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

A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised ...

Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG).

Streaming apps like Netflix, Spotify, and YouTube are adding more tiers, pushing people to upgrade, and increasingly focusing ...

Charley Crockett opens up about a decade of keen songwriting, working with Shooter Jennings and why ‘Lonesome Drifter’ brings ...

UMG and music streaming services are discussing superfan plans. That's good news for the industry, including artists, DSPs ...

One final image that raised the eyebrow of Drake’s followers was a photo of OVO merch with the phrase “Free The Man Dem.” ...

A year after the fall of Hipgnosis, the music publishing industry is still closing massive catalog deals and expanding into ...

Shares in music company Universal Music Group opened down 9% on Friday after hedge fund manager Bill Ackman’s Pershing Square ...

Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our ...

Karol G was hit with a copyright lawsuit over "Mañana Será Bonito" song "Gatúbela," with two producers saying it stole key elements from their track.

Pershing Square reported that UMG was their largest holding at the start of the day, accounting for approximately 27% of ...