Bill Ackman’s Pershing raises $1.4 billion in Universal Music Group stake sale
The placement comes as Taylor Swift’s record label plans a U.S. share sale agreed in order to fulfill an agreement with ...
Universal Music Shares Fall After Ackman’s Pershing Decides to Cut Stake
Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s largest music company.
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.
Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'
News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing ...
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Pershing Square to Sell $1.5 Billion of Universal Music Group Shares
By Glenn Peoples Hedge fund Pershing Square Holdings is parting with 50 million shares of one of its most prized assets, Universal Music Group (UMG). The sale of 50 million shares ...
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 ...
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 ...
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 ...
Universal Music Revenue Beats Estimates as Subscribers Increase
Universal Music Group NV, the record label for artists such as Taylor Swift and Billie Eilish, reported sales that topped ...
Universal Music’s Subscriptions, Streaming Revenue Beat Forecasts Despite Slowdown
The record label behind Taylor Swift posted revenue of €3.44 billion, beating analyst forecasts of €3.27 billion.
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Mental health crisis in the music industry inspires new initiative
There is a mental health crisis in the music industry, many insiders agree. A Nashville nonprofit is teaming up with ...