Taylor Swift and Drake music giant files to list on US stock market

The music collection at Universal Music Group (UMG) – the largest music collection in the world and the owner of the scores of the records behind the Mega Taylor Swift stars, Drake and Lady Gaga – to sell its shares in the United States.

The company, which has already been included in the Netherlands, has the stock market evaluation there is about 50 billion euros (43.3 billion dollars, 58.5 billion dollars).

The collection of music from international stars also includes Billy Illish, Ariana Grande and Harry Styles.

The move comes at a time when the USS -S & P 500 and Nasdaq Composite indexes – at new standards on Monday with the continued recovery of stock markets after a brief stagnation due to the concerns caused by President Donald Trump’s policies.

UMG said in its statement that it had made a secret statement to the American Financial Market Manual, the Securities and Stock Exchange Committee (SEC).

He added that the possible public offering is still subject to review by the Supreme Education Council.

The company did not reveal the size of the planned United States or how much it could raise.

Secret deposits of companies allow to keep private information while dealing with the organizers and evaluating the investor’s appetite to sell shares before detailing publicly.

The hedge fund from Billionaire Bill Ackman’s Ender Square, one of the largest contributors to UMG, has previously pushed the company to include it in the United States.

In January, Mr. Ackman posted on X that the list in the United States will pay the UMG value.

“We also believe that the US list will improve trading liquidity significantly for stocks,” he said.

The Global Music Collection has main standard stickers, including Motown Records, which was home to Marvin Jay and Michael Jackson.

It also owns Capitol Music Group, which is the Beatles and Katie Perry among its artists.

In 2024, Part Above the attenuation.

The row has seen silent UMG music or removed from the social media platform to both companies Reach an agreement In May of that year.