Universal Music Shares Fall

Universal Music Shares Fall After Ackman’s Pershing Decides to Cut Stake
Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s largest music company.
Bill Ackman’s Pershing Square to Raise $1.4 Billion From Sale of 2.7% of Universal Music Group
Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.
Pershing Square to Sell $1.5 Billion of Universal Music Group Shares
Pershing Square Holding will sell $1.5 billion worth of Universal Music Group shares on the Euronext Amsterdam exchange.
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 down 8.
Pershing Square files to sell 50M Universal Music shares
Pershing Square Holdings announces the launch of a sale of 50M ordinary shares in Universal Music Group (UMGNF), corresponding to approximately
Pershing Square's Ackman confirms sale of some of its UMG shares
Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG). "We decided to sell a portion of our UMG position today," he wrote on X. "UMG was our largest position going into the day at more than around 27% of our capital.
Ackman’s Pershing Raises $1.4 Billion in UMG Stake Sale
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 in the world’s largest music company.
Pershing Square Sells Roughly $1.5 Billion In UMG Shares Ahead of US Secondary Listing — But Ackman’s Still Very, Very Bullish
Bill Ackman’s Pershing Square has raked in roughly $1.5 billion in the sale of a 2.7% stake in Universal Music Group ahead of a US secondary listing. Ackman announced the sale on social media, while Bloomberg reported “an offering of about 50 million Universal Music shares at €26.
Universal Music Revenue Beats Estimates as Subscribers Rise
Universal Music Group NV, the record label for artists such as Taylor Swift and Billie Eilish, reported sales that topped ...
Gracie Abrams & Her All-Female Team Announced as She Is The Music Honorees
The organization's inaugural Women Sharing the Spotlight event on March 27 will also salute 50 other impactful women working ...
Universal Music in talks for 300k sf lease at Vornado’s Penn 2
Universal Music Group is in talks to lease 300,000 square feet at Vornado’s Penn 2 office tower in Manhattan. Vornado Realty ...
Universal Music Group: Not There Yet, But Heading In The Right Direction
Universal Music Group's Q4 earnings exceeded expectations. Read here for an update on UMGNF stock's growth challenges, and ...
Universal Music’s Subscriptions, Streaming Revenue Beat Forecasts Despite Slowdown
The record label behind Taylor Swift posted revenue of €3.44 billion, beating analyst forecasts of €3.27 billion.
Chila Burman Creates Bespoke Artwork For Universal Music
British Asian artist Chila Burman has been commissioned by Universal Music to create neon art installation for the Brit ...
Universal Music’s Bring agency announces new Australian co-leads
Universal Music Australia’s creative agency Bring has promoted Brooke Pilton and James Griffiths to general manager roles, to ...