Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s largest music company.

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

The S&P 500 is on track for its worst week since September, the latter since November. Both are poised to fall for three ...

Record sales were at an all-time high in 2024, and Spotify paid out $10bn in royalties - but most of that money is going 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 ...

Cassie's legal team is pushing back against Sean 'Diddy' Combs' claim that the recently surfaced hotel surveillance ...

The organization's inaugural Women Sharing the Spotlight event on March 27 will also salute 50 other impactful women working ...

Pershing Square Holding will sell $1.5 billion worth of Universal Music Group shares on the Euronext Amsterdam exchange.

Selena Gomez is selling "really rare stuff" ahead of her first album with fiancé Benny Blanco, 'I Said I Love You First.' ...

DATUK Seri Siti Nurhaliza (pic) was initially sceptical when she learnt that her song Anta Permana was selected by King ...

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 is set to raise $1.4 billion from the sale of “about a 2.7% stake” in Universal Music Group. That’s according to Bloomberg, which reported this afternoon (March 13) that ...