TaylorSwift 161,269 Posted April 29 Share Posted April 29 Universal Music Group will sell half of its equity stake in Spotify and use the proceeds to help fund an expanded share buyback program totaling EUR âŹ1 billion (USD $1.17 billion), the company confirmed on Wednesday (April 29) alongside its Q1 2026 results. The decision comes 3 weeks after Bill Ackmanâs Pershing Square launched a $64 billion takeover bid for UMG that proposed liquidating the companyâs entire Spotify stake to help fund the deal. x  https://store.taylorswift.com Quote Link to post Share on other sites More sharing options...
Solange Knowles 91 Posted April 29 Share Posted April 29 Can you explain it in pop terms? âË â§ âââââ±ââ°ââââ ⧠âËLESBIANS UNITE!âË â§ âââââ±ââ°ââââ ⧠âË 2 1 Quote Link to post Share on other sites More sharing options...
TaylorSwift 161,269 Posted April 29 Author Share Posted April 29 7 minutes ago, Solange Knowles said: Can you explain it in pop terms? less stakes in Spotify = less autoplay for Billie Eyelash and Sabrina Carpenter https://store.taylorswift.com 2 1 Quote Link to post Share on other sites More sharing options...
River 126,342 Posted April 29 Share Posted April 29 @Economy explain please and why tf once again the billboard is shilling for taylor but most likely her impact is absolutely zero on that matter. So sploosh your juice all over me you Riverboy 1 Quote Link to post Share on other sites More sharing options...
River 126,342 Posted April 29 Share Posted April 29 Just now, Teletubby said: less stakes in Spotify = less autoplay for Billie Eyelash and Sabrina Carpenter so payola no more? So sploosh your juice all over me you Riverboy Quote Link to post Share on other sites More sharing options...
VanishIntoMe 3,951 Posted April 29 Share Posted April 29 2 minutes ago, Teletubby said: less stakes in Spotify = less autoplay for Billie Eyelash and Sabrina Carpenter Does this mean that DWAS will be the biggest song from 2024 finally? Quote Link to post Share on other sites More sharing options...
TaylorSwift 161,269 Posted April 29 Author Share Posted April 29 9 minutes ago, River said: so payola no more? tbh i think it's usually not labels but the artists/their teams who fund it https://store.taylorswift.com Quote Link to post Share on other sites More sharing options...
Anderson123 42,335 Posted April 29 Share Posted April 29 25 minutes ago, Teletubby said: less stakes in Spotify = less autoplay for Billie Eyelash and Sabrina Carpenter Not Billie, our streams are real.  2 Quote Link to post Share on other sites More sharing options...
elegidadedios 4,756 Posted April 29 Share Posted April 29 I didn't get a single thing... Yikes Quote Link to post Share on other sites More sharing options...
Solange Knowles 91 Posted April 29 Share Posted April 29 31 minutes ago, Teletubby said: less stakes in Spotify = less autoplay for Billie Eyelash and Sabrina Carpenter I'm just dumb. I didn't understand anything. âË â§ âââââ±ââ°ââââ ⧠âËLESBIANS UNITE!âË â§ âââââ±ââ°ââââ ⧠âË Quote Link to post Share on other sites More sharing options...
bxr 1,976 Posted April 29 Share Posted April 29 45 minutes ago, Solange Knowles said: Can you explain it in pop terms? Alas, not quite pop terms, but I guess from a simplified optics perspective, it reads like pivoting the narrative from the potential pro-corporate takeover of a preeminent music organization to an artist-inclusive acquisition ⊠Billionaire financier Bill Ackman and his investment firm, Pershing Square, offered to buy Universal Music Group Tuesday, the largest music company in the world that represents global stars like Taylor Swift, Drake and Adele.  Spoiler Factors holding down the stockâs valuation include uncertainty over major shareholder stakes, a delayed U.S. listing and perceived underutilization of the companyâs balance sheet and assets, and âthe lack of investor credit in UMGâs valuation for its âŹ2.7 billion stake in Spotify,â among other factors, according to the proposal. The offer, announced in a letter to UMGâs board of directors, would see the company merge with Pershing Squareâs acquisition vehicle and relocate its stock listing from Amsterdam to New York, a change Ackman, who publicly supported and endorsed President Donald Trump in the 2024 election, has previously advocated. Ackman, a hedge fund manager who had previously supported Democrats, became a vocal trump supporter during the 2024 election. He said he no longer felt the Democratic Party reflected his values and called trump the "most pro-business president weâve ever had." He added: âWe have all recently learned in the starkest manner (the debate) how we cannot rely on the MSM as our source of truth on the ultimate political question. [ Source ] ⊠but, thatâs just a general guess on the first browse blink; I have no idea the nuts, bolts, or nuance of whatâs being presented Quote Link to post Share on other sites More sharing options...
