Quantcast
Deutsche Bank has upped its valuation of UMG to €29 billion—or $33.25b—from €20b. What’s wild about this figure is...
UMG’S VALUE ROCKETS TO $33B+

Deutsche Bank has upped its valuation of UMG to €29 billion—or $33.25b—from €20b. What’s wild about this figure is that it’s higher than that of Uni’s parent company, Vivendi, whose most recent valuation was €28.3b.

According to the report, potential suitors for a stake in the dominant music group include Liberty Media (as CEO Greg Maffei hinted in November), Tencent Music, Alphabet/Google, Facebook, Amazon, Spotify, Apple and Alibaba.

"With the hype around UMG stake sale having subsided, there is now scope for valuation to surprise to the upside in 2H 2019," Deutsche Bank speculates, adding that it expects music-streaming revenue to hit $21b in 2023, compared to $7b in 2018, while the aggregate market grows to $25b.

TWO NEW FIRMS ARISE FROM DAVIS SHAPIRO
New math: dividing and adding (7/15a)
THE DEATH OF PRINT JOURNALISM: LEGAL FINE PRINT EDITION
We're guilty as charged. (7/16a)
THE NEW CHEW:
GRAMMY ON RYE
The latest fearless forecast (7/15a)
BILLY RAY CYRUS: THE "ROAD" LESS TRAVELED
The zigzagging course of a singular career (7/12a)
HOT THOUGHTS
KG lets 'em have it. (7/15a)
EARTHQUAKE!
We thought it was just the hangover.
WEED!
What strain pairs best with sloth?
COPYRIGHTS!
They're complicated.
PIZZA!
Why haven't we been talking about it?
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)