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Universal Music Group won’t go public

Universal Music Group is scrapping any plans of going public — and instead, its parent company will begin to pitch a 50 percent stake in the world’s largest music label to possible partners. The parent, Vivendi, said Monday an IPO in the label — home to Taylor Swift, Jay-Z, Rihanna, Sam Smith and many others...

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03:41 on July 31 2018

Universal Music Group won’t go public

New York Post — Universal Music Group is scrapping any plans of going public — and instead, its parent company will begin to pitch a 50 percent stake in the world’s largest music lab... more info