Chinese multinational conglomerate Tencent Holdings Limited is in talks with Vivendi to acquire a 10% stake in Universal Music Group (UMG).
The proposed deal would value UMG at €30 billion ...
The sale of a minority stake in Universal Music Group is continuing “step by step”.
That was the message from Arnaud de Puyfontaine, CEO of parent company Vivendi as it ...
The sale of up to 50% of Universal Music Group could be moving closer.
Parent company Vivendi announced the plan more than a year ago to secure investment from a ...
Vivendi chairman Yannick Bolloré has said the company is "not in a hurry" to sell Universal Music Group, but said the sale process remains "on track".
The plan to ...
Universal Music UK has reported a year-on-year revenue increase of 12.7% in 2018.
The UK arm of the major’s turnover totalled £388.24 million. That was split between product sales (£210.98m) ...
Universal Music Group's revenues were up nearly 20% in the first quarter of 2019 as the major brought in €1,502 million, up from €1,222m in 2018.
According to the ...
The plan to sell up to a 50% stake in Universal Music Group was announced way back in July 2018. The major’s stunning performance since then has made it an ...
Universal Music Group’s (UMG) revenues were €6.023 billion (£5.31bn) in 2018, up 10% year-on-year on a constant currency basis.
The performance of the major, headed up by CEO/chairman Sir ...
Universal Music Group is to fully acquire Ingrooves Music Group.
The major has been a minority investor in Ingrooves since 2006. It has now agreed to acquire the shares ...
You want to know how annoyed the music business is with YouTube over Article 13 right now? Well, annoyed enough to bring back the term ‘value gap’ in an open ...
