News

Universal Music Group: Strong Results Show Healthy Underlying Growth
UMG’s shares declined sharply when the company reported its second quarter results. So, why are we bullish UMGNF? Click here ...
Music Business Worldwide4d
Why Universal Music Group will be allowed to buy Downtown.
European regulators forced Universal to sell Parlophone Label Group (PLG) in 2013 as a condition of UMG buying EMI Music. PLG's catalog, acquired by Warner, included hits from Coldplay (pictured), ...
Spotify Is Executing Brilliantly, But The Stock Isn't A Buy Anymore (Rating Downgrade)
Spotify's stock surged 85% on strong execution, but a reduced margin of safety prompts a downgrade. Click here to read an ...
EU Set to Probe Universal Music Group's $775 Million Bid for Downtown Music
The European Commission is set to investigate Universal Music Group's $775 million bid for Downtown Music Holdings over fears the deal could hinder competition for services for artists and independent ...
Universal Music Group price target lowered to EUR 41 from EUR 42 at JPMorgan
JPMorgan lowered the firm’s price target on Universal Music Group (UMGNF) to EUR 41 from EUR 42 and keeps an Overweight rating on the ...
Music Streamer Spotify Working On Fix For Service Outage In U.S. & Europe
Spotify has experienced a service outage that’s left users around the world unable to stream music. Outages detected on the ...
EU Set to Probe Universal's Planned Acquisition of Downtown Music, FT Reports
(Reuters) -The European Commission is set to investigate Universal Music Group's planned $775 million acquisition of ...
J.P. Morgan Keeps Their Buy Rating on Universal Music Group (UMGNF)
J.P. Morgan analyst Daniel Kerven maintained a Buy rating on Universal Music Group (UMGNF – Research Report) today and set a price target of ...