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 amid a market tumble.
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 ...
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 ...
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Spotify Paid 1,450 Artists Over $1 Million in 2024 — When Less Than 1% of ‘Uploaders’ Generated $5,000 or More, Loud & Clear Reveals
Spotify has released its Loud & Clear breakdown for 2024, when 1,450 artists are said to have generated (but not necessarily ...
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 ...
The age of streaming inequality
Streaming apps like Netflix, Spotify, and YouTube are adding more tiers, pushing people to upgrade, and increasingly focusing ...
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 ...
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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 ...