Shares in Universal Music Group fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company. Shares traded 6.9% lower to 25.97 ...

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 ...

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 ...

Spotify paid out more money into the music industry last year than any other retailer in history.View on euronews ...

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.

From shocking criminal cases to contract disputes, celebrities have been involved in some of the most talked-about lawsuits ...

Amazon Music says that "many" independent artists and labels will see their royalties increase under its new payouts scheme.

But despite this dominance, sertanejo has little export potential. Few artists care about going global, says Mr Morel. That ...

More from The Hollywood Reporter Musicians Join Forces to Launch L.A. Wildfire Relief Livestream and Auction Just Like Heaven Festival 2025: Where to Buy Concert Tickets Online Drake Wants to See ...

Texas-based iHeartMedia says it settled its legal dispute with Drake over Kendrick Lamar’s diss track “Not Like Us” after ...

People watch Tiempo Libre perform from a rooftop at Concerts on the Square in Madison, Wis., Wednesday, June 26, 2024. The free, annual concert series from the Wisconsin Chamber Orchestra is held on ...