UMGNF Stock Recent News
UMGNF LATEST HEADLINES
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, 2025 after the close of the Euronext market on April 29, 2025.
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 shareholders ("2025 AGM"), which is to be held on May 14, 2025, starting at 2:00 p.m.
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 Bloomberg. Pershing Square Holdings, along with two other Pershing Square entities, sold around 50 million shares at €26.60 each, according to deal terms seen by Bloomberg.
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 Directors with effect from March 21, 2025.
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 remains significant, highlighting Spotify's stronger position in the industry. New multi-year agreements with Spotify and other platforms offer potential for improved monetization and growth in 2025.
HILVERSUM, Netherlands , Feb. 6, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced today that it will release its financial results for the fourth quarter and full year ended December 31, 2024 after the close of the Euronext market on March 6, 2025.
Spotify Technology SPOT said the company's new partnership with Universal Music Group UMGNF UNVGY came earlier than expected, which could be a win for both companies.
Spotify and Universal Music Group have struck a new multi-year agreement for recorded music and music publishing “focused on growth, innovation and the advancement of artists' and songwriters' success.