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 euros in early European trading, but have risen 5.1% in the year to date.
Iggy Azalea, Universal Music and Unpaid Royalties
Universal Music Group posted strong results from 2024 in earnings announced Thursday, with a 6.5% rise in revenue over 2023 ...
Universal Music Group's Q4 earnings exceeded expectations. Read here for an update on UMGNF stock's growth challenges, and ...
The rapper, who settled with iHeartMedia, suspects that the major label made secret payments and offered reduced licensing ...
The record label behind Taylor Swift posted revenue of €3.44 billion, beating analyst forecasts of €3.27 billion.
Universal Music Group has reported its financial results for 2024. Revenue of €11.83 billion represented a year-on-year ...
By Glenn Peoples Growth in recorded music, publishing and merchandise helped Universal Music Group (UMG) post strong revenue growth in both the fourth quarter and full year 2024, while cost ...
There is a mental health crisis in the music industry, many insiders agree. A Nashville nonprofit is teaming up with ...
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 ...
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