Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.

By Kristin Robinson Senior Writer Universal Music Group (UMG) chairman/CEO Lucian Grainge released his annual New Year’s memo to staff on Monday (Feb. 3), about a month later than usual owing to ...

Grainge, the CEO of Universal Music Group, is going on offense when preparing ... tool ProRata.ai to lay the groundwork to pay content owners for AI-generated materials. The executive also isn ...

Universal Music Group published its latest financial results yesterday, revealing that its revenues were up 7.2% year-on-year ...

Lucian Grainge and other UMG execs discussed with analysts where future revenue growth would come from as the music giant releases fourth quarter results. By Etan Vlessing Canada Bureau Chief ...

How do we best protect creative and imaginative invention, and harness the power of new technology without that technology ...

As UMG mega-studs like Lucian Graine and Michael Nash plot out the master strategy behind ‘Streaming 2.0,’ a bevy of questions are swirling. What will this bold and daring future of music streaming ...

On yesterday’s Universal Music earnings call CEO Lucian Grainge revealed plans to spend billions on global acquisitions, targeting emerging markets where “massive piracy” previously prevented ...

Universal Music Group CEO Lucian Grainge sees future growth for his own major music label and others coming from new partnerships with top streaming platforms. Talking to Wall Street analysts ...

Universal Music Group CEO Lucian Grainge sees future growth for his own major music label and others coming from new partnerships with top streaming platforms. Talking to Wall Street analysts after ...