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.
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.
Music Business Worldwide6d
Universal spent $1bn+ on investments in 2024… and 5 other things we learned on UMG’s latest earnings call
In his opening remarks on UMG’s earnings call on Thursday, Chairman and CEO Sir Lucian Grainge noted that UMG has “posted ...
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 ...
Music Business Worldwide4d
Bill Ackman’s Pershing Square to raise $1.4bn from sale of 2.7% stake in UMG (report)
Bill Ackman’s Pershing Square is set to raise $1.4 billion from the sale of “about a 2.7% stake” in Universal Music Group. That’s according to Bloomberg, which reported this afternoon (March 13) that ...
inews.co.uk on MSN3d
Greed, gaslighting and NDAs: How record labels get rich while artists suffer
Record sales were at an all-time high in 2024, and Spotify paid out $10bn in royalties - but most of that money is going to ...
Digital Music News on MSN3d
Pershing Square Sells Roughly $1.5 Billion In UMG Shares Ahead of US Secondary Listing — But Ackman’s Still Very, Very Bullish
Bill Ackman’s Pershing Square has raked in roughly $1.5 billion in the sale of a 2.7% stake in Universal Music Group ahead of ...
The Moultrie Observer5d
The Bob Dylan catalog, a 60-year rock ‘n’ roll odyssey, is sold
his songs are timeless — whether they were written more than half a century ago or yesterday,” said Sir Lucian Grainge, CEO of Universal Music Group, in a prepared statement. Dylan’s songs ...