The Business Times
business-time-50

Universal Music

Lifestyle

Billionaire Bill Ackman pitches 56 billion-euro Universal Music deal to boost shares

UMG shareholders who agree to the deal will get 9.4 billion euros in cash, plus 0.77 shares of the new company

Universal Music is the label for artists including Taylor Swift.
Companies & Markets

Universal Music Group files confidentially for US listing

The world’s largest music company will not receive any proceeds from the sale

Spotify has been expanding in recent years to include audiobooks, podcasts and other offerings besides its core music catalogue.
Companies & Markets

Universal Music, Spotify reach new multiyear distribution deal

UNIVERSAL Music Group and Spotify Technology reached a new multiyear distribution agreement that includes compensation for recorded songs and publishing rights.

The company is targeting revenue growth of more than 7 per cent at a compounded rate through 2028 driven by subscription revenue growth and increasing superfan monetisation.
Companies & Markets

Universal Music sales beat estimates on subscription growth

Revenue from recorded music rose to US$3.1 billion in Q3

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More