Universal Music Group Shares Fall Nearly 9% on Pershing Square Stock Sale
Universal Music Group shares fell nearly 9% this week on Pershing Square's stock sale, while music stocks were down overall ...
Spotify Paid Over $4.5 Billion to Music Publishers Over the Last Two Years, So Why Are Songwriters Struggling?
Spotify announced earlier this year that it paid out a record $10 billion-plus to the music industry in 2024, bringing its ...
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 ...
Bill Ackman’s Pershing raises $1.4 billion in Universal Music Group stake sale
The placement comes as Taylor Swift’s record label plans a U.S. share sale agreed in order to fulfill an agreement with ...
Universal Music CEO Touts Streaming 2.0 Deals With Spotify, Amazon: “Where They Go, We Go With Them”
Lucian Grainge and other UMG execs discussed with analysts where future revenue growth would come from as the music giant releases fourth quarter results.
Spotify paid record $10 billion to artists last year
STORY: Spotify says it paid a record $10 billion in royalties to artists in 2024.The streaming giant said that was the ...
Finally, you will hear it properly – but it will cost you: Spotify launches high-quality music
Spotify is preparing to launch a lossless audio service after years of delays, but unlike Apple Music, the service will come ...
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Spotify's soaring valuation outpaces Music Giants Universal and Warner
MUMBAI: Spotify’s rapid growth is outshining major music labels like Universal and Warner Music, according to Bloomberg. With a market valuation of approximately $110 billion, Spotify is now worth ...
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Spotify Paid Over $4.5 Billion to Music Publishers Over the Last Two Years, So Why Are Songwriters Struggling?
And although Universal and Warner Music, two of the world’s largest music companies, were able to claw back some percentages in their recent licensing negotiations with Spotify, neither party ...