By Glenn Peoples Growth in recorded music, publishing and merchandise helped Universal Music Group (UMG) post strong revenue growth in both the fourth quarter and full year 2024, while cost ...

March 13, 2025 Pershing Square's Ackman confirms sale of some of its UMG shares Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group ...

A deal by Universal Music Group (UMG) for new digs at Vornado Realty Trust (VNO)’s Penn 2 office tower has been finalized after weeks of negotiations. UMG signed a lease for 336,000 square feet at the ...

Lawyers for Universal Music Group (UMG) formally responded to Drake’s federal lawsuit against the major label today (March 17) and asked the court to dismiss the defamation case. The court ...

At Universal Music Group, we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music ...

Spotify is the BGMI’s largest component with a market capitalization of approximately $117 billion — more than twice that of Universal Music Group’s (UMG’s) $50.2 billion. The stock also ...

Universal Music Group logged higher revenue in the fourth quarter after growth from subscriptions and streaming services beat analysts’ expectations despite signs of cooling. The record label ...

Universal Music Group has acquired the singer-songwriter's entire catalog and master recordings, including 110 unreleased tracks, an unreleased album and archival long form videos, the company ...

Universal Music Group will be mobilizing the Web sites of its artists to expand its direct-to-consumer offerings and bring a new level of service to mobile music fans. For a 360-degree experience, UMG ...

Anthropic, the artificial intelligence company backed by Amazon (AMZN), has scored an early victory in its tussle with music publishers ... lyrics owned by Universal Music Group (UMGNF) and ...

Universal Music Group posted strong results from 2024 in earnings announced Thursday, with a 6.5% rise in revenue over 2023 and an 8.2% increase in recorded music subscription revenue (despite a 5 ...