French entertainment and telecom conglomerate Vivendi on Monday said its first-quarter revenue rose 11.9 percent, or 4.4 percent assuming constant currencies, to $4.20 billion (3.87 billion euros) on the strength of its music division.
Vivendi Closes $3.3 Billion Sale of 10 Percent Universal Music Stake to Tencent-Led Consortium
31.03.2020 - 19:13 / hollywoodreporter.com
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.
The website popstar.one is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
billboard.com
20.04.2020 / 15:37
UMG First Quarter Revenues Up 13% as COVID-19 So Far Has 'Limited Impact' on Vivendi Earnings
LONDON – Universal Music Group's revenues grew to €1.77 billion ($1.9 billion) in the first quarter of 2020, up 13% at constant currency and perimeter thanks to big-selling new releases from Justin Bieber, Eminem, The Weeknd and Japanese pop group King & Prince.UMG owner, French media and telecom conglomerate Vivendi, reports that the COVID-19 pandemic had only a "limited impact" on its earnings during the first three months of the year when group revenues totaled €3.87 billion ($4.2 billion), a
variety.com
20.04.2020 / 12:33
Vivendi Weighs Impact of Coranavirus as Universal Music Drives Growth in Q1
By Tim Dams
billboard.com
17.04.2020 / 02:39
Warner Music Names Andy Ma CEO Over Greater China Region
LONDON – Warner Music Group is aligning its senior leadership team in one of the world’s biggest music markets with the promotion of Andy Ma to the new role of CEO, Warner Music Greater China, responsible for the company’s operations in Mainland China, Hong Kong and Taiwan. Ma joined Warner in 2011 and has headed its China division since 2018, when h
variety.com
17.04.2020 / 02:09
Warner Music Promotes Andy Ma to CEO for Greater China
By Rebecca Davis
manchestereveningnews.co.uk
15.04.2020 / 16:19
Manchester United star Bruno Fernandes compares Paul Pogba to Lionel Messi and Cristiano Ronaldo
Manchester United midfielder Bruno Fernandes believes Paul Pogba has the same level of pressure on his shoulders as Lionel Messi and Cristiano Ronaldo do.
deadline.com
13.04.2020 / 22:09
Coronavirus: France Lockdown To Lift May 11, But Cinemas Will Stay Closed & No Festivals Until Mid-July
By Nancy Tartaglione
justjared.com
09.04.2020 / 19:11
Le Creuset Is Having a Major Sale & Now Is Your Chance to Buy These Iconic Cookware Items!
If you’ve ever wanted to own pieces from Le Creuset‘s iconic cookware collection – now is your chance!
nme.com
02.04.2020 / 16:39
‘No Time To Die’ star Lea Seydoux says James Bond is one of few “male characters to be sexualised”
"I love to see sexy men in bathing suits"
billboard.com
31.03.2020 / 15:25
Vivendi Wraps $3.3 Billion Sale of 10% UMG Stake to Tencent-Led Consortium
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.
deadline.com
31.03.2020 / 13:09
Vivendi Closes $3.3B Sale Of Universal Music Group Stake To China’s Tencent
By Jake Kanter
variety.com
31.03.2020 / 13:07
Vivendi Closes Sale of 10% of UMG to Tencent-Led Consortium
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.
nme.com
27.03.2020 / 23:23
China is re-closing all its cinemas nationwide as coronavirus continues
Over 500 cinemas in the country had re-opened their doors over the last week