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

Bill Ackman’s Pershing Square has raked in roughly $1.5 billion in the sale of a 2.7% stake in Universal Music Group ahead of ...

Lucian Grainge and other UMG execs discussed with analysts where future revenue growth would come from as the music giant releases fourth quarter results.

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

By Kristin Robinson Senior Writer Universal Music Group (UMG) chairman/CEO Lucian Grainge released his annual New Year’s memo to staff on Monday (Feb. 3), about a month later than usual owing to ...

Slinky soul singer Olivia Dean and art-rock band The Last Dinner Party join the gathering convened by Universal Music Group boss Lucian Grainge of the label’s global chiefs, summoned to take a new ...

How do we best protect creative and imaginative invention, and harness the power of new technology without that technology ...

Universal Music Group published its Q4 and FY 2024 results on Thursday (March 6), posting overall revenues in FY 2024 (across recorded music, publishing, and more) of EUR €11.83 ...

On yesterday’s Universal Music earnings call CEO Lucian Grainge revealed plans to spend billions on global acquisitions, targeting emerging markets where “massive piracy” previously prevented ...

Grainge, the CEO of Universal Music Group, is going on offense when preparing the major label for an AI wave in music. The head of one of the world's biggest record labels and publishers doesn't ...

Universal Music Group posted strong results from 2024 in earnings announced Thursday, with a 6.5% rise in revenue over 2023 ...