Universal Music Group to Launch IPO in 2022

Victoria Volkova, a27-year-old Mexican activist, has made history becoming the first trans-women to feature on the cover of Playboy Mexico. Announcing the historic edition, Playboy Mexico said that the magazine “supports the battles for openness and diversity that are fought by so many across Mexico” adding that “Playboy Mexico, in line with its parent company in the United States, has always been in favour of all social struggles.

LABELS & PUBLISHERSDJ and producer Oliver Heldens has announced a new record label, OH2, that will operate alongside his existing Heldeep Records, to focus on commercial dance music.

Patrick Frater Asia Bureau ChiefChina’s Kuaishou, one of the world’s most popular video sharing and live streaming apps, has filed for a share listing in Hong Kong.The company which is a direct rival to the Bytedance-owned Douyin and TikTok, claims 776 million monthly active users, in a regulatory filing to the Hong Kong Stock Exchange.

Jem Aswad Senior Music EditorCapitol Music Group Chairman & CEO Steve Barnett will retire on December 31, 2020, the company announced today, capping a 50-year career in the music business, including eight years at the helm of CMG.Barnett announced his long-planned decision to the full company this morning, in conjunction with Universal Group Chairman & CEO Lucian Grainge. The two also jointly announced the promotion of Jeff Vaughn and Michelle Jubelirer to serve as CMG’s next leaders.Vaughn,

After suffering a head injury earlier this month, former Miss America Leanza Cornett has passed away. She was only 49.

coronavirus - has died at his university halls of residence.Connor Reed died at his flat at Bangor University on Sunday, October 25 in what was described as a “tragic accident” by his mum Hayley in a Facebook post.

Universal Music Publishing has signed production trio Afro Bros – Rashid Badloe, Giordano Ashruf and Shareef Badloe – to a new worldwide publishing deal.“Afro Bros’ music is the perfect blend of South American rhythms with European grooves”, says Alexandra Lioutikoff, President of Universal Music Publishing’s Latin American division. “From live performances as DJs to production work in studios, their music captivates fans around the world.

Donald Trump seeks to boost his anti-China credentials ahead of November’s election.The measures announced by Secretary of State Mike Pompeo on Wednesday target Yicai Global, Jiefang Daily, Xinmin Evening News, Social Sciences in China Press, Beijing Review, and Economic Daily by requiring them to register as foreign missions, a step that includes making them identify their employees.“They are all substantially owned or controlled by a foreign government,” Pompeo told reporters at a State

Dade Hayes Finance EditorFrance-based Vivendi plans to have an initial public offering for Universal Music Group in 2022.The news came as the company reported financial results for the third quarter, with UMG posting a 3% uptick in revenue to €1.855 billion, or about $2.2 billion.Taking Universal Music public will follow what Vivendi described as “the first phase of the opening of UMG’s share capital,” which was completed earlier this year.

French entertainment and telecom conglomerate Vivendi on Tuesday said its third-quarter revenue edged up 1.3 percent, or 0.7 percent assuming constant currencies and adjusting year-ago figures for acquisitions, to 4.02 billion euros ($4.76 billion).

Jem Aswad Senior Music EditorVivendi, parent company of Universal Music Group, confirmed that it plans to take UMG public in 2022.

Will Thorne Staff WriterAfter outlining her exec team, recently appointed Universal Studio Group chief Pearlena Igbokwe is adding another studio to that group.Igbokwe has announced, via a letter obtained by Variety, that the Universal Television Alternative Studios is being incorporated into Universal Studio Group.

Peter White Television EditorUniversal Television Alternative Studios, the division responsible for shows including The Wall and World of Dance, has become part of the Pearlena Igbokwe-run Universal Studio Group.The move, which becomes official today, follows the departure of Meredith Ahr, who was President of NBC Entertainment’s Alternative and Reality Group, and who oversaw the non-scripted studio.It means that UTAS, which is run by President Toby Gorman, now joins sister studios including

told Reuters.The decision expands on an already existing YouTube policy to crack down on “medically unsubstantiated” claims about the pandemic.

Mike Fleming Jr Co-Editor-in-Chief, FilmEXCLUSIVE: MTV Documentary Films has acquired North American rights to 76 Days, a raw and emotional look at the struggles of the people of Wuhan, China, in the earliest days of the COVID-19 outbreak. Directed by New York filmmaker Hao Wu (People’s Republic of Desire) and China-based journalists, Weixi Chen and “Anonymous,” 76 DAYS made its world premiere at the 2020 Toronto International Film Festival.

Rebecca Davis editorUniversal Music Group on Tuesday appointed Simon Jerome Nasser as managing director for Universal Music Singapore and its Southeast Asia head of live, a newly created role.

Ed Meza @edmezavarGermany’s Maze Pictures has boarded Moscow-based Metrafilm’s KGB comedy series “Pawns,” from writers Michael and Lily Idov, who penned the award-winning 2018 Cannes competition screener “Leto.”The company, which has offices in Munich, Berlin and Lucerne, Switzerland, is also developing a miniseries based on “Ghosts of Berlin,” a book of supernatural stories by filmmaker Rudolf Herzog (son of Werner Herzog), and the tentatively titled mystery series “Parallels.”On the film