This article has been imported from chorus.fm for discussion. All of the forum rules still apply. Billboard: In an announcement on Tuesday (Oct. 15), Kenny Gates said he and his [PIAS] co-founder Michel Lambot were selling their shares to UMG, which acquired a 49% stake in the company in 2022, to “allow us to offer a truly global distribution and services platform to the independent music community.” more Not all embedded content is displayed here. You can view the original to see embedded videos and other embedded content.