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 ...
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‘All of That Money … Where Is It?’: Tyler Perry Calls Out Angie Stone’s Fair-Weather Industry Friends for Skipping Her Funeral, Blasts Record Label for Her Financial ...
Singer Angie Stone was memorialized on Friday, March 14, at Word of Faith Cathedral in Austell, Georgia, where family, ...
Universal Music Stock Drops After Bill Ackman's Hedge Fund Cuts Stake
Universal Music stock fell after hedge-fund billionaire Bill Ackman said Pershing Square is cutting its stake in the world’s largest record label. Shares in the label behind Taylor Swift (NL:UMG) were ...
inews.co.uk1d
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 ...
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 ...
Spotify Paid Over $4.5 Billion to Music Publishers Over the Last Two Years, So Why Are Songwriters Struggling?
Spotify paid $10 billion to the music industry last year, with $4.5 billion to publishers across 2023-24. So why are songwriters still struggling?
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 ...
With the Top Artists, Global Scale, and Healthy Balance Sheet, Universal Music Is an Industry Titan
The evolution of the streaming business to an artist-centric model that pays the most popular music at a higher rate per stream will benefit the record labels, like Universal, which represents the ...
Music Week7d
UMG's acquisition of Dutch label 8Ball Music raises concerns for independent sector
Universal Music Group has acquired Netherlands-based independent record company 8Ball Music. Established in 2006, the ...
Music Business Worldwide7d
Universal acquires Netherlands-based indie music company 8Ball
Universal Music Group (UMG) appears to have acquired an independent music company in the Netherlands, called 8Ball Music.
Complete Music Update8d
Indie label groups slam Universal as Amazon deal and yet another acquisition raise more red flags
Indie label trade groups have again aired their concerns about Universal Music’s market dominance in the wake of yet another acquisition by the major. They add that Universal uses that dominance to fo ...