Tuesday 6 August 2019

China's Tencent in talks to buy 10% of Universal Music Group

PARIS (AP) - Chinese tech giant Tencent is in talks with French media company Vivendi to buy 10% of Universal Music Group, whose artists include Ariana Grande, Lady Gaga, U2 and the Rolling Stones.

Vivendi said Tuesday it has started preliminary negotiations that value Universal Music at about 30 billion ...
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