Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.

By Kristin Robinson Senior Writer Universal Music Group (UMG) chairman/CEO Lucian Grainge released his annual New Year’s memo to staff on Monday (Feb. 3), about a month later than usual owing to ...

Grainge, the CEO of Universal Music Group, is going on offense when preparing ... tool ProRata.ai to lay the groundwork to pay content owners for AI-generated materials. The executive also isn ...

Universal Music Group CEO & chairman Sir Lucian Grainge has reaffirmed his commitment to human artistry amid the current debate about AI protections for music. Sir Lucian joined with other major ...

Lucian Grainge and other UMG execs discussed with analysts where future revenue growth would come from as the music giant releases fourth quarter results. By Etan Vlessing Canada Bureau Chief ...

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 ...

As UMG mega-studs like Lucian Graine and Michael Nash plot out the master strategy behind ‘Streaming 2.0,’ a bevy of questions are swirling. What will this bold and daring future of music streaming ...

Universal Music Group CEO Lucian Grainge sees future growth for his own major music label and others coming from new partnerships with top streaming platforms. Talking to Wall Street analysts ...

Universal Music Group CEO Lucian Grainge sees future growth for his own major music label and others coming from new partnerships with top streaming platforms. Talking to Wall Street analysts after ...