this has apparently been in the works for some years
Papi bout to eat🧊🦉
Papi bout to eat🧊🦉
Papi made the call
what does this change for us
· Price Hikes: Ackman supports raising subscription fees on streaming platforms (Spotify, Apple Music, Amazon Music) to boost UMG’s revenue.
· Artist Payouts: He plans to distribute up to €750 million ($866 million) from UMG’s Spotify stake sale directly to artists like Taylor Swift and Drake.
· Tougher Negotiations: After selling its Spotify stake, UMG may push for better licensing deals, risking temporary music blackouts.
· AI Protection: Ackman favors aggressive legal action against AI-generated music that mimics human artists to defend "human-centered" content.
· Catalog Consolidation: UMG will likely keep buying major song catalogs (e.g., Bob Dylan for $300M) to become a "king-maker" in digital music.
1 zionist to another
“Following the October 7, 2023 attacks, he became a major, often polarizing, voice against anti-Israel protests and diversity, equity, and inclusion (DEI) frameworks on U.S. college campuses.“
Billionaire Acktivist Man
· Price Hikes: Ackman supports raising subscription fees on streaming platforms (Spotify, Apple Music, Amazon Music) to boost UMG’s revenue.
· Artist Payouts: He plans to distribute up to €750 million ($866 million) from UMG’s Spotify stake sale directly to artists like Taylor Swift and Drake.
· Tougher Negotiations: After selling its Spotify stake, UMG may push for better licensing deals, risking temporary music blackouts.
· AI Protection: Ackman favors aggressive legal action against AI-generated music that mimics human artists to defend "human-centered" content.
· Catalog Consolidation: UMG will likely keep buying major song catalogs (e.g., Bob Dylan for $300M) to become a "king-maker" in digital music.
delete yourself for this AI post
· Price Hikes: Ackman supports raising subscription fees on streaming platforms (Spotify, Apple Music, Amazon Music) to boost UMG’s revenue.
· Artist Payouts: He plans to distribute up to €750 million ($866 million) from UMG’s Spotify stake sale directly to artists like Taylor Swift and Drake.
· Tougher Negotiations: After selling its Spotify stake, UMG may push for better licensing deals, risking temporary music blackouts.
· AI Protection: Ackman favors aggressive legal action against AI-generated music that mimics human artists to defend "human-centered" content.
· Catalog Consolidation: UMG will likely keep buying major song catalogs (e.g., Bob Dylan for $300M) to become a "king-maker" in digital music.
apple one users won
Bill Ackman’s Pershing Square Set to Make $600 Million on Universal Stake
"Bill Ackman is set to make hundreds of millions of dollars on his investment in Universal Music Group despite two unsuccessful attempts to clinch deals with the company.
Pershing Square expects to reap at least $600 million in profits, including dividends, on the nearly five-year investment, according to a person familiar with the matter.
Ackman is exiting days after Universal rejected a takeover bid he valued at $65 billion from a Pershing Square investment vehicle.
Universal’s board said the bid undervalued the company, which is home to such artists as Taylor Swift, Kendrick Lamar and Billie Eilish."