Universal Music Group (UMG), the top music label boasting international icons such as Taylor Swift, Drake, and Lady Gaga, has officially filed to go public in the US. This move follows its existing listing in the Netherlands, where it carries a remarkable valuation of nearly $50 billion (€50bn). UMG also represents other mega-stars including Billie Eilish and Harry Styles. An exciting time for investors, as both the S&P 500 and Nasdaq Composite indices reached all-time highs recently, UMG’s filing is currently confidential, meaning specific details about the offering—and its potential financial success—remain under wraps. Billionaire investor Bill Ackman has been advocating for this US listing, highlighting its potential to increase UMG's market value and improve share trading liquidity. UMG’s subsidiary labels, such as Motown and Capitol Music Group, have a rich history with legends like Marvin Gaye, Michael Jackson, and The Beatles. Ultimately, this move could greatly enhance UMG's influence in the ever-evolving music industry.
**Universal Music Group Sets Sights on US Stock Market Listing**

**Universal Music Group Sets Sights on US Stock Market Listing**
The world's largest music conglomerate wants to go public in the US!
Universal Music Group (UMG), home to stars like Taylor Swift and Drake, has filed to list its shares on the US stock market.