Loading...
Market
PIAS label with highest revenue growth under UMG by end of 2025?
2
Resolution / Starting Odds
ATO • 25%
Mute • 25%
Transgressive • 25%
Heavenly • 25%
Financial reports from Universal Music Group
Story
Universal Music Group Becomes Majority Shareholder in PIAS, Acquiring ATO, Mute, Transgressive, and Heavenly
Oct 15, 2024, 01:54 PM
Universal Music Group (UMG) has announced its acquisition of the indie label group PIAS, making it the majority shareholder. The founders of PIAS confirmed that they are selling their remaining shares to UMG. This acquisition includes several notable labels under the PIAS umbrella, such as ATO, Mute, Transgressive, and Heavenly. The deal marks a significant expansion of UMG's portfolio in the independent music sector, consolidating its position as a major player in the industry.
View original story
Similar markets
Sony Music • 25%
Warner Music Group • 25%
BMG • 25%
Other • 25%
Increased market share • 25%
Enhanced technology offerings • 25%
Expanded global reach • 25%
Improved financial services • 25%
Yes • 50%
No • 50%
Disney • 25%
Warner Bros. Discovery • 25%
Netflix • 25%
Paramount • 25%
None • 25%
One • 25%
Two • 25%
All Three • 25%
Sony Music • 25%
Warner Music Group • 25%
Universal Music Group • 25%
Other • 25%
Taylor Swift • 25%
Drake • 25%
Ariana Grande • 25%
Other • 25%
Suno • 33%
Udio • 33%
Uncharted Labs • 33%
None • 1%
Canal+ • 25%
Havas • 25%
Hachette • 25%
Other • 25%
Universal Music Group added as defendant • 25%
Stink Digital USA added as defendant • 25%
Both added as defendants • 25%
Neither added as defendants • 25%