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Universal to sell half of its Spotify stake, generating around $1.4bn

Business Day Online 30 Apr 2026
Universal Music Group (UMG) has announced a significant corporate action, confirming the sale of half its equity stake in the. read more Universal to sell half of its Spotify stake, generating around $1.4bn ....
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Presentation (UMG Slides 1Q26 FINAL) (Universal Music Group NV)

Public Technologies 29 Apr 2026
). ‌Universal Music Group. First Quarter Ended March 31, 2026. ‌Universal Music Group. Important Information. Presentation. The financial information included in this presentation is unaudited. Alternative Performance Indicators ... ‌Universal Music Group ... 2023.
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Press Release (UMG Q1 2026 Press Release FINAL) (Universal Music Group NV)

Public Technologies 29 Apr 2026
Closing of Downtown acquisition provides UMG with capabilities and infrastructure to deliver further growth in the fast-growing label and artist services sector ... UMG's share will initially be directed towards its buyback program ... UMG excl ... UMG Total.
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Universal Music Group to Sell Half of Its Spotify Stake, Increase Share Buybacks

The Wrap 29 Apr 2026
UMG’s share will initially be directed towards its buyback program.” ... UMG says it will initiate a €500 million buyback following completion of a separate €500 million repurchase program that’s already underway.
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Cindy Mabe, Ex-UMG Nashville Chief, Announces New Company, Joan of Arc Music, Led by Prominent ...

Variety 14 Apr 2026
Cindy Mabe, one of the most prominent execs in country music, has ...
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UMG stock price soars after Bill Ackman offers to buy the music giant behind Taylor ...

Fast Company 07 Apr 2026
UMG) rise more than 11% on Tuesday, following a proposal from billionaire Bill Ackman to buy the music giant through his investment firm Pershing Square Capital Management. Pershing Square currently owns a 10% stake in Amsterdam-listed UMG.
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Ackman’s $64B UMG bid targets valuation gap, US listing pivot

Invezz 07 Apr 2026
The deal, unveiled on Tuesday, values UMG at €30.4 per share, representing a 78% premium to its closing price on April 2 ... UMG reported revenue of €12.5 billion for 2025, marking an 8.7% increase at constant currency rates.
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