Business
Universal Music Repurchases Stock from Bill Ackman
Universal Music is repurchasing $290.5 million in stock from billionaire investor Bill Ackman, who had previously rejected a takeover offer. The move comes after Pershing Square Capital Management withdrew its bid for the company.
Coverage timeline — 3 articles
Deadline
Sadie Sink (Stranger Things, The Whale) will star in and executive produce The Marriage Plot, a limited series for FX and Hulu adapted from Jeffrey Eugenides’ novel. The project hails from writer Will Arbery (Succession), who also executive produces with Hiro Murai (Atlanta, Widow’s Bay), who
2026-06-04 18:00 UTC
Variety
Fresh off of rejecting a takeover proposal from capital fund Pershing Square, Universal Music has announced it is repurchasing a sizable portion of its stock back from the company founded and operated by billionaire investor Bill Ackman. The world’s largest record company will repurchase over 14.2 m
2026-06-04 18:46 UTC
Rolling Stone
The video, a colorized rendition of their performance, will mark the first time it's been published officially online
2026-06-04 18:57 UTC