Media tycoon who bankrolled Taylor Swift, Rihanna sued for corruption and money laundering in Africa
The largest shareholder in Universal Media Group has been accused of years of corruption and human rights abuses in Africa.
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 ...
Aileen Cannon Faces Major Decision in Taylor Swift Lawsuit
Judge Aileen Cannon hasn't decided whether to dismiss a copyright infringement lawsuit against Taylor Swift's production ...
Taylor Swift Reigns Supreme As Billboard Crowns Her #1 Female Artist Of The 21st Century!
Taylor Swift has been named Billboard’s top female artist of the 21st century and is among the music industry’s most ...
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Ariana Grande teases screenings for new short film, garners Taylor Swift comparisons
Ariana Grande's upcoming short film, Brighter Days Ahead, will be showing in four major cities in the US and has shared the ...
Music Business Worldwide14d
Manning Doherty to exit board of Universal Music Group
Universal Music Group announced Monday (March 10) that non-executive director Manning Doherty will step down from the company’s board, effective March 21. Universal Music Group, which represents ...
Playboi Carti’s ‘Music’ Debuts at No. 1 With Biggest Streaming Numbers Since Taylor Swift’s ‘Tortured Poets’
Playboi Carti's 'Music' debuts No. 1 with the largest streaming debut since Taylor Swift's 'The Tortured Poets Department.' ...
Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'
News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing ...
Wall Street Journal17d
Universal Music’s Subscriptions, Streaming Revenue Beat Forecasts Despite Slowdown
Universal Music Group logged higher revenue in the ... The record label behind Taylor Swift posted revenue of 3.44 billion euros ($3.71 billion) for the three months to the end of December ...
Universal Music Posts Solid 2024 Results, Doubles Down on ‘Superfans’ and ‘Streaming 2.0’
Universal Music Group posted strong results from 2024 in earnings announced Thursday, with a 6.5% rise in revenue over 2023 and an 8.2% increase in recorded music subscription revenue (despite a 5.1% ...