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 ...
IMPALA is to formally oppose the strategic partnership between Tencent Holdings and Universal Music Group.
The indie sector’s increasing concerns about the deal are revealed in the latest issue ...
Vivendi has revealed plans to potentially sell an additional minority stake in Universal Music Group.
The major’s parent company is already in talks to sell 10% to Chinese company ...
Sir Lucian Grainge is excited. Investors certainly seem happy, with Vivendi's share price up in Paris after the announcement. Those who were starting to believe the slow-moving Universal Music ...
Vivendi has finally silenced the speculation – and some doubters – about the sale of a stake in Universal Music Group. A year after the process was first announced, ...
