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Universal Music Group set to list on US exchange; Pershing Square to sell $500m in UMG stock to make it happen
The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process.
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Universal Music Group NV
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 ...
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Universal Music Group Bosses Finally Push Back on Spotify’s Bundling Shenanigans — Now There’s a Direct Deal with UMPG Without the Cute Bundling Discounts
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 ...
New Spotify and UMG deal could create pricier ‘superfan’ subscription
UMG chairman and CEO Sir Lucian Grainge called the agreement “precisely the kind of partnership development” the company ...
Spotify and Universal Unveil Far-Reaching Deal That Improves ‘Bundling’ Payment Structure
Spotify and Universal announced a new deal that sources say improves the payment structure for the streamer's controversial ...