Independent Franchise Partners Takes $1.2BN+ Stake in UMG

The UK-based investor now owns 3% of the music company

London-based investor Independent Franchise Partners (IFP) has taken a 3.01% stake in Universal Music Group (UMG), as per Music Business Worldwide (MBW).

The details:

  • A filing published by the Dutch financial markets regulator, AFM, shows that IFP held 55,155,646 ordinary shares in UMG as of February 9.

  • MBW states this is the equivalent of 3.01% with a value of approximately USD $1.29 billion.

  • This makes it the sixth largest shareholder in UMG, as per Reuters.

Other investments:

  • IFP reportedly holds a 5.37% stake in Vivendi and a 5.86% stake in British property platform Rightmove.

  • It also holds a 9.1% stake in Warner Music Group’s Class A common stock, as per SEC filings.

  • It is yet to publicly divulge its intentions regarding UMG.

London-based investor Independent Franchise Partners (IFP) has taken a 3.01% stake in Universal Music Group (UMG), as per Music Business Worldwide (MBW).

The details:

  • A filing published by the Dutch financial markets regulator, AFM, shows that IFP held 55,155,646 ordinary shares in UMG as of February 9.

  • MBW states this is the equivalent of 3.01% with a value of approximately USD $1.29 billion.

  • This makes it the sixth largest shareholder in UMG, as per Reuters.

Other investments:

  • IFP reportedly holds a 5.37% stake in Vivendi and a 5.86% stake in British property platform Rightmove.

  • It also holds a 9.1% stake in Warner Music Group’s Class A common stock, as per SEC filings.

  • It is yet to publicly divulge its intentions regarding UMG.

London-based investor Independent Franchise Partners (IFP) has taken a 3.01% stake in Universal Music Group (UMG), as per Music Business Worldwide (MBW).

The details:

  • A filing published by the Dutch financial markets regulator, AFM, shows that IFP held 55,155,646 ordinary shares in UMG as of February 9.

  • MBW states this is the equivalent of 3.01% with a value of approximately USD $1.29 billion.

  • This makes it the sixth largest shareholder in UMG, as per Reuters.

Other investments:

  • IFP reportedly holds a 5.37% stake in Vivendi and a 5.86% stake in British property platform Rightmove.

  • It also holds a 9.1% stake in Warner Music Group’s Class A common stock, as per SEC filings.

  • It is yet to publicly divulge its intentions regarding UMG.

👋 Disclosures & Transparency Block
  • This story was written with information from Music Business Worldwide.

  • We covered it because it’s news of significant investment in the world’s biggest music company.

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