Universal Music Group

Factbox: Universal to list as music streaming picks up

Vivendi (VIV.PA), the French media conglomerate, is spinning off Universal Music Group, the largest part of its business and the label…

4 years ago

Tencent Music takes copyright rules in stride, earnings beat estimates

Tencent Music Entertainment Group (TME.N) said on Monday China's copyright rules were unlikely to have a big impact on its online subscriptions,…

4 years ago

Bill Ackman rejigs Universal deal after regulators probe SPAC plan

Billionaire investor Bill Ackman will buy up to 10% of Vivendi's (VIV.PA) Universal Music Group through his main hedge fund,…

4 years ago

Ackman sees path to possible U.S. listing for Universal, working on next deal

William Ackman, whose blank check acquisition company struck a deal to buy 10% of Universal Music Group (UMG) last week,…

4 years ago

Ackman’s SPAC signs deal to buy 10% of Vivendi’s Universal

Billionaire investor William Ackman’s Pershing Square Tontine Holdings (PSTH.N) signed a deal to buy 10% of Universal Music Group (UMG),…

4 years ago

Loeb’s U.S. hedge fund Third Point owns Vivendi stake -source

Billionaire hedge fund manager Daniel Loeb's Third Point owns a substantial stake in Vivendi SE (VIV.PA) and is "evaluating" the…

4 years ago

Artisan fund joins opposition to Universal Music spin-off

U.S. investment fund Artisan Partners on Thursday joined another minority shareholder in French media group Vivendi (VIV.PA) in opposing its…

4 years ago