Bill Ackman’s Pershing Square to Raise $1.4 Billion From Sale of 2.7% of Universal Music Group
Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.
Music Catalog Market Shaking Off Shaky 2024 With Revitalized 2025. Here’s Why
A year after the fall of Hipgnosis, the music publishing industry is still closing massive catalog deals and expanding into ...
Pershing Square to Sell $1.5 Billion of Universal Music Group Shares
Pershing Square Holding will sell $1.5 billion worth of Universal Music Group shares on the Euronext Amsterdam exchange.
Universal Music Shares Fall After Ackman's Pershing Decides to Cut Stake
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 ...
Universal Music Group: Not There Yet, But Heading In The Right Direction
Universal Music Group's Q4 earnings exceeded expectations. Read here for an update on UMGNF stock's growth challenges, and ...
Ackman’s Pershing to Raise $1.4 Billion in Universal Stake Sale
A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set ...
Universal Music Group N.V. (UMGNF) Q4 2024 Earnings Call Transcript
Q4 2024 Results Conference Call March 6, 2025 12:15 PM ET. Company Participants. Sir Lucian Grainge - Chairman and Chief Executive Officer ...
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Manning Doherty to exit board of Universal Music Group
Universal Music Group announced Monday (March 10) that non-executive director Manning Doherty will step down from the company ...
Pershing Square files to sell 50M Universal Music shares
Pershing Square Holdings announces the launch of a sale of 50M ordinary shares in Universal Music Group (UMGNF), corresponding to approximately ...
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Universal spent $1bn+ on investments in 2024… and 5 other things we learned on UMG’s latest earnings call
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 ...
Drake Wants to See Universal Music Group’s Emails About Kendrick Lamar’s Diss Track
The rapper, who settled with iHeartMedia, suspects that the major label made secret payments and offered reduced licensing ...
Will the next wave of British music stars break through?
Slinky soul singer Olivia Dean and art-rock band The Last Dinner Party join the gathering convened by Universal Music Group boss Lucian Grainge of the label’s global chiefs, summoned to take a new ...