Billionaire investor launches $65-billion Universal Music takeover bid

2026-04-07 16:33 • ;Cerys Davies

Pershing Square's Bill Ackman is offering over $65 billion to purchase one of music's largest labels, Universal Music Group. The label represents major stars like Taylor Swift, Kendrick Lamar and Bad Bunny.

Read More Here: https://www.latimes.com/entertainment-arts/business/story/2026-04-07/universal-music-takeover-bid-bill-ackman