Universal Music’s Subscriptions, Streaming Revenue Beat Forecasts Despite Slowdown
The record label behind Taylor Swift posted revenue of €3.44 billion, beating analyst forecasts of €3.27 billion.
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 ...
Travis Kelce's beau Taylor Swift faces lawsuit with copyright infringement over several songs across various albums
Kimberly Marasco has filed a new lawsuit against Taylor Swift for copyright infringement on several songs, involving Jack ...
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 Journal11d
Universal Music Shares Rise on Subscription Revenue Beat
Shares in Universal Music rose on Friday after the record label behind Taylor Swift posted subscription revenue growth that was ahead of consensus estimates. In morning trading in Europe ...
Music Business Worldwide8d
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 ...
Music Week12d
Universal Music Group revenue up 7.6% to €11.8 billion in 2024
Universal Music Group has reported its financial results for 2024. Revenue of €11.83 billion represented a year-on-year ...
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 ...