Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group, according ...
A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set to raise about €1.3 billion ($1.4 billion) from the sale of about a 2.7% ...
A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set ...
Pershing Square Holdings announces the launch of a sale of 50M ordinary shares in Universal Music Group (UMGNF), corresponding to approximately ...
Streaming apps like Netflix, Spotify, and YouTube are adding more tiers, pushing people to upgrade, and increasingly focusing ...
Of the $10 billion Spotify doled out to music rights holders last year, it gave about $5 billion to indie labels and artists, the company said, a $500 million increase from 2023.
The percentage of women in senior executive positions across the music industry has not improved and continue to be dominated ...
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 ...
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 ...
Amazon Music says that "many" independent artists and labels will see their royalties increase under its new payouts scheme.
Robert Kyncl gave one of his most energized interviews yet…even if the timing was a little odd. Kyncl took the stage at the ...
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 ...