Spotify and Universal Music Group have struck a new multi-year agreement focused on driving subscriber growth and advancing ...
Spotify has been ramming nearly every subscriber into a cut-rate bundled package — and boasting about the huge royalty savings while fighting publishers tooth-and-nail. Now, there’s serious pushback ...
The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process.
Universal Music Group said on Wednesday that billionaire Bill Ackman-led Pershing Square has exercised its right to request an offering and secondary listing of the record label in the United States.
Jefferies analyst James Heaney CFA maintained a Buy rating on Universal Music Group (UMGNF – Research Report) today. The company’s shares ...