Vivendi
CHINA (CelebrityAccess) – Vivendi has completed the sale of 10% of the share capital of Universal Music Group to a China-based Tencent-led consortium. ...
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Revenue Tops €7Bn for UMG In 2019 As Vivendi Weighs The Sale Of Additional Minority Stakes, Talks IPO For The Label
PARIS, France (CelebrityAccess) — Universal Music Group’s parent company Vivendi released the company’s 2019 earnings report, revealing its quite a good time to ...
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Vivendi Sells 10% Stake In UMG To Tencent-Led Consortium
NEW YORK (CelebrityAccess) – Vivendi has sold a 10 percent stake in Universal Music Group (UMG) to a consortium led by Tencent, valuing ...
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UMG Drives Revenue For Vivendi In Q3
PARIS (CelebrityAccess) — Shares in Vivendi rose on Friday after the French media conglomerate reported improved revenue and said that its potential sale ...
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UMG Sale Inches Forward As The Label Giant Reports Record Results For Q2
PARIS, France (CelebrityAccess) — Vivendi has taken another step to a possible sale in subsidiary Universal Music Group after it appointed a bank ...
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Universal Said To Bee Looking At Industry Bidder
LOS ANGELES (CelebrityAccess) Universal Music Group parent company Vivendi SA is said to be targeting strategtic buyers for a stake in UMG as ...
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Private Equity Investor KKR, Tencent Weighing A Bid For Universal Music Group
PARIS, France (CelebrityAccess) — U.S. private equity firm KKR and Chinese e-commerce giant Tencent’s music subsidiary are among the potential investors exploring bids ...
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Vivendi Weighing A Partial Sale Of UMG
PARIS, France (CelebrityAccess) — Universal Music’s parent company Vivendi SA is reportedly weighing selling as much as half of the label giant, which ...
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Hong Kong Council Reportedly Warns Against Secondary Ticketing
HONG KONG (CelebrityAccess) The Consumer Council of Hong Kong reportedly recently warned the region’s ticket buyers to avoid secondary ticketing sites. The council ...
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Vivendi’s Olympia Productions Acquires French Festival Garorock
MARMANDE, France (CelebrityAccess) — Olympia Productions, Vivendi’s French concerts, and festival production company, announced that it has agreed to acquire Garorock, one of ...
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