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Billionaire Bill Ackman's investment firm, Pershing Square, has made a $64.3 billion offer to acquire music giant Universal Music Group, with plans for a U.S. stock market listing.
Universal Music, the label behind superstars Taylor Swift and Bad Bunny, is expected to list in NY from Amsterdam.
Investor Bill Ackman has expressed his ambition to elevate Universal Music Group to a more prominent position in the market.
Universal Music Group has announced the repurchase of $500 million worth of its own shares, a move that typically aims to boost shareholder value.
Universal Music Group has strongly opposed Drake's appeal in a lawsuit concerning Kendrick Lamar's diss track "Not Like Us," stating that the rapper's legal arguments are not supported by law. UMG asserts that the lawsuit should not be revived by a federal appeals court.
New Zealand music star Lorde announced that she has ended her 17-year contract with the record label Universal Music Group, stating that she is entering a new phase of her career marked by greater creative...
Universal Music Group has released its financial results for the fourth quarter, providing an overview of the company's performance.
Also: SourceAudio and Symphonic, EVEN and Universal Music Group, broke records and Innovo Management, and more.
The European Union has approved Universal Music Group's acquisition of Downtown for $775 million.
The European Union has approved Universal Music Group's acquisition of Downtown for $775 million.
The European Union has approved Universal Music Group's acquisition of Downtown for $775 million.
The European Union has approved Universal Music Group's acquisition of Downtown's recorded music catalog for $775 million.
The EU has approved Universal Music Group's $775 million acquisition of Downtown.
Universal Music Group's Board of Directors has issued a statement affirming its 'complete confidence' in CEO Lucian Grainge, following a proposal from Pershing Square.
Bill Ackman's Pershing Square has made an offer to purchase Universal Music Group for approximately $60 billion, signaling a major potential acquisition in the music industry.
Universal Music Group has reached a settlement in its $500 million copyright lawsuit against Believe and TuneCore, which had alleged that TuneCore's DIY business model facilitated widespread piracy through fake songs.
Universal Music Group has announced the initiation of its inaugural €500 million share buyback program.
The Eartha Kitt estate has partnered with Primary Wave, while Universal Music Group is expanding its presence in India and Thailand, among other recent music business deals.
Lorde has revealed that she’s now an independent artist after her contract with Universal Music Group expired late last year.
UMG reported $10.9 billion in recorded revenues for the year, alongside $2.6 billion in music publishing revenue.
Virgin Music Group, a division of Universal Music Group, has finalized its $775 million acquisition of Downtown, with Pieter van Rijn named COO.
The EU has approved Universal Music Group's acquisition of Downtown for $775 million.
The European Union has given its clearance for Universal Music Group's acquisition of Downtown for $775 million, allowing the deal to proceed.
The European Union has approved Universal Music Group's $775 million acquisition of Downtown, clearing a major regulatory hurdle.
The European Union has approved Universal Music Group's $775 million acquisition of Downtown.
The European Union has approved Universal Music Group's $775 million acquisition of Downtown, allowing the major music company to expand its portfolio.
Bill Ackman held a call with shareholders to discuss Pershing Square's bid for Universal Music Group, outlining plans to increase UMG's share price to over 30 euros by 2030 and addressing Lucian Grainge's contract.
Pretnje Donalda Trampa da izvrši masovno bombardovanje civilne infrastrukture u Iranu stavljaju američke vojne oficire pred dilemu: da li da se ogluše o naredbe ili da pomognu u izvršenju ratnih…
Iconic hip-hop duo Salt-N-Pepa are appealing their copyright termination lawsuit against Universal Music Group, alleging that the music company is unfairly withholding the majority of their royalties.
Universal Music Group has strongly opposed Drake's appeal in a lawsuit concerning Kendrick Lamar's diss track 'Not Like Us,' calling Drake's attempt to revive his defamation lawsuit 'astoundingly hypocritical' and asserting that his legal arguments are not supported by law.
Universal Music Group (UMG) has presented its argument to a judge, asserting that Anthropic AI's training methods clearly do not constitute fair use, in a legal battle over AI training and copyright.
Lucian Grainge, chairman-CEO of Universal Music Group, doesn’t tend to shy away from new technologies, as he explained on Tuesday in a future-focused conversation with Nvidia entertainment exec…
EXCLUSIVE: Universal Music Group’s (UMG) TV and movie studio has laid off several staff.
The European Union has approved Universal Music Group's acquisition of Downtown for $775 million.
The European Union has approved Universal Music Group's acquisition of Downtown for $775 million.
The European Union has given its approval for Universal Music Group's acquisition of Downtown for $775 million.
The European Union has approved Universal Music Group's acquisition of Downtown for $775 million, allowing the deal to proceed.
The European Union has approved Universal Music Group's acquisition of Downtown for $775 million.
Children's music group The Wiggles have signed a new global deal with Universal Music Group, ending their long-standing relationship with ABC Music.