Universal has sold a chunk of Spotify stock for around $467M. Artists will likely be paid over $100M of it.

admin — Tue, 04 Aug 2026 20:39:09 +0000

Per MBW's calculations, UMG artists could be in line for approximately $131 million of the money.

UMG spends $290m buying back stock from Bill Ackman’s Pershing Square, amid fund’s exit from music company

admin — Thu, 04 Jun 2026 09:24:23 +0000

UMG repurchased 14,156,285 of its ordinary shares at €17.66 each after its board recently rejected a takeover proposal from Ackman and Pershing Square.

Source

Tag: stock

Universal has sold a chunk of Spotify stock for around $467M. Artists will likely be paid over $100M of it.

UMG spends $290m buying back stock from Bill Ackman’s Pershing Square, amid fund’s exit from music company