Universal Music Group Is Going Public, But Don’t Call It an IPO
The most accurate wording is that Vivendi will spin off UMG-- as used in its Feb. 13 press release -- as a standalone corporation with stock that’s separate from its parent company.…...
Tag : umg
Can Big Hit & Universal Music Create the Next BTS on US TV?
Big Hit and UMG are planning to create a joint venture recording label and an American Idol-like audition show in the U.S. to find the...
It’s a Growth Story: What’s Behind UMG’s Accelerated IPO Plans?
With the market for initial public stock offerings raging, Universal Music Group parent Vivendi doesn't want to miss a good opportunity....
Vivendi Planning to Move Forward With UMG IPO This Year
French media conglomerate Vivendi announced Saturday (Feb. 13) that it may move forward with the Universal Music Group IPO before the end of 2021....