Who Will Buy Universal Music Group? [Mark Mulligan]

Vivendi has been clear that it would like to sell up to half of its Universal Music Group at a valuation of between $22 billion and $33 billion, and an army of investment bankers are out courting potential buyers. MIDiA’s Mark Mulligan looks at who may want and can afford…

Vivendi launches bank selection process to find buyer for stake in Universal Music Group

Vivendi released its Q3 2018 results today
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The music business’s biggest stories of the past week: Universal, Vivendi, Sony, Apple, Troy Carter

Here’s what caught our attention over the past seven days…
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Universal is worth more than Spotify, says Vivendi, as Q1 revenues rise 4.5% to $1.5bn

Streaming jumps over 30% in Q1 but physical sales suffer 26% decline
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Latest Industry: Cisco, YouTube, Warner, Metallica, Vivendi, Prince, Apple Music, Pandora, TIDAL, More…

Cisco pulls ads from YouTube. Over a fear of sensitive content appearing right after its ads, Cisco has pulled all of its online ads from YouTube.  Taking a veiled swipe at the video platform’s past controversies over sensitive content, Cisc…

Vivendi to present ‘hypotheses’ on Universal Music Group IPO this month

Findings to be presented at meeting on May 17th
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Latest Industry: Post Malone, J. Cole, R. Kelly, Avicii, BTS, Record Store Day, More…

Post Malone goes platinum in just 4 days. The Recording Industry Association of America has certified platinum Post Malone’s sophomore album, Beerbongs & Bentleys.  Thanks to the popularity of his hit single, ‘Rockstar,’ the …

Latest Industry: Spotify, YouTube Remix, Apple, Alexa, Pitbull, Avicii, Viagogo, Vivendi, Bose, Deezer, More…

Not what investors wanted to hear. Yesterday, Spotify announced significant improvements to its free tier service, including on-demand song playback.  Now, investors have responded to the news.  Spotify’s stock went down 1.5% yesterday….