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24.06.2021 - 00:21 / variety.com
Chris Willman Music WriterIn a nearly three-hour presentation Wednesday morning, Pershing Square Capital founder Bill Ackman made his love for the music business — and the reasons for setting his sights on Universal Music Group — clear, saying, “I can’t think of an asset I’m more confident in being consumed over time.
… You need food and water to live, but music comes next.”Given his choice between all those basic necessities, Ackman made his preference clear, adding that “you can’t license IP
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Antonio Ferme editorDisney Animation Studios has released the first trailer for “Encanto,” which releases this November.Marking Disney’s 60th animated feature, the Colombia-set film will follow family members who all possess magical powers, like super-strength, shape-shifting and the abilities to control animals and plants. However, Mirabel, voiced by “Brooklyn Nine-Nine” and “In the Heights” star Stephanie Beatriz, is the only person to not possess a special gift.
If anyone thought a now free Bill Cosby was going to lay low for a bit after having his rape conviction and sentence suddenly overturned last week, the much accused actor once known as “America’s Dad” choose America’s Independence Day to prove them wrong.
Green Day‘s Mike Dirnt has teased that new music could be on the horizon.The pop-punk trio – completed by Billie Joe Armstrong and Tré Cool – returned with the single ‘Pollyanna’ last month, which followed on from February’s ‘Here Comes The Shock’.
Jazz Tangcay Artisans EditorDemi Lovato, Cynthia Erivo, Busy Phillips and a number of others people are featured in a new video from GLAAD and Universal Music Group emphasizing the freedom for people to choose their own pronouns, “to spread awareness of the importance of using pronouns to create an environment of inclusivity and respect.”The full list of participating talent and executives include: Ab Gibson, Alyssa Rose, Andrew Gelwicks, Anthony Allen Ramos, Briana King, Busy Phillips, Cali y
Snapchat’s Sounds feature was introduced in October, which lets people make videos using music. So far it has amassed 521 million videos created, with 31 billion views overall.
Todd Spangler NY Digital EditorUniversal Music Group and Snap announced a multiyear global agreement that will let Snapchat’s users incorporate UMG’s catalog of recorded music and content into creative tools, including Sounds on Snapchat and augmented reality Lenses.Under the terms of the deal, UMG’s entire recorded music catalog is available on a global basis in Snapchat’s Sounds tool, including search and curated playlists.
Christopher Vourlias Monoduo Films, the leading distributor of feature-length music documentaries, has acquired world sales rights to “Faith and Branko,” an intimate story that chronicles the relationship between two musicians over the course of seven years.
UPDATED: Alamo Records, the label imprint run by industry veteran Todd Moscowitz, is leaving its joint venture partnership at Universal Music Group for Sony Music Entertainment.SME today announced that it has acquired a majority stake in Alamo, which is home to such acts as Rod Wave, Blackbear and Lil Mosey. Moscowitz, a former top executive at Warner Bros.
The deal comes as Vivendi is still moving forward on plans for an IPO of the music label by late September. 20% of the label, whose signed artists include Rihanna and Lady Gaga, has already been sold to Chinese conglomerate Tencent, and the label has also been valued at $40 billion.
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.
Elsa Keslassy International CorrespondentUniversal Music France and Mediawan’s Method Animation (“The Little Prince,” “Miraculous”) are joining forces on “Jam,” a animated music anthology which will showcase the greatest talents in both music and animation.Co-developed with Universal Music France’s original contents department, the 15-part series will be directed by Michael Gracey, the revered helmer of “The Greatest Showman,” and is being created by Method Animation’s roster of talent,
Stacey Solomon revealed that she was pregnant with their second child together. The 31-year-old Loose Women star told fans that she would be expecting her fourth child in a joyous Instagram announcement last night.
She’ll have to SUR-vive without them. Lala Kent misses her former Vanderpump Rules costars after the cast went through a major shakeup before season 9.
2021 CMT Music Awards. The fan-voted awards ceremony is hosted by Kelsea Ballerini and Kane Brown, and our favorite country musicians have dressed to the nines for the big night.The event will also feature performances from H.E.R., Chris Stapleton, Lady A, Mickey Guyton, Miranda Lambert, Ingrid Andress, Thomas Rhett and so many more.Ballerini looked like a real-life Barbie in a shiny hot pink LaQuan Smith bustier top and matching moto-style pants. Guyton was a vision in yellow.