Shares in Universal Music Group fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company. Shares traded 6.9% lower to 25.97 ...

Record sales were at an all-time high in 2024, and Spotify paid out $10bn in royalties - but most of that money is going to ...

Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.

The percentage of women in senior executive positions across the music industry has not sufficiently improved, according to a ...

Several trade publications are reporting that Concord is in talks with Stem for an acquisition—though those reports are ...

Negotiations are ongoing for what may turn out to be a partial sale.

Spotify's market valuation is roughly $110 billion. Warner and Universal are worth roughly $70 billion combined. Bloomberg explains the streamer's runaway success compared to music labels.

The evolution of the streaming business to an artist-centric model that pays the most popular music at a higher rate per stream will benefit the record labels, like Universal, which represents the ...

Robert Kyncl gave one of his most energized interviews yet…even if the timing was a little odd. Kyncl took the stage at the ...