Drake Drops Triple Album, UMG Stock Up 2.5%

Drake released three projects (Iceman, Habibti, Maid of Honour) on 15 May 2026, likely to meet his $400 million UMG contract.
A defamation suit against UMG was dismissed in late 2025; Drake filed an appeal and cites private arbitration for resolution.
Hedge‑fund manager Eric Jackson calls the releases an “exit filing”; UMG shares rose 2.5% in Amsterdam, WMG up 0.5% in the US.
All three projects remain under an exclusive license to Republic Records, indicating label ties are still active.