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From UMG’s deal with Amazon to songs entering the public domain… here are the top stories you may have missed over the holidays
Welcome to Music Business Worldwide’s round-up – where we make sure you caught the five biggest stories to hit our headlines.
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Pershing Square distributes 47m shares of Universal Music to investors, delists from Amsterdam exchange
Bill Ackman’s Pershing Square Capital Management (PSCM) is closing out an investment fund that held a stake in Universal ...
Anthropic Confirms Claude Chatbot Won't Use Copyrighted Song Lyrics
Anthropic and the record labels that sued it over copyright concerns agree the Amazon-backed AI firm's products can't recite ...
Number One UK record label of 2024 revealed
EMI has been named the Number One record label of 2024. The Universal Music UK label topped the market share rankings with a 10.5 per cent share of combined consumption, according to data from the ...
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Pershing Square Completes 2.6% UMG Stock Distribution, Says the Major Label ‘Will Remain An Attractive Long-Term Investment’
Pershing Square has distributed about 47 million shares in Universal Music Group (UMG), leaving its own stake at ...