Tag: stock

Netflix chief Ted Sarandos cashes out $6m in Spotify stock
Sarandos cashed out 17,710 SPOT shares on Thursday, September 12 Source...

Another injection of optimism for music rights: Warner gets BBB long-term credit rating from Fitch
Warner Music Group has been assigned a first-time Long-Term 'Issuer Default Rating' (IDR) of 'BBB' Source...

From the RIAA’s H1 US recorded music market stats to UMG’s stock upgrade… it’s MBW’s Weekly Round-Up
The biggest stories from the past week – all in one place… Source...

This analyst has watched Universal Music Group closely for years (and hasn’t always been mega-positive). He just upgraded UMG’s stock for the second time in 12 months.
William Packer of BNP Paribas Exane has upgraded UMG's stock in the wake of downgrades by other analysts Source...

Kakao founder Kim Beom-su indicted on stock price manipulation charges
Numerous Kakao executives have now been indicted in relation to the telecom company's takeover of SM Entertainment last year Source...

Confirmed: Hipgnosis Songs Fund to delist from stock exchange this month, completing Blackstone takeover
Hipgnosis Songs Fund will officially delist from the London Stock Exchange Source...

Spotify co-founder cashes out $85.8m in stock after streamer posts record profit… as songwriters brace for $150m royalty cut this year
Spotify exec shareholders have wasted little time cashing out stock following the company's share price bounce Source...

Kakao’s billionaire founder arrested in stock manipulation probe related to SM stake buy
The arrest jeopardizes the future plans of Kakao, one of South Korea's most prominent tech giants Source...

Kakao’s billionaire founder faces arrest over alleged manipulation of SM Entertainment stock price
Prosecutors allege that illegal stock manipulation was involved in Kakao's successful battle to take control of SM Entertainment Source...

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