Universal Music Group

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UMG label Deutsche Grammophon launches classical music streamer Stage+

Deutsche Grammophon, a division of Universal Music Group (UMG), is launching STAGE+, a ground-breaking classical…

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Vivendi sells UMG stake for US$1.149 billion

Vivendi has sold a small stake in Universal Music Group for over US$1 billion. The…

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Vivendi looks to Universal IPO as music group and Canal+ prove bright spots in muted quarter

French media group Vivendi has said that it plans to list Universal Media Group. Universal…

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Canal+ becoming ‘aggregator of apps’, international subs now in majority

Canal+ is “evolving from an aggregator of content to an aggregator of apps” through distribution…

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Tencent to take 10% stake in Vivendi’s music arm, with more likely

French media giant Vivendi has signed its deal with a consortium led by China’s Tencent…

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Vivendi opens talks with Tencent to sell Universal Music stake

Canal+ owner Vivendi has entered into preliminary talks to sell a 10% stake in Universal…

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African growth helps offset domestic decline at Canal+

Strong revenue growth in Africa helped to partially offset a continued precipitous decline in pay…

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Vivendi taking 26% stake in Banijay-Zodiak

Vivendi has signed an agreement to take a 26.2% stake in the new production company…

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Vivendi agrees extra dividend and makes peace with hedge fund

Vivendi and activist hedge fund P. Schoenfeld Asset Management have settled their dispute over Vivendi’s…

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Vevo owners mull sale options

The owners of music video hosting service Vevo are reportedly close to hiring Goldman Sachs…

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