Taylor Swift's music label Universal Music Group holds its first capital markets day on Tuesday, nearly two months after it posted lower-than-expected second...
- Taylor Swift 's music label Universal Music Group holds its first capital markets day on Tuesday, nearly two months after it posted lower-than-expected second quarter streaming and subscription revenue, knocking 24% off its share price.
UMG's shareholders include tycoon Vincent Bollore and Bill Ackman's Pershing Square. Vivendi, which has a 9.98% stake, had no comment on the event, which Citi analysts said will offer "an opportunity to reset the equity narrative".Since reaching a low of 21.29 pence in July, UMG's shares have risen by 10%. However, they are trading 17% below their level before the warning and are at their lowest since November.
Sheriff William Snyder, of Martin County, Fla., describes how his team stopped the suspect after an apparent assassination attempt against former U.S. President Donald Trump at a golf club.
Taylor Swift Music Label Vincent Bollore
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