The move comes weeks after Bill Ackman and Pershing Square had submitted an offer to acquire UMG, including in that proposal ...

UMG will sell half of its equity stake in Spotify and use the proceeds to help fund an expanded share buyback program ...

A roundup of Universal Music Group, Spotify, HYBE and other music companies' earnings results for the quarter ending March 31 ...

April 29 - Universal Music ⁠Group ⁠on Wednesday said it ⁠would sell half its equity stake ​in Spotify and double its share ...

Years after making a major investment in the streaming service, Universal Music Group said this week that it would monetize ...

Universal Music Group NV said it will sell half of its stake in Spotify Technology SA and increase its share buyback program, ...

Shares in Amsterdam fell more than 7% and the stock has fallen about 30% over the past 12 months.

Universal Music Group says it will monetize half of its Spotify stake to help fund an increased share buyback program as it ...

Universal Music Group reported revenue was flat at 2.9 billion euros ($3.33 billion) for the first quarter as the success of K-pop supergroup BTS ‘s first new album in years was offset by foreign ...

Years ago, as part of her negotiation process to sign with UMG, Swift demanded that the company pay out artists — regardless ...

The music giant behind acts such as Taylor Swift and Sabrina Carpenter gets an offer from Bill Ackman's Pershing Square.

American hedge fund Pershing Square announced it's offered to buy Universal Music Group in a merger, saying it believed the world's biggest music label was undervalued by stock markets.