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UNIVERSAL MUSIC GROUP
Billionaire investor Bill Ackman is stepping down from the board of Universal Music Group N.V., the world’s largest music company, as he shifts focus to growing responsibilities at Pershing Square and a new leadership role at Howard Hughes Holdings.
Universal Music Group’s $775 million acquisition of Downtown Music Holdings LLC is set to face a formal investigation by the European Commission, which has raised concerns over the potential stifling of competition in services provided to artists signed to independent labels.
Universal Music Group, the leading music label backing Don Jazzy's Mavin Records, has seen its shares drop over 20% amid intense competition in the streaming market.
Tunji Balogun, a Nigerian-American has been named the CEO and Chairman of American Music Recording company, Def Jam....
Universal Music Group has announced an African expansion to include Nigeria and a few other countries in the continent.
@MAVINRECORDS boss, @DONJAZZY fair message to @TiwaSavage got her emotional.
Universal Music Group has announced that it will be launching a Nigerian division as part of its expansion efforts.