"UMG's stock price has languished due to a combination of issues that are unrelated to the performance of its music business and importantly, all of them can be addressed with this transaction," says Ackman
Colleen Theis, President and COO of The Orchard, sits down with MBW to discuss the songs – but more importantly, the experiences – that have defined her life to date
First, Justin Kalifowitz saw that music publishing was changing. Then, he saw indie services were the future. Now, with Downtown sold in two parts – for a combined price of $1.2 billion – where does he see the world of entertainment heading next?
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