Universal Music Group shares decreases approximately 9 % on selling Pershing shares

R.The music company has gained a reputation for being stagnant. In bad economic times, people still pay for music subscription services and want to go to concerts. Some opportunities for synchronization may dry out with advertisers, but in general, music is a delicious company that does not follow model economic courses.

However, the shares of musical works are not fortified against fluctuations in the market and the investor’s fears about the growing state of the economy increasingly. This week, only three companies out of 20 companies on the Billboard Global Music Index (BGMI) ended with gains, and the loss of five shares exceeds 10 %. Although a group of strong quarterly profits in recent weeks, President Donald Trump’s tariff has caused goods from Canada, Mexico, China and Europe to decrease markets, as music shares are probably falling alongside industrial and agricultural companies.

S&P entered 500 correction areas on Thursday (13 March) when it closed by 10 % of the highest level ever. Russell 2000, an indicator of small companies, decreased by 18.4 % of its peak. Most shares improved on Friday (14 March) with the rise in markets – despite a decrease in the University of Michigan Consumer confidence index But the first four days of the week were too much to overcome. The S&P 500 ended the week with a decrease of 2.3 % and the Nasdaq boat closed by 2.4 %.

The markets outside the United States were better than the American market. FTSE 100 decreased in the UK only 0.5 %. The KOSPI complex index in South Korea increased by 0.1 % and the SSE SSE index in China improved 1.4 %.

Although 17 of 20 companies in BGMI recorded losses this week, the index increased by 0.5 % to 2,460.71 due to Spotify by 8.1 %, and the dollar increased by about 1 % against compensation for the euro in the weekly decline of 17 other stocks. Spotify is the largest component of BGMI and has a marketing of a market of about $ 117 billion – more than twice twice the Music Group (UMG) group of $ 50.2 billion. The stock also received rare good news this week as Redburn Atlantic began to cover Spotify with a $ 545 price goal (which indicates an increase of 5.5 % of the closing price on Friday) and a neutral classification.

UMG shares fell by 8.8 % on Friday, a reaction to the Pershing Square advertisement on Thursday that it would sell 50 million shares of approximately $ 1.5 billion. CEO of Birching Square Bill Akman UMG is called “one of the best companies we have ever.” Jp Morgan Analyst Daniel Kirfar He admitted that the news was “negative in the short term for confidence” in UMG, but it witnessed the decision of Pershing Square to sell shares as a step to achieve profits and restore its wallet (UMG was 27 % of Pershing Square’s property) instead of commenting about the possible UMG or last operating performance. UMG shares ended the week, a decrease of 8.2 % to 25.46 euros (27.78 dollars), but it has been above 6.5 % so far.

Live Nation shares decreased by 6.5 % to $ 119.22, representing a weekly decrease in a row of the share. During the week, Deutsche Bank increased its direct price goal to $ 170 from $ 150 and kept the “purchase” classification. On Friday, one of the judge denied a request for Live Nation for a refusal to accuse that the promoter forced the artists illegally to use his promotion work if they wanted to perform in his programs.

Other live entertainment companies in the United States also decreased sharply. SPARE ENTERTAINMENMENT CO. 10.1 % to $ 31.55. MSG Entertainment fell by 1.3 % to $ 31.46, despite the promotion of Wolfe Research to “Outperform” from “Peer Perform” with the purpose of $ 46. Vivid seats, a secondary ticket ticket platform, decreased by 28.1 % to $ 2.86 after the company announced the profits of the fourth quarter.

Radio companies, which tend to suffer when the economic uncertainty that advertisers retract spending, had another week. Iheartmedia decreased 12.0 % to $ 1.61. Cumulus 11.5 % has decreased to $ 0.46. Siriusxm, which announced the demobilization of workers this week, decreased by 10.1 % to $ 22.67. A year so far, iHeartmedia decreased by 24.4 % and Media Cumulus decreased by 40.3 %. Siriusxm, on the other hand, gained 1.4 % in 2025.

The K-POP shares also decreased sharply, although the South Korea market has ended with a small gain. Hybe, SM Entertainment, JYP Entertainment and YG Entertainment had a 7.4 % average decrease for this week. Collectively, the four South Korean companies had started a strong start until 2025, and after this week, it achieved a average profit from year to 19.3 %.