Universal Music Group Valued at $39 Billion Before Tuesday’s IPO

Diego Luna returns with more episodes of Amazon Prime Video’s Pan Y Circo, a two-time Emmy Award-winning series that sees the actor share a meal with strangers to discuss various topics that are critical to the world at large from a Mexican perspective.

A couple of major industry players are planning to put their spin on music documentaries and scripted content.

Shirley Halperin Executive Editor, MusicColdplay has extended its deal with Warner Music Group via a new long-term agreement with Parlophone and Atlantic Records, Variety has learned. The news arrives ahead of the UK band’s ninth studio album, the Max Martin-produced “Music Of The Spheres, which is due out on Oct.

Michele Amabile Angermiller In celebration of the Spice Girls’ 25th anniversary, the group has partnered with Universal Music Group’s Bravado for a wide-ranging deal spanning merchandising, direct-to-consumer products, touring, brand and retail licensing and distribution on a global scale.The girl group — comprised of original members Mel B, Emma Bunton, Melanie C, Geri Halliwell and Victoria Beckham — released its debut album “Spice” on Nov.

EXCLUSIVE: Glitter & Doom, an LGBTQIA+ jukebox feature musical told with the iconic tunes of Grammy winning folk duo Indigo Girls, is in production already in Mexico City starring The Mandalorian‘s Ming-Na Wen, Y: The Last Man‘s Missi Pyle, and directed by Tom Gustafson off a screenplay by Cory Krueckeberg.

Two of the biggest acts in music just teamed up for an out of this world new video.

Coldplay and BTS have released the music video for their new collab!

Polestar, the electric vehicle company backed by Volvo of Sweden and Leonardo DiCaprio was valued at $20 billion in a SPAC deal that will take it public.

Clint Eastwood has just released his latest film, in which he is once again star and director.

Jem Aswad Senior Music EditorOn a day that has been remarkably good for music companies on stock markets, Warner Music Group — which saw its stock climb thanks in part to Universal Music’s lofty IPO — on Tuesday announced the sale of an aggregate of 2,340,000 shares of the company’s common stock by affiliates of Access Industries to Morgan Stanley & Co. as the sole underwriter in the registered public offering of those shares.

Geoff Mayfield If Universal Music Group’s spinoff from parent Vivendi was an album or single, it would be number one with a bullet, in old music-industry terms: With a closing price of €25.10 on the first day of the company’s stock launch on the Euronext Amsterdam, the world’s largest music company landed a whopping 36.5% above its initial reference price of €18.50.The splash yields a market value of €45.51 billion ($53.37 billion), easily justifying the rosy evaluations that investment

Universal Music Group shares jumped 39% in their first trading day on the Euronext Amsterdam exchange.

Jem Aswad Senior Music EditorReggaeton star, actor and philanthropist Don Omar has signed a multiyear partnership with Saban Music Group (SMG). The label founded by entertainment giant Haim Saban and headed by CEO Gustavo López is home to such acts as Static and Ben El, Nakkia Gold and Chesca, among others.“I am thrilled to be joining forces with Saban Music Group and being backed by the savvy business and artistic instincts of Haim and Gus,” said Omar.

Universal Music Group surged by more than a third in the first minutes of trading on Tuesday, following an initial public offering (IPO).Ten minutes into the trading session, shares were changing hands at €25.61 on the Euronext Amsterdam stock exchange. That is a 38% leap compared with the €18.50 figure that the group announced on Monday as its reference price.

Christina Haack’s ex-husbands, Tarek El Moussa and Ant Anstead, learned about her engagement to Joshua Hall with the rest of the world.

Geoff Mayfield With Universal Music Group on the brink of launching one of the biggest initial public offerings to date, it’s worth noting how much the music industry has changed — and hasn’t — since analysts placed the business on the critical list 20 years ago.By the mid-oughts, the music industry had lost half of its peak value, but the advent of streaming and a rising awareness of the value of intellectual property — not to mention the multi-billion dollar, albeit pandemic-hobbled touring

Mexico to America in “Cry Macho,” an aimless and sometimes cringe-worthy film. But it has perhaps the best performance by a rooster in modern cinematic history.The film is apparently supposed to be a meditation on masculinity, with Eastwood's one-time rodeo star Mike Milo taming and rebuilding his young rebellious charge into an honorable young man.

Owen Gleiberman Chief Film CriticAt 91, Clint Eastwood still knows how to direct a movie with a nice, clean leisurely classical sparseness, something you wish more directors knew how to do (or wanted to). As a filmmaker, Eastwood has earned the right to be called ageless.

EXCLUSIVE:  Two-time Oscar nominee Bruce Dern is starring with Richard Grieco, Michael Paré, Sofia Nistratova, Nick Davi, Mike Mendez in the horror thriller feature The Devil’s Trap which is commencing production.

Travis Barker steps out solo for opening night of Halloween Horror Nights at Universal Studios Hollywood on Thursday night (September 9) in Universal City, Calif.