{"id":1002050,"date":"2026-04-09T09:37:01","date_gmt":"2026-04-09T04:07:01","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1002050"},"modified":"2026-04-09T11:14:54","modified_gmt":"2026-04-09T05:44:54","slug":"hedge-funds-to-hit-songs-trump-ally-bill-ackman-bids-64-billion-for-universal-music","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/09\/hedge-funds-to-hit-songs-trump-ally-bill-ackman-bids-64-billion-for-universal-music\/","title":{"rendered":"Hedge funds to hit songs: Trump ally Bill Ackman bids $64 billion for Universal Music"},"content":{"rendered":"<p>Billionaire hedge fund manager Bill Ackman has offered to buy Universal Music Group \u2014 home to musicians such as Taylor Swift, Sabrina Carpenter and Elton John \u2014 in a $64 billion deal. <\/p>\n<p>Universal Music is the world\u2019s largest record company and one of the big three record labels, alongside Sony Music Group and Warner Music. <\/p>\n<p>Ackman, a billionaire supporter of Donald Trump, said in a statement that while the company, led by the British-born Lucian Grainge, had done \u201can excellent job nurturing and continuing to build a world-class artist roster and generating strong business performance\u201d, there are several reasons for its underperforming stock price that are \u201cunrelated to the performance of its music business\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire hedge fund manager Bill Ackman has offered to buy Universal Music Group \u2014 home to musicians such as Taylor Swift, Sabrina Carpenter and Elton John \u2014 in a $64 billion deal. Universal Music is the world\u2019s largest record company and one of the big three record labels, alongside Sony Music Group and Warner Music. Ackman, a billionaire supporter of Donald Trump, said in a statement that while the company, led by the British-born Lucian Grainge, had done \u201can excellent job nurturing and continuing to build a world-class artist roster and generating strong business performance\u201d, there are several reasons for [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[82,4,22],"tags":[],"class_list":["post-1002050","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1002050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1002050"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1002050\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1002050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1002050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1002050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}