Universal Music Group

Billionaire investor Bill Ackman's SPAC Pershing Square Tontine Holdings (NYSE: PSTH) said on Monday it is no longer pursuing a deal to buy 10% of Universal Music Group, a unit of Vivendi SE (OTC: VIVHY). What Happened: Ackman-led special purpose acquisition company had last month...

Bill Ackman hosted an analyst day Wednesday for his Pershing Square Tontine Holdings (NYSE: PSTH) SPAC. Here is a look at some of the new and updated details from the company’s merger and remaining company. The event included more than 100 slides, over three hours of content and a Q&A...

Pershing Square Tontine Holdings (NYSE: PSTH), a blank-check firm owned by billionaire investor William Ackman said on Sunday it is buying 10% of Universal Music Group, a unit of Vivendi SE (OTC: VIVHY), for about $4 billion. What Happened: Universal Music Group, which is home to artists such as...

Bill Ackman's plan to acquire 10% of Universal Music Group could face a setback with Vivendi shareholders speaking out against the transaction.  What Happened: Bill Ackman’s Pershing Square Tontine Holdings Ltd (NYSE: PSTH) announced a plan to acquire 10% of Universal Music Group, a...

Garth Brook, the bestselling solo artist and one of the most well-known country music stars, is set to be honored at the 43rd Kennedy Center Honors on Sunday, June 6.  The event will air at 8 p.m. EST on CBS and will be available to stream on Paramount+, both units of ViacomCBS (NASDAQ:...

Pershing Square Tontine Holdings Ltd. (NYSE: PSTH) gapped down over 10% Friday morning after the Wall Street Journal reported the Bill Ackman-backed special purpose acquisition company is in talks to merge with Universal Music Group and take it public. Rumors had been circulating for months around...

The long wait is over to see what Bill Ackman will acquire with the Pershing Square Tontine Holdings (NYSE: PSTH) SPAC. Ackman confirmed the company it had been in discussions with Friday morning while also announcing another target could be on the way. The SPAC Deal: Pershing Square Tontine...

Universal Music Group has bought Bob Dylan's music catalog, which includes more than 600 songs from a nearly six-decade-long career. What Happened: Universal Music Group's music publishing arm acquired Bob Dylan's catalog of songs spanning his more than six-decade-long career, Universal...

Facebook Inc (NASDAQ: FB) has completed deals with three large music companies for the right to stream music videos on its social media platform, Bloomberg reported late Thursday. What Happened The Mark Zuckerberg-led company’s partnerships with Vivendi SA-owned (OTC: VIVEF) Universal...

Spotify Technology SA (NYSE: SPOT) has signed a new licensing deal with Vivendi SA’s (OTC: VIVHY) Universal Music Group, which will give it access to the music company’s catalog for streaming, the Wall Street Journal reported Wednesday. What Happened Universal also signed up...

Tencent Holding/ADR (OTC: TCEHY) is buying a stake in the world's largest music company, the company behind recording artists Ariana Grande and Billie Eilish, among others. The Chinese tech and entertainment conglomerate said it is buying a 10% stake in Universal Music Group from Vivendi SA (...

Twitter Inc (NYSE: TWTR) is betting it big on live streaming to be the next big thing in video sharing space with its recently acquired app, Periscope. However, it is expected to face some tough competition from a similar service, Meerkat. Michael Learmonth, editor of tech, media and culture at...

Popular music-video company Vevo penned a deal with Apple (NASDAQ: AAPL) and Samsung (OTC: SSNLF) that will bring it to Apple TV as early as next week and Samsung in the near future. While not on the same scale, the story feels a bit like the Zynga (NASDAQ: ZNGA)/Facebook (NASDAQ: FB) story....

Apple (NASDAQ: AAPL) is reportedly negotiating with Omnicom Group's (NYSE: OMC) OMD, among other advertising companies, to secure brand campaigns for its upcoming iRadio service. According to Bloomberg, Apple is making several changes to its iAd business in order to accommodate the launch of a...