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

Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.

Pershing Square Holdings announces the launch of a sale of 50M ordinary shares in Universal Music Group (UMGNF), corresponding to approximately ...

Barclays analyst Julien Roch raised the firm’s price target on Universal Music Group (UMGNF) to EUR 28 from EUR 26 and keeps an Equal Weight ...

By Glenn Peoples Growth in recorded music, publishing and merchandise helped Universal Music Group (UMG) post strong revenue growth in both the fourth quarter and full year 2024, while cost ...

By Marc Schneider Industry News Editor Universal Music Group has adopted the International Standard Name Identifier (ISNI), a globally recognized identifier for public personas involved in content ...

Universal Music Group posted strong results from 2024 in earnings announced Thursday, with a 6.5% rise in revenue over 2023 and an 8.2% increase in recorded music subscription revenue (despite a 5 ...

Universal Music Group (UMG) has partnered with the Music Health Alliance to launch the Music Industry Mental Health Fund. The major-label group and music nonprofit say the initiative will provide ...

By Etan Vlessing Canada Bureau Chief Universal Music Group CEO Lucian Grainge sees future growth for his own major music label and others coming from new partnerships with top streaming platforms.

Chappell Roan's viral, vulnerable Grammys speech has seemingly inspired Universal Music Group to launch a mental health fund for music industry workers. After accepting the Grammy for best new ...