UNIVERSAL MUSIC GROUP N.V. ANNOUNCES RESIGNATION OF BILL ACKMAN FROM ITS BOARD OF DIRECTORS - Universal Music Group (OTC:UNVGY)

Benson Boone, Taylor Swift, Universal Music Publishing Group Win Top Honors at 2025 BMI Pop Awards

Shortly after taking the stage at the 2025 BMI Pop Awards, where he was being honored with the BMI Champion Award, Benson Boone took a moment between performing hits like “Slow It Down” and “Beautiful Things” to thank his co-writer Jack LaFrantz for helping to bring his musical vision to life. “Any of these songs that you hear, you’d not be hearing without him,” said Boone, who also received two awards for the aforementioned hits. “The produce…

UNIVERSAL MUSIC GROUP N.V. ANNOUNCES RESIGNATION OF BILL ACKMAN FROM ITS BOARD OF DIRECTORS

HILVERSUM, Netherlands, May 14, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced that Non-Executive Director Bill Ackman has notified the company of his intention to resign from its Board of Directors effective today due to new executive and…

UNIVERSAL MUSIC GROUP N.V. ANNOUNCES RESIGNATION OF BILL ACKMAN FROM ITS BOARD OF DIRECTORS - Universal Music Group (OTC:UNVGY)

HILVERSUM, Netherlands, May 14, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced that Non-Executive Director Bill Ackman has notified the company of his intention to resign from its Board of Directors effective today due to new executive and board obligations arising from his recent investments. The Board is very grateful for Mr. Ackman's contributions to the Company. ...Full story available on Benzinga.com

Pershing Square boss steps down from Universal Music board

Bill Ackman is stepping down from the board of Universal Music Group (UMG), signalling a strategic shift at Pershing Square Holdings, which has reduced its once-dominant stake in the global music label behind artists including Taylor Swift and Lady Gaga, according to a report by the Wall Street Journal. Ackman’s resignation, announced just ahead of UMG’s annual general meeting, reflects what his firm described as “increasing demands on his time,…

Logon Opalesque Alternative Market Briefing

From WSJ: Hedge-fund billionaire Bill Ackman is resigning from Universal Music Group's board of directors, taking a step back from the record label behind Taylor Swift and Lady Gaga that he had pushed to list in the U.S. Pershing Square Holdings, Ackman's investment holding company, said the bill... Article link

Bill Ackman Exits Universal Music Group (UMG) Board

Pershing Square’s Bill Ackman, who’s exited the Universal Music board, testifying before Congress. Bill Ackman has officially stepped down from the Universal Music Group (UMG) board, citing “increasing demands on his time.” The Pershing Square Capital Management head confirmed that departure in a brief release, with UMG having put out a concise disclosure of its own. Per the former announcement, the aforementioned demands pertain to Ackman’s “ot…