News Apr 7, 2026

Selling a $3B Spotify stake, Michael Ovitz as Chairman of the Board, and a $100B+ company: Welcome to Bill Ackman’s plan for Universal Music Group.

MBW founder Tim Ingham on telling details within Pershing Square's proposal for a new Universal Music Group Source

Originally published by Music Business Worldwide
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Selling a $3B Spotify stake, Michael Ovitz as Chairman of the Board, and a $100B+ company: Welcome to Bill Ackman’s plan for Universal Music Group.