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 ...
inews.co.uk on MSN1d
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 ...
Music Business Worldwide3d
Universal spent $1bn+ on investments in 2024… and 5 other things we learned on UMG’s latest earnings call
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 ...
Music Week1d
MIDiA Research: Global music growth slows in 2024 with streaming's share of revenue actually dipping
Global recorded music revenues rose to $36.2 billion in 2024, marking a 6.5% increase year-on-year, according to MIDiA ...
Digital Music News on MSN3d
Megadeth Parts Ways With UMG — New Album Releasing With Frontiers Label Group Imprint BLKIIBLK Records
Three albums later, Megadeth and founder Dave Mustaine have departed Universal Music Group (UMG) – with plans to drop a new ...
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 ...
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, according ...
Music Business Worldwide1d
Global recorded music revenues rose 6.5% to $36.2bn in 2024, says MIDiA Research
Sony Music Group was the only recording major to increase its market share in 2024, MIDiA’s latest Recorded Music Market ...
Charley Crockett on Signing With Island, Celebrating a Decade of Genre-Fusing Music With ‘Lonesome Drifter’: ‘I Wanted to Maintain Ownership’
Charley Crockett opens up about a decade of keen songwriting, working with Shooter Jennings and why ‘Lonesome Drifter’ brings ...
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 ...
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 ...