The sale on the Euronext Amsterdam exchange is separate from Pershing Square’s plan to force a listing on a U.S. exchange.
Universal Music Group and Warner Music Group shares gained following the former’s fourth-quarter earnings release on Thursday (March 6).
Super-premium offerings will allow platforms and labels “to segment and capture customer value at higher than ever levels,” UMG CEO Lucian Grange said Thursday (March 6).
An 8% improvement in recorded music subscription revenue offset weakness in ad-supported streaming.
The codes compliment other identifiers like ISRC for music recordings and ISBN for books.
Also, Live Nation shares gained 3.7% and reached an all-time high ahead of next week’s fourth-quarter earnings results.
The Canadian rapper’s new project, Some Sexy Songs 4 U with PARTYNEXTDOOR, comes amid a legal battle he’s waging against the Universal Music Group.
The fund will expand upon the two entities' four-year-old partnership that provides Music Health Alliance healthcare concierges to clients.
UMG announces major changes in Toronto, a day after similar moves in Nashville.
The Universal chairman/CEO touted strides in the company's "artist-centric strategy," recent agreements with Spotify and Amazon and its embrace of "responsible AI."
