UMGNF Stock Recent News

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 investments.

Universal Music Group N.V. (OTCPK:UMGNF) Q4 2024 Results Conference Call March 6, 2025 12:15 PM ET Company Participants Sir Lucian Grainge - Chairman and Chief Executive Officer Boyd Muir - Executive Vice President, Chief Financial Officer Michael Nash - Executive Vice President, Chief Digital Officer Conference Call Participants Michael Morris - Guggenheim Partners Omar Mejias - Wells Fargo Julien Roch - Barclays Lisa Yang - Goldman Sachs Operator Good evening, and welcome to Universal Music Group's Fourth Quarter and Full Year Earnings Call for the period ended December 31, 2024.

Universal Music Group (UMG) , the world's biggest music label, and Swedish streaming giant Spotify have reached a new multi-year agreement for recorded music and music publishing, they said on Sunday.

Universal Music Group (EURONEXT:UMG) has been sued for defamation by Canadian rapper Drake over lyrics in a hit song from US rival Kendrick Lamar, part of a back-and-forth feud played out last year. The lawsuit is seeking a trial and an undisclosed amount of money for damages.

Here is an emphasis on the importance of diversification in US-based investment portfolios to mitigate risks and enhance returns. The recommendation is to focus on sectors with strong growth potential, such as technology, defense, and media. These picks have solid financial performance and favorable market conditions as key factors for the positive outlook.

Universal Music Group N.V. (OTCPK:UMGNF) Q1 2024 Results Conference Call May 2, 2024 12:15 PM ET Company Participants Lucian Grainge - Chairman & Chief Executive Officer Boyd Muir - Executive Vice President, Chief Financial Officer & President of Operations Michael Nash - Executive Vice President & Chief Digital Officer Conference Call Participants William Packer - BNP Paribas Adrien de Saint Hilaire - Bank of America Merrill Lynch Thomas Singlehurst - Citigroup Omar Mejias - Wells Fargo Lisa Yang - Goldman Sachs Conor O'Shea - Kepler Cheuvreux Michael Morris - Guggenheim Partners Operator Good evening, and welcome to Universal Music Group's First Quarter Earnings Call for the period ended March 31, 2024.

Universal Music Group (UMG), Republic Records and Styngr partnered on a solution that helps music labels curate, distribute and monetize music across the Roblox platform. The new solution, Boombox, helps music labels launch playlists and integrate them into the gaming space, the companies said in a Monday (March 18) press release.

Universal Music Group warned Tuesday that it would pull its songs, which include those by Taylor Swift and The Weeknd, from TikTok after a breakdown in talks over issues such as the compensation of artists.

Price rises from the music streamers are providing a healthy tailwind for music companies such as Universal Music, Deutsche Bank suggests. All the major music streaming players have announced price increases on their individual subscription plans over the last  12-18  months, notes the German bank.

Universal Music has struck a deal with a rival of Spotify, and the pact could put artists back at the heart of the music-streaming industry.