Let’s Break Down the Thoughts-Blowing Cash in Common Music’s IPO


That is, by a ways, the music enterprise story of the yr. Tomorrow morning (September 21) in Europe, as New Yorkers are sleeping and Los Angelenos are drifting off, 60 p.c of the world’s greatest music firm will hit the inventory market.

That’s the slice of Common Music Group (UMG) that may float on the Amsterdam Euronext, because the music main’s present father or mother firm, Paris-based Vivendi, relinquishes it to its personal shareholders. (A further 20 p.c of UMG is privately owned by a consortium headed up by China’s Tencent; one other 10 p.c is owned by

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