By Rebecca Davis
26.03.2020 - 20:19 / billboard.com
Experts in China estimate the live sector will contract by 50% in 2020, but infection numbers are slowing dramatically and offices are opening again.As Europe and the U.S. cope with spiraling numbers of coronavirus cases, Jim Wong has a message from China for his Western counterparts in the live music industry: There’s light at the end of the tunnel.
For more than two months, Wong, the managing director of Live Nation Electronic Asia, operated under a China-wide lockdown that shuttered Live
By Rebecca Davis
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Jackie Chan and Arnold Schwarzenegger share the screen for the first time in the utterly bonkers The Iron Mask.
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The New England Patriots plane is flying much-needed coronavirus crisis medical supplies to Boston from China, CBS Boston reports. A Patriots spokesperson said the team's Boeing 767 went to Shenzhen, China Wednesday to pick up 1.2 million N95 masks, and it's now on its way back to the U.S.
French entertainment and telecom conglomerate Vivendi said Tuesday that it has closed its sale of a 10 percent stake in Universal Music Group to a consortium led by Chinese online giant Tencent. It confirmed the deal was based on an enterprise value of €30 billion, or $33 billion at current exchange rates, compared with $33.6 billion when the transaction was announced at the end of 2019.
French entertainment and telecom conglomerate Vivendi said Tuesday that it has closed its sale of a 10 percent stake in Universal Music Group to a consortium led by Chinese online giant Tencent.It confirmed the deal was based on an enterprise value of €30 billion, or $33 billion at current exchange rates, compared with $33.6 billion when the transaction was announced at the end of 2019.
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Vivendi has closed the sale of 10% of its subsidiary Universal Music Group to a consortium led by the Chinese powerhouse Tencent. The deal, which was signed three months ago, values UMG for €30 billion.
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Just days after Elon Musk said he was ready for Tesla to start making ventilators to combat and aid medical professionals in the fight against coronavirus, he’s delivered a handful already.