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Welcome to Music Business Worldwide’s round-up – where we make sure you caught the five biggest stories to hit our headlines. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs. If, like many of us, you took an opportunity to unplug this holiday […]
Bill Ackman’s Pershing Square Capital Management (PSCM) is closing out an investment fund that held a stake in Universal Music Group and is distributing 47 million shares of the music company to the fund’s co-investors. The news came the same day that Pershing Square Holdings, a closed-ended fund owned by PSCM, announced it had received […]