Bill Ackman, The Weeknd and the Hunt for Universal’s Missing Billions
Bill Ackman has offered to buy Universal Music Group. What he really wants is for the stock to go up.
The Universal Music Group headquarters in Santa Monica, California. Billionaire activist Bill Ackman has proposed a bid for Universal Music Group NV to increase returns on one of his hedge fund's biggest holdings.
Photographer: Ethan Swope/BloombergGood afternoon from Los Angeles and happy second weekend of Coachella to you all. I wrote a piece for Bloomberg about where to eat when Los Angeles is a little emptier.
It’s been a very newsy few weeks in the music business, from the Live Nation antitrust trial to the return of Justin Bieber and Ye. We broke down a few of these stories on The Town while Sam Sanders and I discussed whether Ye is forgiven on his podcast.