French media giant Vivendi has reached a deal to sell a 10% stake in Universal Music Group to hedge fund billionaire Bill Ackman’s Pershing Square in a deal that values the music company at more than $42 billion.
02.06.2021 - 16:09 / variety.com
Roy Trakin Veteran label exec, S-Curve Records founder and noted pop historian Steve Greenberg will re-launch the label, which recently celebrated its 20th anniversary, at Disney Music Group. Andy Grammer is the first artist under the new partnership and will release a new single, “Lease On Life,” on June 28.Said Greenberg: “We’re absolutely thrilled to launch this new chapter of the S-Curve.
French media giant Vivendi has reached a deal to sell a 10% stake in Universal Music Group to hedge fund billionaire Bill Ackman’s Pershing Square in a deal that values the music company at more than $42 billion.
Ellise Shafer administratorVivendi has reached a deal with Bill Ackman’s Pershing Square to sell a 10% stake in Universal Music Group, a transaction that values the world’s largest music company at $40 billion.Vivendi said Sunday that the agreement would be finalized no later than Sept. 15.
Playground Games’ Mike Brown, creative director of Forza Horizon 5, joined the Xbox Games Showcase Extended to talk about Forza Horizon 5’s Mexico.“We knew right from the start that we wanted it to be the largest horizon yet. It’s not far down the path from that that you realise you don’t want to go big if it’s going to be more of the same.”Brown starts the discussion by talking about how Mexico is the whole world in one country.
Mario Lopez and his wife, Courtney Mazza, even got married there in 2013.Lopez Fam Bam!#CasaAramara #PuntaMita #Mexico #FelizNavidad pic.twitter.com/HQBkGhishGTMZ, which shared photos of the inferno, said Joe wasn't in town when the blaze stated on June 15, but notes that the home had been rented. About 20 people and 20 staff members were on site when flames broke out. It's not yet known what started the fire, which reduced the main house to rubble.
The Jesus and Mary Chain are suing Warner Music Group for copyright infringement, with the band seeking $2.5million (£1,771,825) in damages.The lawsuit, filed in a California federal court, was brought by bandleaders Jim and William Reid.
Ellise Shafer administratorLeading digital art brand Ikonick is teaming up with Bravado, Universal Music Group’s global merchandising and brand management company, to produce, market and distribute canvas art and NFTs across their extensive roster of artists.NFTs, or non-fungible tokens, have become all the rage in the music industry in recent months.
Chris Willman Music WriterAfter he initially announced plans to release his debut album independently, singer-songwriter Sam Williams has signed with Universal Music Group Nashville, the company is announcing today. The 24-year-old son of country icon Hank Williams Jr.
Jon Burlingame With today’s release of Ludovico Einaudi’s “Cinema,” Universal Music Group confirms its status as one of the world’s most soundtrack-friendly music companies.Music by Einaudi, the Italian composer and pianist, was featured in recent Oscar winners “Nomadland” and”The Father.” “Cinema” collects 28 pieces featured in those films and such earlier projects as “The Water Diviner,” “The Intouchables” and the miniseries “Doctor Zhivago.”Each of the last seven Academy Award winners for
Bill Ackman is eyeing a 10% stake in Universal Music Group, to be purchased by his special-purpose acquisition company. Vivendi-owned UMG, the world’s biggest music company, is headed for an IPO later this year.The hedge fund billionaire announced nearly a year ago his interest in aligning with a corporation of such size for his SPAC known as Pershing Square Tontine Holdings.
Plymouth Live Tanya was "healthy and young-ish" - so he believes she would still be alive if she hadn't have had the Covid-19 AstraZeneca vaccine. However, a full investigation and inquest into her death has not yet taken place.
Jem Aswad Senior Music EditorWarner Chappell Music has entered into a co-publishing agreement with rising hip-hop artist 42 Dugg, who is signed to both Yo Gotti’s CMG label and Lil Baby’s 4PF imprint as part of a joint venture.The announcement comes on the heels of the release of the Detroit native’s new project, “Free Dem Boyz,” and last year, he was featured on Lil Baby’s double-platinum single, “We Paid,” which he also performed with Baby on the BET Awards.