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 ...
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 ...
Stock in the record label behind Taylor Swift rose after revenue from subscriptions and streaming grew 5.6%.
Universal Music Group posted strong results from 2024 in earnings announced Thursday, with a 6.5% rise in revenue over 2023 and an 8.2% increase in recorded music subscription revenue (despite a 5 ...
March 13, 2025 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 ...
Universal Music Group NV, the record label for artists such as Taylor Swift and Billie Eilish, reported sales that topped analysts’ estimates in the fourth quarter, boosted by growth from ...
Universal Music Group is in talks with the landlord to take 300,000 square feet at the recently-redeveloped building, Bloomberg reported, citing sources with knowledge of the discussions.
Universal Music Group NV is in talks with Vornado Realty Trust to take office space at the landlord's newly upgraded Penn 2 tower in Manhattan, according to people with knowledge of the matter.
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