News Apr 7, 2026

Bill Ackman wants to buy Universal Music and put “psychopath” Epstein associate Michael Ovitz in charge

Controversial hedge fund manager Bill Ackman wants to buy Universal Music. His plan: load UMG with debt, sell its Spotify stake, and put a man named in the Epstein files in as chair. Lucian Grainge could make tens of millions from the deal, but Universal’s superstar artists might have other ideas

Originally published by Complete Music Update
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Bill Ackman wants to buy Universal Music and put “psychopath” Epstein associate Michael Ovitz in charge