Universal Music Group
Musicians’ Union Sues Major Labels for Artists’ Share of AI Song Generator Settlement Money
The AFM sued UMG and WMG over their settlements with AI music generators Suno and Udio, saying musicains haven’t been compensated.
Universal Music Group Rejects Bill Ackman’s $64B Takeover Proposal: “It Fundamentally and Materially Undervalues UMG”
UMG has rejected Bill Ackman and Pershing Square’s $64 billion proposal to acquire the world’s largest music company.