Vivendi Is Selling a 10-20% Chunk of Universal Music to Tencent — UMG’s Lucian Grainge Addresses the Troops

After delaying the sale of Universal Music Group, Vivendi is now auctioning off a small chunk of the major label to Tencent. Vivendi SA’s on-again, off-again sale process of Universal Music Group is apparently back on.  And with it, the beginnings of an entirely different sales strategy. According to confirmations from both Vivendi and Universal […]

The post Vivendi Is Selling a 10-20% Chunk of Universal Music to Tencent — UMG’s Lucian Grainge Addresses the Troops appeared first on Digital Music News.

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