The African music streaming platform Boomplay and UMG have struck an expanded deal that will bring UMG’s music catalog from 7 to 47 countries across the African continent.
Huawei Music has launched in Europe to take on the plethora of music streaming services with over 50 million tracks. Chinese phone, tech and software developers Huawei have launched a brand new music streaming service…
After a shaky 2019 and recently suffering markets, London-based company 7digital have been handed a lifeline to help them continue operations. The unnamed lender has handed over a £500,000 ($643k) 12 month loan, with interest…
It now official. Tencent consortium has officially confirmed they are acquiring 10% of Universal Music Group for over $3 billion. Two other key elements of the deal: (i) the Consortium can, over the next 12…
As Vivendi finally look to start selling stakes in Universal Music, Chinese media conglomerate Tencent are looking to buy in. Vivendi have been leading up to selling stakes in Universal’s major record label for over…
The biggest music label in the world has up to half of it’s stakes up for sale presenting a major opportunity for investors. Vivendi have just appointed banks who will manage the sale of up…
YouTube have teamed up with Universal Music Group to “change the way you see music” for hundreds of videos. Since the first piece of music got an accompanying video a cultural phenomenon has spread across…
One of the world’s biggest music labels is being eyed up by Chinese conglomerate for a potentially massive stake acquisition. Tencent, the massive Chinese company responsible for much of the biggest music tech happenings in…