The American Federation of Musicians (AFM) of the United States and Canada has sued Warner Music Group (WMG) and Universal Music Group (UMG) in the US...
Bill Ackman's Pershing Square has decided to sell the 4.7% stake it owns in Universal Music Group, for a value of $1.64 billion, following failure to...
Universal Music Group (UMG) and short format social media platform TikTok have renewed their new multi-year licensing agreement, which includes access to access to UMG's recorded...
Euronext Amsterdam-listed music company Universal Music Group posted revenue of €2.90 billion in Q1 2026, flat year-over-year (or up 8.1% in constant currency), while adjusted EBITDA was...
Artificial intelligence company Anthropic has filed a motion for summary judgment and opposition to a motion filed previously by music publishers for partial summary judgment with...
Universal Music Group has confirmed that its Board of Directors has received "an unsolicited and non-binding proposal" from Pershing Square Capital Management, L.P. to acquire the...
Pershing Square, the investment arm of billionaire Bill Ackman, has made an offer to the Board of Directors of Euronext Amsterdam-listed Universal Music Group to acquire...
Universal Music Group (UMG) has settled its copyright infringement case against independent music company Believe and its affiliate TuneCore, a services and distrbution company for self-released...
Universal Music Group has implemented a share buyback programme to repurchase the Euronext Amsterdam-listed company's own shares for an aggregate amount of €500 million to answer...
Universal Music Group (UMG) has closed the $775 million acquisition of Downtown Music Holdings LLC, through its division Virgin Music Group (VMG). The completion of the...
