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Ahead of the much-anticipated Universal Music Group IPO, French conglomerate Vivendi is considering selling another 10 percent stake in the Big Three record label to an unidentified “American investor.” Vivendi – which previously sold one-fifth of Universal […]
Facing nearly $7 million in damages, will PokerNews and iBusMedia fold in Universal Music Group’s copyright infringement lawsuit? Every so often, PokerNews releases a new podcast. The website, owned by iBusMedia, deals with subjects in the poker […]
Thanks to the massive success of UMG ahead of its upcoming sale, Vivendi’s own bottom line rose 5.5% in Q3 2018. Last summer, after discarding the idea of a $40 billion IPO for its major […]
Universal Music Group (UMG) parent Vivendi is now considering a behemoth Wall Street public offering. But that’s just one of several tasty possibilities ahead. Universal Music Group (UMG) could potentially fetch a $40 billion valuation […]
Find out what top streaming services — including Spotify, Apple Music, and Amazon Music — actually pay per play. Thanks to streaming music services, record labels reported record-breaking revenue last year.  In 2017, the ‘big three’ made […]
Once again, despite licensing issues with Spotify, music streaming pushes industry revenue way, way up. Universal Music Group reported $1.1 billion in music streaming revenue alone between January and September of this year. This marks […]
by Peter Kafka David Ring, one of Universal Music Group’s top digital business executives, is leaving the company. Ring’s departure comes a few days after his boss, digital business head Rob Wells, departed. Both men […]
by Josh Halliday Google’s plans to launch a music-streaming service would give the record industry a welcome boost on its path to recovery, according to a digital executive at Universal Music Group. Francis Keeling, global […]
