The record label behind Taylor Swift plans to launch a U.S. offering of some shares owned Bill Ackman’s Pershing Square, as the hedge-fund billionaire pushes for a U.S. listing.

The Recording Academy did not reveal which category for which the superstar will appear. Swift's 'The Tortured Poets Department' is nominated for album of the year.

Shares in Universal Music, the world's largest record label, could soon be listed on a U.S. exchange, as a result of a $500 million stock offering by Bill Ackman's Pershing Square. The hedge-fund ...