO Sound ... and Lamar's shared music ...
Universal Music Group (UMG) appears to have acquired an independent music company in the Netherlands, called 8Ball Music.
Dutch-American music record label Universal Music Group impressed with its fourth-quarter results on Friday, with strong subscription revenues driving top-line growth above analysts' expectations.