Pershing Square, Bill Ackman and Universal Music Group

Ackman’s Pershing Raises $1.4 Billion in UMG Stake Sale
A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than €1.3 billion ($1.4 billion) from the sale of about a 2.7% 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.
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.
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
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 it has seen terms of a deal that show “Pershing Square Holdings Ltd.
Pershing Square's Ackman confirms sale of some of its UMG shares
Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG). "We decided to sell a portion of our UMG position today," he wrote on X. "UMG was our largest position going into the day at more than around 27% of our capital.
The Source2d
Grammys Remove ‘A-minor’ Clip Amid Drake’s Ongoing UMG Lawsuit
In a surprising move, the Recording Academy decided to pull a clip from the 2025 Grammy Awards ceremony that showed the ...
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 ...
Billboard7d
UMG Is ‘In Conversations’ With Multiple Streamers on Super-Premium Tiers. That’s Good News for Everybody
That was the message sent by Universal Music Group (UMG) chief digital officer Michael Nash during the company’s fourth quarter earnings call on Thursday (March 6), during which he noted that ...
Music Ally6d
UMG hails indie growth and Amazon deal (but Impala begs to differ)
Universal Music Group published its latest financial results yesterday, revealing that its revenues were up 7.2% year-on-year ...
Music Business Worldwide6d
From YouTube’s 125m subscribers to UMG’s $5bn recorded music subscription revenues… it’s MBW’s Weekly Round-Up
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our ...
Of Course, Kendrick Lamar’s Super Bowl Performance Came Up In Drake’s UMG Lawsuit
Drake’s legal team argued that any further delays to litigation will have a detrimental effect on his reputation.
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 ...