See every side of every news story
Published loading...Updated

Universal Music Group Confidentially Submits Draft Registration Statement for a Proposed U.S. Public Offering

UNITED STATES, JUL 21 – Universal Music Group aims to boost share liquidity and meet shareholder demands with a US initial public offering, valued near $50 billion on the Dutch exchange, filings show.

  • On July 21, Universal Music Group confidentially filed an application with the SEC to list and sell shares in the United States.
  • The US listing plan followed pressure from major hedge fund Pershing Square led by Bill Ackman, who argued it would boost UMG's value and share liquidity.
  • UMG is primarily traded on the Dutch stock market, where its valuation stood at approximately €49.65 billion according to data from July 21.
  • The company did not disclose the size or price range of the offering, and the potential sale remains subject to SEC review.
  • This move reflects broader market optimism as US share indexes reached record highs following a rebound after tariff-related uncertainty.
Insights by Ground AI
Does this summary seem wrong?

65 Articles

Lean Left

The world's largest record label, Universal Music Group (UMG), is planning to go public in the United States. The company, which is behind stars such as Taylor Swift, Lady Gaga, Billie Eilish, Ariana Grande and Harry Styles, has already filed a registration statement with the US Securities and Exchange Commission.

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 52% of the sources are Center
52% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

PR Newswire broke the news in United States on Monday, July 21, 2025.
Sources are mostly out of (0)

You have read 1 out of your 5 free daily articles.

Join millions of well-informed readers who use Ground to compare coverage, check their news blindspots, and challenge their worldview.