Like Tasty Cheese Puffs, Get Ready for a Universal Music Group IPO

As Universal Music Group keeps posting record revenue numbers thanks to streaming, Vivendi apparently has three letters in mind: I-P-O. In late April, investment banks wanted to persuade Vivendi to offer Universal Music Group for an IPO.  According to Reuters, bankers told Vivendi that “selling 10 to percent of UMG would provide funds for other […]

The post Like Tasty Cheese Puffs, Get Ready for a Universal Music Group IPO appeared first on Digital Music News.

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