Universal Music Group will move to U.S. exchange in 2025, …
5 days ago · Ackman and Pershing Square have unusual privileges at Universal Music Group that allow him to force the relisting, documents show. UMG was spun out of Vivendi in 2021. Ackman acquired a 10% stake ...
UMG says Pershing does not have right to require Amsterdam …
4 days ago · (Reuters) -Universal Music Group (UMG) said on Saturday that billionaire Bill Ackman's Pershing Square has no right to require the record label to become a U.S.-domiciled company or delist from ...
Universal Music Group and TikTok Announce New Licensing …
Universal Music Group and TikTok have reached a multi-dimensional deal that will return music by UMG's artists and songwriters to TikTok's billion-plus global community. The agreement also includes improved remuneration, promotion, e-commerce, and AI …
META AND UNIVERSAL MUSIC GROUP ANNOUNCE EXPANDED …
Aug 12, 2024 · Meta and Universal Music Group (UMG) announce a new agreement that will increase social music opportunities for UMG artists and songwriters across Meta's platforms, including Facebook, Instagram, Messenger, Horizon, Threads and WhatsApp. The agreement builds on the 2017 landmark deal that made UMG the first major music company to license its catalogs on Meta's platforms.
Bill Ackman Asks Universal Music Group to Move to U.S.
5 days ago · A UMG spokesperson said that he "does not have any right to require UMG to become a U.S. domiciled company or delist from Euronext Amsterdam," but that it "will endeavor in good faith to comply ...
META AND UNIVERSAL MUSIC GROUP ANNOUNCE EXPANDED …
Aug 12, 2024 · The new agreement expands monetization opportunities for UMG, and its artists and songwriters, even further with short form video, building on Meta and UMG's joint track record of innovation and...
Meta’s new music deal with UMG includes Threads and WhatsApp
Aug 12, 2024 · Meta and Universal Music Group (UMG) have renewed their partnership to include shortform videos on WhatsApp and Threads, in addition to Facebook, Instagram, Messenger, and Meta Horizon. The...
TikTok and Universal Music Group Settle Royalty Dispute - Variety
May 2, 2024 · Universal Music Group and TikTok have settled their dispute over royalty payments and AI policies, allowing UMG's music to return to the platform. The agreement also includes new monetization...
Universal Music Posts $3.2 Billion Revenue, Streaming Revenue …
Jul 24, 2024 · UMG, the world’s largest music company, posted $3.2 billion revenue, up 8.7% year-over-year, with music publishing up 10% and merchandising up 44.6%. Streaming revenue declined 4.2% while...
Universal Music CEO Lucian Grainge Talks AI, Artist-Centric ... - Variety
Jan 9, 2024 · Lucian Grainge reviews UMG's achievements and challenges in 2023 and looks ahead to 2024 in his annual memo to staff. He highlights the company's progress on AI, streaming royalty model, global...