TaylorSwift 161,269 Posted April 29 Author Share Posted April 29 25 minutes ago, Anderson123 said: Not Billie, our streams are real. Â sure https://store.taylorswift.com 1 Quote Link to post Share on other sites More sharing options...
RAMROD 116,606 Posted April 30 Share Posted April 30 7 hours ago, River said:  and why tf once again the billboard is shilling for taylor but most likely her impact is absolutely zero on that matter. How Swift has anything to do with this windfall is a bit complicated, and goes all the way back to the major record labelsâ original licensing agreements with Spotify from the late 2000s, which got the companies stock in the then-fledgling streaming service. Credit where itâs due, as Music Business Worldwide reported back in 2016, with no legal requirement to do so, Warner Music Group and Sony Music Group had both committed to doling out some of the profits to the artists if they sold their Spotify stock. UMG confirmed itâd do the same nearly two years later, about a month before Spotifyâs IPO. Taylor gets more crucial here in the specifics. Sony sold first, selling off a portion of its Spotify stock after the IPO in April in 2018. Warner did the same a few months later, selling the companyâs entire Spotify stake. But the two music companiesâ methods of payment had a significant difference. When Sony paid out, it ignored whether or not an artist is recouped, meaning that Sony acts got paid regardless on if they owed the label money on their record deal. Warner, however, kept recoupments in consideration, so the label kept more of the profit.  https://www.hollywoodreporter.com/music/music-industry-news/taylor-swift-umg-spotify-stock-sale-clause-1236580300/ (ïŸâăźâ)ïŸâ§*:ïœ„ïŸ Ê°á”á”á”Êž đ á”Êłâ±á”á” á”á”âżá”Ê° (*ÂŽèžïœ*) âĄâĄâĄ Quote Link to post Share on other sites More sharing options...
River 126,342 Posted April 30 Share Posted April 30 5 hours ago, RAMROD said: How Swift has anything to do with this windfall is a bit complicated, and goes all the way back to the major record labelsâ original licensing agreements with Spotify from the late 2000s, which got the companies stock in the then-fledgling streaming service. Credit where itâs due, as Music Business Worldwide reported back in 2016, with no legal requirement to do so, Warner Music Group and Sony Music Group had both committed to doling out some of the profits to the artists if they sold their Spotify stock. UMG confirmed itâd do the same nearly two years later, about a month before Spotifyâs IPO. Taylor gets more crucial here in the specifics. Sony sold first, selling off a portion of its Spotify stock after the IPO in April in 2018. Warner did the same a few months later, selling the companyâs entire Spotify stake. But the two music companiesâ methods of payment had a significant difference. When Sony paid out, it ignored whether or not an artist is recouped, meaning that Sony acts got paid regardless on if they owed the label money on their record deal. Warner, however, kept recoupments in consideration, so the label kept more of the profit.  https://www.hollywoodreporter.com/music/music-industry-news/taylor-swift-umg-spotify-stock-sale-clause-1236580300/ it doesn't make any sense to make it all about her lol So sploosh your juice all over me you Riverboy Quote Link to post Share on other sites More sharing options...
monketsharona 89,964 Posted April 30 Share Posted April 30 9 hours ago, Teletubby said: less stakes in Spotify = less autoplay for Billie Eyelash and Sabrina Carpenter Gaga is also UMG artist though Quote Link to post Share on other sites More sharing options...
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