Tag: music recording

Vivendi to Explore Split Into Three Businesses
World

Vivendi to Explore Split Into Three Businesses

Vivendi will examine a possible split into three businesses around Canal+, Havas and an investment company.The French digital entertainment and communications company said its management board had proposed a study of the feasibility of a split into publicly-traded entities.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Blackpink’s Contract Renewal Sends Shares of K-Pop Label YG Soaring
World

Blackpink’s Contract Renewal Sends Shares of K-Pop Label YG Soaring

YG Entertainment shares surged after the label behind K-pop girl group Blackpink renewed exclusive contracts with all four members of the multinational band.Shares of the South Korean talent company rose as much as 29% to 61,900 won ($47.12) in early afternoon trading, on track for their biggest daily percentage gain since listing in November 2011, according to FactSet.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Music Stocks Adjust to a Slower Tempo
Money

Music Stocks Adjust to a Slower Tempo

Oct. 29, 2023 10:00 am ETThe music industry is humming along nicely. That won’t make the hangover from rock-bottom interest rates any easier for some music stocks.Shareholders at Hipgnosis, a London-listed song catalog fund that owns rights to tracks by Shakira, the Red Hot Chili Peppers and others, voted against giving the fund another five-year mandate at the company’s annual general meeting on Thursday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Vivendi 3Q Revenue Grew Driven by Canal+, Havas
World

Vivendi 3Q Revenue Grew Driven by Canal+, Havas

Updated Oct. 19, 2023 12:24 pm ETVivendi’s revenue for the third quarter rose, helped by organic growth at its Canal+ Group and Havas businesses.The French media group said Thursday that revenue for the third quarter was 2.43 billion euros ($2.56 billion) compared with EUR2.37 billion for the same period last year.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8