Vivendi Sells 10% Stake in Universal Music Group to Bill Ackman’s Pershing Square

Ethan Shanfeld Foo Fighters and Madison Square Garden Entertainment Corp.

Kirby Howell-Baptise and Kristen Bell's new comedy flick, , follows two suburban residents who turn an innocent hobby into a multimillion-dollar counterfeit coupon caper. After Connie (Bell), a bored and frustrated homemaker, fires off a letter to the conglomerate behind a box of cereal gone stale and receives an apology along with dozens of freebies, she ropes her vlogger best friend, JoJo (Howell-Baptiste), into a coupon club scheme.

Just when you thought these two were done forever, they come roarin’ back into each  other’s lives — and back in the headlines, too!

Round two! Clare Crawley and Dale Moss, who fell in love during the first two weeks of filming The Bachelorette in fall 2020, are engaged again, a source exclusively confirms to Us Weekly.

Video: Phylicia Rashad apologizes for tweet about Bill Cosby (TODAY)Flames bubble up in Gulf of Mexico after pipeline rupturesPhylicia Rashad apologizes for tweet about Bill CosbyBiden administration calls for overhaul of military assault casesUS continues quiet withdrawal from AfghanistanDespite delta variant, Americans resume travel for Fourth of July holidayHurricane Elsa threatens Surfside condo search and rescue effortsHurricane Elsa pounding the Caribbean, may hit Florida nextNurse Heroes

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.

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.

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.

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,

Pirelli’s findings from their full investigation into the tyre blow-outs in Baku has left the world of Formula 1 with more questions than answers. Lance Stroll and Max Verstappen both suffered sudden tyre blow-outs at different stages of the Azerbaijan Grand Prix and subsequently crashed at very high speeds.

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.

Anthony Mackie, during a recent Zoom video call at Marvel Studios and Disney's Drive-In FYC event in Rose Bowl, Los Angeles, spoke candidly about his beloved MCU (Marvel Cinematic Universe) character Sam Wilson aka Falcon's memorable monologue as the new Captain America in The Falcon and the Winter Soldier finale, i.e Ep 6, which also stars Sebastian Stan as Bucky Barnes aka Winter Soldier.While discussing the evolution of his fan-favourite character, the 42-year-old actor revealed one

Anthony Mackie is revealing a moment that did not make the final cut.

Scott Huver “We’re at a drive-in!” Anthony Mackie exclaimed more than once during Marvel Studios and Disney’s Drive-In FYC event at the Rose Bowl Saturday night.