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Hollywood's top music label is struggling to grow in the ultra-competitive streaming market. Shares of Netherlands-based Universal Music Group (), which represents A-list artists like Taylor Swift ...
Universal Music Group N.V. [3] ... Although the movie studio and the music business share a common ... Euronext Amsterdam announces an introduction price of €18 ...
Universal Music Group: $400–300 million Undisclosed price. It is a songwriting catalog agreement. [56] [57] 2022 Phil Collins Genesis: Concord Music Group: $300 million [57] 2021 Sting: Universal Music Publishing Group: $300 million [57] 2021 Paul Simon: Sony Music Publishing: $250 million [58] 2023 Katy Perry: Litmus Music $225 million [59 ...
In September 2021, Vivendi scored a major coup by listing Universal Music Group, the music powerhouse whose talent roster includes Taylor Swift and Drake, in Amsterdam, and saw UMG’s shares ...
PSCM acquired a 7.1% stake of Universal Music Group (UMG) from Vivendi in August 2021 for $2.8 billion. [46] Later that month, PSCM agreed to purchase an additional 2.9% of UMG from Vivendi for $1.149 billion. [47] Following the transaction, PSCM held 10% of UMG's share capital. [48] Ackman was nominated to a non-independent director of UMG in ...
UPDATED: Universal Music Group, the world’s largest music company, reported revenue of €2,870 million for the third quarter — an increase of 4.3% year-over-year, or 4.9% in constant currency ...
Driven by big releases from Morgan Wallen, Taylor Swift, Tomorrow X Together, Drake and others, Universal Music Group saw its revenues rise 11.5% year over year to $2.71 billion in the first ...
In 2006, it sold off most of the Universal components and its name reverted to Vivendi. As of 2021, Vivendi's chairman Yannick Bolloré is also CEO of Havas, which was spun off from Vivendi in 2000 but has since become a subsidiary. The company is known for its stake in Universal Music Group, which it partially spun off from 2021.