Pershing Square Holdings later acquired ten percent of UMG prior to its IPO on the Euronext Amsterdam stock exchange. The French Bolloré family still owns 28 percent of UMG (18 percent directly, and ten percent through Vivendi, the Bolloré family's investment company).

Jun 21, 2021 · Universal Music Group has officially gone public on the Euronext Amsterdam with a valuation north of $50 billion. After the IPO, the ownership of Universal Music Group has dramatically...

Sir Lucian Grainge is Chairman and Chief Executive Officer of Universal Music Group (UMG), the world leader in music-based entertainment.

Sir Lucian Charles Grainge CBE (born 29 February 1960) is a British record executive who has served as chairman and chief executive officer (CEO) of Universal Music Group since 2010. [1][2][3] Beginning as an A&R staffer in the late 1970s, Grainge has worked in the music industry his entire career. [4] .

May 22, 2023 · French mogul Vincent Bolloré owns 18% of Universal Music Group; he also owns around a third of Vivendi, which itself owns a further 10% of UMG. Within those deep dives, we published some interesting charts surrounding equity holders in both businesses – as well as facts pertaining to the voting power of each organization.

Prior to March 31, 2020, Vivendi owned 100% of Universal Music Group (UMG), the world’s leading music company. Then, on March 31, 2020, a consortium led by Tencent acquired 10% of UMG’s share capital, followed by an additional 10% on January 29, 2021, crystallizing an enterprise value of €30 billion for UMG.

Mar 30, 2023 · Hilversum, Netherlands, March 30, 2023 – Universal Music Group N.V. (EURONEXT: UMG) announced today that its Board of Directors has extended the engagement of UMG Chairman and Chief Executive Officer Sir Lucian Grainge until May 1, 2028.

Together, we are UMG, the Universal Music Group. Universal Music Group is the world’s leading music company. We own and operate a broad array of businesses in more than 60 countries.

Sep 21, 2021 · The listing of Universal Music Group on Euronext Amsterdam follows the earlier announced intention by Vivendi to spin out 60% of UMG shares. Subsequent to the listing, UMG’s Vivendi now owns just 10% of UMG, while a Tencent-led Consortium owns 20%.

Ownership: Universal Music Group is a subsidiary of Vivendi Universal S.A., a publicly owned company traded on the New York Stock Exchange. Ticker Symbol: V Officers: Doug P. Morris, Chmn. and CEO; Zachary I. Horowitz, Pres. and COO; Nick Henny, EVP and CFO; Glen Sanatar, CFO, Universal Music Enterprises; Dan McGill, CFO North America