The placement comes as Taylor Swift’s record label plans a U.S. share sale agreed in order to fulfill an agreement with ...

It’s not hard to imagine why so many people want to channel Warren Buffett and his legendary firm Berkshire Hathaway ...

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

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

News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing ...

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

Musk added that it was “weird” CNN chose to broadcast the rally live given that it was “in the middle of nowhere in ...

Universal Music stock fell after hedge-fund billionaire Bill Ackman said Pershing Square is cutting its stake in the world’s largest record label. Shares in the label behind Taylor Swift (NL:UMG) were ...

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 ...

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

Shares in Universal Music Group fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company. Shares traded 6.9% lower to 25.97 ...