UMG spends $290m buying back stock from Bill Ackman’s Pershing Square, amid fund’s exit from music company

-
UMG repurchased 14,156,285 of its ordinary shares at €17.66 each after its board recently rejected a takeover proposal from Ackman and Pershing Square.

Source



source https://www.musicbusinessworldwide.com/umg-spends-290m-buying-back-stock-from-bill-ackmans-pershing-square-amid-funds-exit-from-music-company/

Comments

Post a Comment

Popular posts from this blog

AwonMnyuzik Drops Brand-New Album JUKE BOX: A Journey Through Sound and Soul

-
Image
  South African musician, producer, and visionary artist AwonMnyuzik has officially released his highly anticipated album JUKE BOX — a project that captures the raw essence of his journey, emotions, and growth as an artist. This isn’t just another album; it’s a sonic diary , weaving together different sounds, moods, and experiences. Each track on JUKE BOX carries its own heartbeat, telling stories of resilience, passion, and the unshakable will to keep creating music that truly moves people. “This project is a reflection of my journey — blending raw sound, real emotions, and unforgettable vibes. Each track is a piece of my story, crafted to connect, inspire, and move you.” — AwonMnyuzik Why JUKE BOX Matters In an era where music is often fast-consumed and quickly forgotten, JUKE BOX stands out as a timeless body of work. AwonMnyuzik’s creative fusion of hip hop, African rhythms, and modern production makes the album both unique and universally relatable. The project is ...
Read more

AwonMnyuzik Drops “HATE” Part 1 & Part 2 — Two EPs, One Message: We Can Coexist Without Hate

-
Image
  Link:  Hate, Pt. 2 by AwonMnyuzik - DistroKid In a world where envy moves faster than truth and opinions travel louder than purpose, AwonMnyuzikhas just released a bold double-statement that refuses to whisper. Today marks the official drop of HATE Part 1 and HATE Part 2—two trap-driven EPs that confront jealousy, betrayal, idea theft, and unnecessary rivalry head-on. This isn’t music made for comfort. This is music made for reflection, accountability, and awakening. Why “HATE” — and Why Now? Hate has become normalized. In music. In business. In communities. Online. Offline. AwonMnyuzik doesn’t pretend it doesn’t exist—he exposes it. Both EPs are rooted in real-life experiences: being watched instead of supported, copied instead of collaborated with, criticized instead of understood. But instead of responding with violence or bitterness, HATE Part 1 & 2 flip the narrative . The message is clear: 👉 Everyone has their own destination. Why sabotage someone else’s journey w...
Read more

AwonMnyuzik's Biography

-
Image
AwonMnyuzik  is a South African musician, record producer, and founder of Mnyuzik Junkie Entertainment. He is known for blending hip hop, amapiano, kwaito, Afro-jazz, and rock in his productions. His music is distributed on major streaming platforms including Spotify and Apple Music. [ 1 ] [ 2 ] Early Life and Education AwonMnyuzik was born in Butterworth, Eastern Cape, South Africa. He grew up in a creative household, and after the early passing of his father, he was raised primarily by his mother. From a young age, he showed an interest in music and the arts. He pursued formal music education and earned a Diploma in Sound Engineering from City and Guilds Creative Arts South African Institute, equipping him with professional skills in music production, recording, and audio engineering. [ 3 ] Career AwonMnyuzik began producing and recording music in the early 2000s. He has released multiple singles and collaborated with South African musician Freddy Gwala in 2019. [ 4 ] His release...
Read more