Media +Technology Intelligence
French conglomerate Vivendi set an €18.50 ($21.69 at the present exchange rate) reference price for Universal Music Group stock, and shares hiked as much as 43 percent past the figure out of the gate, to a high of €26.45 ($31) apiece. And while trading activity promptly cooled down UMG stock remained well above the aforementioned reference Read More …
‘New opportunities’ for music publishers Read More …
‘Agreement in principle’ to end year-long statemate Read More …
Universal Music Group, the business behind singers such as Lady Gaga, Taylor Swift and The Weeknd, is valued at around 33.5 billion euros ($39.30 billion) ahead of the record label’s stock market debut in Amsterdam on Tuesday. France’s Vivendi is spinning off Universal and on Monday set a reference price for the listing at 18.5 Read More …
The film’s producers Phoenix Waters Productions and AMM Global have teamed with specialty firm Marvion Media and will offer a limited edition of just five NFTs in October. They will also offer NFT to attend both the Hong Kong and U.K. premieres of the film. Source: ‘Lockdown’ Thriller to Be Offered as NFT Film Ahead Read More …