The Pershing Effect? Universal Music Posts Mixed Q1 2026 Financials, Doubles Share-Buyback Program’s Size, and Confirms Spotify Stock Sale Plans
Entertainment – Music
Universal Music Group (UMG) has reported mixed financials for Q1 2026, including flat overall revenue and modest across-the-board streaming growth. Meanwhile, with a Pershing Square takeover attempt looming large, the major has confirmed plans to sell Spotify stock and supersize its share-buyback program. UMG unveiled its Q1 2026 results – providing a noticeably more detailed […] Continue reading this story from the source →
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