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 bil…
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. As part of the agreement, the consortium – which includes Tencent Music Entertainment, as well as other financial co-investors — [...]iHeartMedia has joined the growing list of companies implementing sizable pay cuts for senior executives amid the upheaval caused by the coronavirus crisis.
Before “Tiger King” became a water-cooler sensation, a key character in Netflix’s bizarre true-crime documentary had his own moment in the spotlight. “Tiger King” enthusiasts discovered that Bhagavan “Doc” Antle, an animal trainer who worked closely with series’ central character Joe Exotic, had a surprising connection to Britney Spears. As fate would have it, Antle [...]
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