The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process.

Universal Music Group plans to launch a U.S. offering of some shares owned by Bill Ackman's Pershing Square, as the hedge-fund billionaire pushes for the record label behind Taylor Swift to list in ...

Drake’s much-publicized Universal Music Group (UMG) legal battle has officially reached a boiling point, as the artist has ...

Universal Music Group NV has agreed to plan a US share sale by Sept. 15, in order to fulfill an agreement with billionaire ...

Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about ...

to hold shares of Universal Music Group N.V. (“UMG”) in connection with Pershing Square’s initial purchase of shares from Vivendi in September 2021. The PSVII funds have elected to ...

Super Nintendo World, How to Train Your Dragon, an area just for classic movie monsters and more Harry Potter -- here's what you'll find at Universal's brand-new theme park. Corinne Reichert (she ...

Best Buy ceased carrying DVDs this year. Target followed suit ... Just as people no longer own music collections, opting to rent monthly from Spotify, they’ve done the same with movies in ...

(The group's previous records have followed a similar path.) But it speaks to the considerable power of K-pop music that so many albums in the genre have debuted at or near the top of the charts ...

Universal Music Group (UMGNF) and Amazon Music (AMZN) announced an expanded global relationship that will “enable further innovation, exclusive content with UMG artists, and advancement of ...