Vivendi survey examines post-lockdown entertainment plans
Vivendi’s Brand Marketing division has been talking about its latest study: a survey of more than 7,200 people about their entertainment habits during the Covid-19 lockdown – and their plans once it eases. There’s...
June 11, 2020
Universal Music Group revenues grew by 13% in first quarter
Vivendi’s latest financial results reveal that Universal Music Group’s revenues grew by 12.7% to €1.77bn (around $1.95bn) in the first quarter of 2020. Recorded music revenues were up by 13.1% to €1.43bn,...
April 21, 2020
Tencent finally seals the deal for 10% stake in Universal Music
On the very last day of 2019, Tencent Holdings (heading up a consortium of investors) signed an agreement to acquire 10% of Universal Music Group. Now, in a neat bit of quarterly timing, that deal went through on the very...
April 1, 2020
Vivendi reveals plans for a Universal Music IPO by 2023
Anything Warner Music Group can do, Universal Music can do… later. With WMG having sprung plans for an IPO on the industry earlier this month, now Vivendi has announced that plans are afoot for a UMG public listing too,...
February 14, 2020
Tencent still seeking partners for investment in UMG
The long-running saga of Vivendi’s attempts to sell off up to 50% of Universal Music Group is taking another twist. In August, Vivendi announced that it had entered into ‘primary negotiations’ with Tencent Holdings...
December 19, 2019
Vivendi set for Tencent UMG investment, plus interest from others
Vivendi’s latest quarterly financial results yesterday provided us with an update on the company’s plans to sell up to half of Universal Music off to partners. Talks with Tencent to buy up to 20% of UMG continue: Vivendi said that...
October 18, 2019
Tencent in talks to buy up to 20% stake in Universal Music Group
There’s been a significant development in Vivendi’s moves to sell of up to 50% of Universal Music Group. This morning, UMG’s parent company announced that it has entered into ‘primary negotiations’ with Tencent...
August 6, 2019
Streaming still paying off for UMG with 18.6% revenue growth
Stop us if you’ve heard this one before: streaming is paying off rather well for the world’s largest music company. Universal Music’s revenues grew by 18.6% year-on-year for the first half of 2019, according to yesterday’s...
July 26, 2019
Indies prepare for battle over Vivendi’s UMG sell-off plans
Vivendi appears to be paving the way for its planned sell-off of up to 50% of Universal Music Group to happen in 2020 rather than this year. That’s the gist, at least, of comments made by chairman Yannick Bolloré in an...
June 20, 2019
Strong streaming growth for UMG as Vivendi rules out IPO
Vivendi published its latest quarterly financial results yesterday, including figures for Universal Music Group. And UMG’s parent company also provided an update on its plans for the major label, which will now involve...
July 31, 2018
Vivendi expects 10% revenue growth for UMG in 2017
Media group Vivendi isn’t due to publish its next quarterly financials until mid-February, but the company issued a statement on “preliminary positive trends of 2017” yesterday including a couple of Universal Music...
January 12, 2018
Vivendi Content boss: “My belief is that YouTube’s DNA is free”
Dominique Delport is the chairman of Vivendi Content and MD of Havas Group, so he’s an interesting figure in terms of connecting the dots between Universal Music Group’s parent company and its advertising-giant arm. He...
October 19, 2017