Universal Music Group

“The music industry has enjoyed a number of good years as the rise of streaming services like Spotify has boosted revenue... But the growth has slowed more recently, and the industry faces challenges from a new generation of artificial intelligence tools that can easily replicate music.”

“The growth has slowed more recently, and the industry faces challenges from a new generation of artificial intelligence tools that can easily replicate music. — Bloomberg”

“Pershing Square Capital plans to sell its 4.4% stake in Universal Music Group, after the record label rejected a $63 billion takeover offer.”