Vivendi has confirmed plans for its UMG IPO.
It’s a move that’s Vivendi’s institutional shareholders have been pushing for and the public listing is now set to take place ...
Vivendi has completed the sale of an additional 10% of the share capital of Universal Music Group to the Tencent-led consortium. The deal is based on an enterprise value ...
Vivendi has confirmed that the Tencent-led consortium has taken up its option to acquire a further 10% share in UMG.
The deal values UMG at €30 billion (£27.2bn), although the ...
For the first nine months of 2020, Universal Music Group’s revenues were €5.314 billion (£4.85bn), up 4.4% year-on-year. Revenues were up 3% year-on-year in Q3.
For the first nine months ...
Universal Music Group has reported a 12.4% increase in streaming revenues during the first half of 2020.
Parent company Vivendi also reiterated its plan for a UMG IPO by 2023 ...
If the old stockmarket adage that ‘good investing is boring’ is true, there are some reassuring signs for public music companies right now.
Because, while the stockmarket crash for various ...
Despite the Covid-19 epidemic, big deals are still going ahead as planned.
Vivendi has completed the sale of 10% of the share capital of Universal Music Group to a Tencent-led ...
Apparently, the biggest industry grumble ahead of this year’s BRITs concerns the lack of room for tables on the revamped O2 Arena floor, after the ceremony revamp took up more ...
Universal Music Group’s revenues in 2019 were up 14% year-on-year at constant currency to €7.159 billion (£5.95bn). The increase was 18.9% on an actual basis.
Recorded music revenues grew ...
Vivendi has agreed the sale of a 10% stake in Universal Music Group to a consortium led by Tencent Holdings for €3 billion (£2.55bn).
In a memo seen by Music ...
