Despite not disclosing specific details about the size or potential revenue of the offering, UMG's move comes on the heels of advocacy from notable investor Bill Ackman, whose hedge fund Pershing Square is a significant shareholder in the music giant. Ackman has previously suggested that a U.S. listing could enhance UMG's market value and trading liquidity.

The company boasts an impressive roster of artists, including Billie Eilish, Ariana Grande, and Harry Styles, and it owns esteemed labels such as Motown and Capitol Music Group—home to legends like Marvin Gaye and The Beatles. In recent history, UMG was embroiled in a dispute with TikTok over music royalties, which was resolved in May 2024. As UMG prepares for its potential public offering, all eyes will be on its next steps in an ever-evolving music landscape.