According to a Reuters report, French media conglomerate Vivendi is now appointing a number of investment banks to divest as much as 50% of its share in Universal Music Group. The move coincides with an explosive first-half financial report for UMG. The move comes just one month after Vivendi itself tapped the brakes on the […]
The post As Universal Music’s Revenues Explode, Vivendi Starts Appointing Investment Banks to Lead Its 50% Sell-Off appeared first on Digital Music News.