Despite reports that SZA and Kanye West appear on Playboi Carti's blockbuster new album 'Music,' a rep confirms they do not.

(Bloomberg) -- A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set to raise about €1.3 billion ($1.4 billion) from the sale of ...

A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised ...

Record sales were at an all-time high in 2024, and Spotify paid out $10bn in royalties - but most of that money is going to ...

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

Streaming apps like Netflix, Spotify, and YouTube are adding more tiers, pushing people to upgrade, and increasingly focusing ...

Of the $10 billion Spotify doled out to music rights holders last year, it gave about $5 billion to indie labels and artists, the company said, a $500 million increase from 2023.

Spotify’s new Loud & Clear transparency report shows payments to the music industry of $10 billion in 2024, half of which ...

Spotify paid $10 billion to the music industry last year, with $4.5 billion to publishers across 2023-24. So why are ...

The streaming giant paid out around 60% of its revenue as royalties, as it recorded a $110bn market value. Read more.

Spotify's market valuation is roughly $110 billion. Warner and Universal are worth roughly $70 billion combined. Bloomberg explains the streamer's runaway success compared to music labels.