By Glenn Peoples Growth in recorded music, publishing and merchandise helped Universal Music Group (UMG) post strong revenue growth in both the fourth quarter and full year 2024, while cost ...
March 13, 2025 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 ...
Universal Music Group has acquired the singer-songwriter's entire catalog and master recordings, including 110 unreleased tracks, an unreleased album and archival long form videos, the company ...
Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s largest music company.
Universal Music Group is in talks with the landlord to take 300,000 square feet at the recently-redeveloped building, Bloomberg reported, citing sources with knowledge of the discussions.
Universal Music Group posted strong results from 2024 in earnings announced Thursday, with a 6.5% rise in revenue over 2023 and an 8.2% increase in recorded music subscription revenue (despite a 5 ...