A group of Universal Music Group shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than $1.4 billion from the sale of a 2.7% stake in the world’s ...

Anthropic wins early round in music publishers' AI copyright case Artificial intelligence company Anthropic convinced a California federal judge on Tuesday to reject a preliminary bid to block it ...

Bill Ackman announced the sale of part of his stake in Universal Music Group. The sale could be a precursor to getting Universal Music listed on a major U.S. exchange. Pelosi’s latest AI pick ...

Bill Ackman's Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group, according to a report in Bloomberg. Ackman announced the sale on social media, but ...

Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s largest music company.

Universal Music Group shares fell nearly 9% this week on Pershing Square's stock sale, while music stocks were down overall ...

A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than €1.3 billion ($1.4 billion) from the sale of about a 2.7% stake ...

Shares in Universal Music Group UMG-0.08%decrease; red down pointing triangle fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s ...

By Glenn Peoples Hedge fund Pershing Square Holdings is parting with 50 million shares of one of its most prized assets, Universal Music Group ... Square CEO Bill Ackman wrote on X on Thursday ...