VIVHY News and Press, Vivendi ADR From 02/13/21

Vivendi (VIVHY) plans to spin out Universal Music Group and distribute 60% of UMG's share capital to Vivendi shareholders. UMG is home to artists such as Lady Gaga and Billie Elish.The distribution will take the form of an special dividend and Vivendi will call a special shareholder meeting f...

LiveXLive Appoints Vivendi Executive, Maria Garrido, to its Board of Directors PR Newswire LOS ANGELES , Dec. 30, 2020 /PRNewswire/ -- LiveXLive Media (Nasdaq: LIVX) ("LiveXLive"), a global platform for livestream and on-demand audio, video and podcast conte...

A consortium led by Tencent Holdings Limited (TCTZF) has exercised its call option to acquire an additional 10% equity stake in Universal Music Group from its parent company, Vivendi (VIVHY), based on an the enterprise valuation of €30B for 100% of UMG's share capital.Upon tr...

Ruane, Cunniff, & Goldfarb’s 13F portfolio value increased from $7.46B to $8.40B this quarter. The number of positions decreased from 37 to 35. They added Intercontinental Exchange and Fidelity National Information Services while decreasing Amazon.com, Alphabet, and Wayfair...

Vivendi is one of the best ways for investors to get exposure to the music industry. Very high revenue growth despite the pandemic keeps the company's outlook positive. An IPO of UMG is expected in 2022 in addition to an expected 10% stake sale to Tencent. For further detail...

Universal Music Publishing Group (VIVHY) acquires Bob Dylan's entire catalog of songs, which includes over 600 copyrights spanning 60 years.Dylan's catalog was previously administered by Sony/ATV Music Publishing."To represent the body of work of one of the greatest songwriters of all ti...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Investors get Thanksgiving gift at Dow 30,000 The Dow Jones Industrial Average hit and closed above 30,000 on Tuesday for the first time since its inceptio...

German's Bertelsmann is in "pole position" for a purchase of book publisher Simon & Schuster from ViacomCBS ([[VIAC]] -1.1%, [[VIACA]] -0.9%), the Financial Times says. That suggests that it's close to a deal as a reported Thanksgiving deadline for bids inches closer. And Bertelsmann's Pe...

The fund's investment objective is long-term growth of capital. In pursuing this objective, it focuses on investing in equity securities that the advisor believes are undervalued at the time of purchase and have the potential for growth. For Q3 2020, Sequoia Fund generated a total ret...

Amazon Music (AMZN -1%) has announced a partnership with Universal Music Group (VIVHY +0.9%) and Warner Music Group (WMG -1.7%) to remaster thousands of songs and albums at the highest quality streaming audio available, and deliver it exclusively. The companies will remaster the music to Ultr...