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TikTok users will now be able to groove to Taylor Swift, Lana Del Rey, Rihanna and others with access to Universal's full library of songs

Chinese short-video making app TikTok has partnered Universal Music Group (UMG) where the users wil…

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Billionaire investor Bill Ackman's SPAC is close to buying 10% of Universal Music, report says

Ackman's Pershing Square Tontine Holdings (PSTH) is reportedly nearing agreement on a deal valuing …

Theron Mohamed   


Theron Mohamed   


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Bill Ackman's SPAC falls after confirming talks to acquire 10% of Universal Music in long-awaited deal

Pershing Square Tontine Holdings fell as much as 11.6% Friday after the SPAC confirmed it is in tal…

Emily Graffeo   


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Music on TikTok is disappearing amid battle with Universal Music Group. Can it make photos work?

After Universal Music Group pulled music from TikTok, and will likely remove more, the app seems to…

Peter Kafka   


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Bill Ackman's PSTH scraps Universal Music deal after SEC pushback -but the billionaire investor is still buying a stake

Ackman's SPAC is back to square one after regulators questioned the structure of the Universal Musi…

Theron Mohamed   


Beatrice Nolan   


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Chinese giant Tencent is in talks to buy a $3.4 billion stake in Ariana Grande's music label Universal Music Group

Vivendi, last July said that it was looking to sell up to half of Universal Music Group, but ruled …

Yusuf Khan   


Kate Duffy   


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Ariana Grande, Katy Perry, and Post Malone will lull fans to sleep with wellness app Calm's music program

Universal Music group and Calm teamed up to create a "Sleep Remix Series" to reimagine songs from a…

Moises Mendez II   


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Bill Ackman's long-awaited SPAC deal for 10% of Universal Music reportedly faces pushback

Pushback is coming from Artisan Partners, one of Universal Music Group's big shareholders, Bloomber…

Isabelle Lee   


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Theron Mohamed   


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Taylor Swift, Ed Sheeran, and BTS' music could soon be available for videos on Facebook

What this means is that if you use a Rihanna song in the background of your video, it won’t get …

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Billionaire investor Bill Ackman might land his $4 billion Universal Music deal thanks to his song-writing grandfather

The Pershing Square chief told Universal executives about his grandfather's hit song in 1926. They …

Theron Mohamed   


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A Tencent-led consortium buys 10% of Universal Music, valuing the world's biggest music firm at $34 billion

Vivendi has enjoyed steady gains from the music corporation. Streaming services have quickly become…

Ben Winck   


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The CEO of the world's biggest record company just got a new contract with stock options worth as much as $100 million

Lucian Grainge was given a new five-year contract with Universal Music Group that slashed his salar…

Ryan Hogg   


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Facebook's music deal could give a big boost to its video effort

With its Universal Music deal, Facebook will be protected from such demands - allowing videos with …

Zoë Bernard   


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This Company Raised $2 Million For A Universal Music Streaming Service

In the beginning, bop.fm just used the streaming services' open APIs to play music, but now it is p…

Rebecca Borison   


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YouTube's latest deals with Sony and Universal will reportedly pave the way for a new music streaming service in 2018

YouTube's agreements with the labels reportedly establish royalty rates for copyrighted music uploa…

John Lynch   


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REPORT: SoundCloud is close to a deal with Universal Music Group that could see it give away a big chunk of equity

Warner Music made a deal with SoundCloud last November, taking a 5% stake in the business. SoundClo…

Lucy England