Max Richter signs new global deal with Universal Music Group

Partnership is across Decca Records, Decca Publishing and Deutsche Grammophon
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Tencent isn’t planning on making $3bn investment in Universal by itself – report

Sources suggest Chinese company is seeking outside investment to complete deal
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How Universal’s VYRL Originals is spearheading a non-film music revolution in India

Devraj Sanyal, Universal’s local CEO, says Indian music industry is witnessing a ‘sea change moment’
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Vivendi: After Tencent bid, others have ‘expressed interest’ in buying Universal Music Group stake

“[There is] continuing process for the potential sale of an additional minority stake in UMG to other partners. Some have already expressed an interest in investing at a similar price level.”
The post Vivendi: After Tencent bid, others have ‘expr…

Jay Frank, Universal streaming and digital marketing expert, dies aged 47

Los Angeles-based exec joined UMG in 2015
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Ugandan superstar Irene Ntalé signs ‘major deal’ with Universal Music Group Nigeria

She is the first artist from Uganda to sign to Universal Music Group
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Ugandan superstar Irene Ntalé signs ‘major deal’ with Universal Music Group Nigeria

She is the first artist from Uganda to sign to Universal Music Group
The post Ugandan superstar Irene Ntalé signs ‘major deal’ with Universal Music Group Nigeria appeared first on Music Business Worldwide.

Universal Music Group inks deal with Dakia Global Enterprise to create immersive music experiences

Experiences include premiere hospitality, lifestyle club, live entertainment and next-generation retail
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Sir Lucian Grainge: Sale of 10% of Universal to Tencent an ‘exciting development’

“This is an exciting development for both Vivendi and UMG and affirms once again just how much our strategy and hard work are succeeding.”
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Tencent in talks to buy 10% of Universal Music Group

Chinese media giant Tencent Holdings Limited is in discussions to buy 10% of Universal Music Group, UMG’s parent Vivendi has confirmed today (August 6). Tencent has made an offer which puts a preliminary equity valuation of €30bn ($34bn) on UMG o…