Pershing Square in talks to purchase 10% of Universal Music at $4 billion

Universal Music was planning to go public in Europe but would go public in the U.S. if the plan goes through.

News 12 Staff

Jun 4, 2021, 4:57 PM

Updated 1,055 days ago

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  • Pershing Square is in talks to buy 10% of Universal Music at $4 billion. Universal Music was planning to go public in Europe but would go public in the U.S. if the plan goes through.
  • United Airlines is getting set to bring back supersonic air travel. The airline is buying 15 supersonic jets from Boom technology. It will be able to fly from United’s hub in Newark to London in just three and a half hours and from San Francisco to Tokyo in just six hours. 
  • Paramount Plus is set to launch an ad-support platform plan next week that will cost $5 a month. The new plan will replace an older, $6 plan that was carried over from CBS All Access. 


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