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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, according ...
Ackman’s Pershing to Raise $1.4 Billion in UMG Stake Sale
(Bloomberg) -- A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set to raise about €1.3 billion ($1.4 billion) from the sale of ...
Global Recorded Music Revenue and Streaming Grew More Slowly in 2024
For the first time, streaming’s share of global recorded music revenue did not increase from the previous year, according to MIDiA Research.
The streaming wars are over. The rich won.
Streaming apps like Netflix, Spotify, and YouTube are adding more tiers, pushing people to upgrade, and increasingly focusing ...
The age of streaming inequality
Streaming apps like Netflix, Spotify, and YouTube are adding more tiers, pushing people to upgrade, and increasingly focusing ...
Half of Spotify’s Royalties Are Going to Indie Artists
Of the $10 billion Spotify doled out to music rights holders last year, it gave about $5 billion to indie labels and artists, the company said, a $500 million increase from 2023.