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 ...
Marianne Faithfull EP 'Burning Moonlight' to have posthumous release
The late singer-songwriter Marianne Faithfull is set to have a posthumous EP release April 12. The news arrived as Universal ...
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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Universal Music shares fall after Ackman sells €1.3bn block
Shares in music company Universal Music Group opened down 9% on Friday after hedge fund manager Bill Ackman’s Pershing Square ...
Universal Music Shares Fall After Ackman's Pershing Decides to Cut Stake
Shares in Universal Music Group fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company. Shares traded 6.9% lower to 25.97 ...
Karol G Hit With Copyright Lawsuit Over ‘Mañana Será Bonito’ Track: ‘Strikingly Similar’
Karol G was hit with a copyright lawsuit over "Mañana Será Bonito" song "Gatúbela," with two producers saying it stole key elements from their track.
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 ...
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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 ...
Tyler Perry eulogizes Angie Stone at funeral: ‘I’m angry at the way she was treated’
"All of those years, all of those songs, all of that money that was owed to her. Where is it?" said the film and television ...
European Stocks Trim Weekly Decline on Germany’s Fiscal Accord
European stocks extended gains after German Chancellor-in-waiting Friedrich Merz reached an agreement on an infrastructure ...
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 ...