Confirmed: Universal sells Co-Op - and racks up £530m from EMI asset sales

Universal parent Vivendi has confirmed that it has finalised a deal to sell Co-Operative Music. Music Week understands that [PIAS] has been successful in its acquisition bid for the rival distribution and services company.

Following the announcement of its full-year fiscal results last night, Vivendi has confirmed to Music Week that seven divestments related to Universal's acquisition of EMI Music - aside from Parlophone Label Group - have now been sold to six separate buyers for around £45m in ...

Login to access this article

To access this article you need to be a subscriber. If you are a subscriber login below.

Start your 4 week Free Trial

Register for a Music Week trial to access this article.

Sign up for your free trial to Music Week, the no 1 weekly trade magazine for anyone who needs to understand the business of music. For four whole weeks we will provide you with great, in-depth journalism that gets right inside the business of music in print and 24/7 online. With both the print and digital edition you will be able to enjoy the whole Premium experience of a subscription to Music Week - absolutely free.

Start your free trial


If you have previously taken a trial you will need to subscribe to access this article.

Subscribe Now
subscribe link free-trial link

follow us...