Three Major Suitors Prepare to Bid for Up to 50% of UMG

Major bidders are ready to buy up to half of Universal Music Group.  But, will they accept Vivendi’s strict demands? Two weeks ago, Vivendi posted a great profit from its subsidiary, Universal Music Group (UMG). Across labels, record sales, publishing, merchandising, tours, and more, the company posted €6 billion ($7.2 billion) in revenue for the […]

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