The record label behind Taylor Swift said Ackman resigned from the board with immediate effect due to new executive and board obligations arising from his recent investments.

Universal Music appoints Matt Ellis as new CFO

12:34pm, Monday, 12'th May 2025
Universal Music Group , the world's biggest music label, said on Monday it has appointed Matt Ellis as its new chief financial officer.
Universal Music Group N.V. (OTCPK:UMGNF) Q1 2025 Earnings Conference Call April 29, 2025 12:15 PM ET Company Participants Sir Lucian Grainge - Chairman and Chief Executive Officer Boyd Muir - Chief Op
The record label behind Taylor Swift logged revenue of €2.9 billion for the three months to the end of March, up 9.5% on year.
Universal Music Group reported first-quarter sales above market expectations on Tuesday, helped by growth in recorded music and music publishing.
Q1 2025 Results Highlights1 Revenue of €2,901 million increased 11.8% year-over-year, or 9.5% in constant currency, driven by solid growth in Recorded Music and Music Publishing. Recorded Music subs
The European Commission said on Friday it would investigate Universal Music Group's planned $775 million acquisition of independent music services company Downtown Music, confirming earlier media repo
HILVERSUM, The Netherlands , March 31, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced today that it will release its financial results for the first quarter ended March 31,
HILVERSUM, Netherlands , March 27, 2025 /PRNewswire/ -- Universal Music Group N.V. ("UMG" or "the Company") today published its 2024 annual report and the agenda for its 2025 annual general meeting of
A group of shareholders linked to billionaire Bill Ackman's Pershing Square hedge fund has offloaded a 2.7% stake in Universal Music Group (EURONEXT:UMG), raising over €1.3 billion, according to Blo
Hedge funder Bill Ackman announced the sale of a portion of Pershing Square's PSHZF stake in Universal Music Group UNVGY UMGNF Thursday, continuing his recent financial moves betting on future investm
Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company.
Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG).
HILVERSUM, Netherlands , March 10, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced today that Non-Executive Director Manning Doherty will retire from the Board of Director
Universal Music Group's Q4 earnings surpassed expectations, but growth remains below company's targets, with volatile profitability. The gap between UMG and Spotify's growth narrowed in Q4, but remain
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