Tag: stock

UK-based Melody Rights launches new rights management and distro platform
Melody Rights says that its distribution network includes access to what it calls 'top-tier platforms in stock music, gaming, and social music categories' Source...

Universal Music Group set to list on US exchange; Pershing Square to sell $500m in UMG stock to make it happen
The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process. Source...

Daniel Ek has cashed out over half-a-billion dollars in Spotify stock to date, banking another $28m this week
Ek's latest transaction involved the sale of 60,000 shares Source...

Daniel’s Delightful December: Spotify CEO Ek cashed out nearly $100m in company stock in last month of 2024
Spotify CEO and co-founder cashed out over $370 million in shares over the course of 2024 Source...

Pershing Square distributes 47m shares of Universal Music to investors, delists from Amsterdam exchange
"We believe that UMG stock is substantially undervalued at its current share price..." Source...

After Spotify’s $100bn market cap milestone, Daniel Ek cashes out another $28m
Spotify's co-founder and CEO has sold $248.3 million-worth of company stock so far this year Source...

Daniel Ek cashes out another $37m in Spotify stock, bringing total value of shares sold this year to nearly $320m
Spotify's market capitalization is more than double that of the world's largest music company, Universal Source...

Spotify paid Warner Music Group $1.16bn in FY 2024. (That’s around the same amount the streamer’s execs have cashed out in stock this year.)
Warner's financial filings reveal Spotify's contribution to the company's revenues in the 12 months to end of September Source...

Key Spotify executives have cashed out more than $1 billion in stock this year… including $283 million for Daniel Ek.
Following a series of blockbuster earnings reports, Spotify's stock is trading near all-time highs Source...

Daniel Ek just cashed out $35.8 million in Spotify shares. But that’s nothing compared to his co-founder… who just cashed out $383.8 million.
Spotify’s share price is flying. Following the firm’s announcement of its Q3 2024 results on Tuesday (November 12), SPOT’s stock price jumped on the NYSE, closing at an all-time high of USD $477...

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