Billionaire investor Bill Ackman is reportedly seeking a U.S. listing for Universal Music Group in 2025, according to sources familiar with the matter. Ackman, who runs the hedge fund Pershing Square Capital Management, has been eyeing a potential initial public offering (IPO) for the music giant, which is currently owned by French media conglomerate Vivendi.
Universal Music Group is one of the largest music companies in the world, boasting an impressive roster of artists that includes the likes of Taylor Swift, Drake, and Billie Eilish. The company has seen strong growth in recent years, thanks in part to the rise of streaming services like Spotify and Apple Music.
Ackman’s interest in taking Universal Music Group public comes as no surprise, given his track record of successful investments in companies like Chipotle and Starbucks. The move would also align with his recent focus on high-growth companies in the tech and media sectors.
While details of the potential IPO are still scarce, it is expected to be one of the biggest listings of the year, with analysts estimating the company could be valued at upwards of $40 billion. This would make it one of the largest music companies to ever go public.
Vivendi, which currently owns 80% of Universal Music Group, has been looking to cash in on its prized asset for some time now. The company had previously explored a sale of the music unit, but ultimately decided to pursue an IPO instead.
If Ackman is successful in bringing Universal Music Group to the public markets, it could provide a major windfall for both Vivendi and Pershing Square Capital Management. It would also give investors the opportunity to own a piece of one of the most iconic music companies in the world.
As the music industry continues to evolve and adapt to the digital age, the timing could not be better for Universal Music Group to make its debut on the stock exchange. With a strong stable of artists and a growing presence in the streaming market, the company is well-positioned for success in the years to come.
Overall, Ackman’s plans to list Universal Music Group in the U.S. in 2025 are generating a lot of excitement in the investment community. If all goes according to plan, it could be a landmark event for both the music industry and the stock market as a whole.