Music and Video news

Latest breaking stories, features and analysis

Bill Ackman’s PSTH withdraws from a deal to buy a 10% stake in Universal Music
  • Bill Ackman will now buy a 10% stake in the music company via his main hedge fund.
  • Vivendi shareholders voted in favour of taking Universal Music public in September.
  • Ackman blames SEC's recent concerns for killing the deal on CNBC's "Squawk Box".
July 19, 2021

More breaking stories

February 3, 2021
November 27, 2020
November 23, 2020
November 13, 2020
October 31, 2020