Vivendi has been clear that it would like to sell up to half of its Universal Music Group at a valuation of between $22 billion and $33 billion, and an army of investment bankers are out courting potential buyers. MIDiA’s Mark Mulligan looks at who may want and can afford…
Category archives: Vivendi
Universal Music Group is worth $33bn, says Deutsche Bank
Investment group suggests Liberty Media, Tencent or Google could buy into UMG
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Vivendi launches bank selection process to find buyer for stake in Universal Music Group
Vivendi released its Q3 2018 results today
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The music business’s biggest stories of the past week: Universal, Vivendi, Sony, Apple, Troy Carter
Here’s what caught our attention over the past seven days…
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Vivendi in talks to buy Garorock Festival – report
Negotiations with event owner are reportedly ongoing
The post Vivendi in talks to buy Garorock Festival – report appeared first on Music Business Worldwide.
Universal is worth more than Spotify, says Vivendi, as Q1 revenues rise 4.5% to $1.5bn
Streaming jumps over 30% in Q1 but physical sales suffer 26% decline
The post Universal is worth more than Spotify, says Vivendi, as Q1 revenues rise 4.5% to $1.5bn appeared first on Music Business Worldwide.
Latest Industry: Cisco, YouTube, Warner, Metallica, Vivendi, Prince, Apple Music, Pandora, TIDAL, More…
Cisco pulls ads from YouTube. Over a fear of sensitive content appearing right after its ads, Cisco has pulled all of its online ads from YouTube. Taking a veiled swipe at the video platform’s past controversies over sensitive content, Cisc…
Vivendi to present ‘hypotheses’ on Universal Music Group IPO this month
Findings to be presented at meeting on May 17th
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Latest Industry: Post Malone, J. Cole, R. Kelly, Avicii, BTS, Record Store Day, More…
Post Malone goes platinum in just 4 days. The Recording Industry Association of America has certified platinum Post Malone’s sophomore album, Beerbongs & Bentleys. Thanks to the popularity of his hit single, ‘Rockstar,’ the …
Latest Industry: Spotify, YouTube Remix, Apple, Alexa, Pitbull, Avicii, Viagogo, Vivendi, Bose, Deezer, More…
Not what investors wanted to hear. Yesterday, Spotify announced significant improvements to its free tier service, including on-demand song playback. Now, investors have responded to the news. Spotify’s stock went down 1.5% yesterday….