Taylor Swift and Drake Music Giant Files to List on the US Stock Market

Universal Music Group’s (UMG) – which is the world’s largest music group and the winner of the recorders standing behind the mega -stars Taylor Swift, Drake and Lady Gaga – have applied for the sale of their shares in the US.

The company, which has already been listed in the Netherlands, has an estimate of the stock market nearly 50 billion euros ($ 43.3 billion; $ 58.5 billion).

The Music Power Plant of International Superstar also includes Billy Ayilish, Ariana Grand and Harry styls.

This step comes when the two major US stock indices – S&P 500 and NASDAQ Composite – closed on Monday on a fresh record because stock markets continue to bounce after a short fall for the problems caused by Donald Trump’s tariff.

In his statement, the UMG stated that he had filed a confidential statement to the US financial markets regulator, securities and exchanges (SEC).

The potential public proposal remains subject to SEC, he added.

The company did not find the size of our proposals or how much it can raise.

Confidential submission allows firms to store private information, engaged in regulators and evaluating the investor’s appetite before the sale of shares before publicly disclose the details.

Hedge Fund -Investor -Millder Bill Akman, which is one of the largest shareholders of the UMG, has previously pushed the company to the US list.

In January, Mr -n Akman posted on X that the list in the US will push the cost of UMG.

“We also believe that the US list will greatly improve the trade liquidity,” he said.

The global musical conglomerate has the main record labels, including Motown Records, where Marvin Gay and Michael Jackson lived.

It also owns Capitol Music Group, which counts “Beatles” and Katie Perry among his performers.

In 2024, UMG was involved in a dispute with a cicinal Above the fee.

The string saw that music umg is muted or removed from the social media platform while both firms reached the agreement In May of the same year.