RUMOR MILL
Back to Rumor Mill >
Deutsche Bank has upped its valuation of UMG to €29 billion—or $33.25b—from €20b. What’s wild about this figure is...
Tuesday, January 8, 2019

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.

 
BACK TO RUMOR MILL
 
SPOTIFY Q1 PROFIT TOPS $1B; SUBS HIT 239M
How Swede it is. (4/23a)
Check It Out Now
HITS LIST IN
PLAYOFF MODE
Will scoring records be broken this week? (4/23a)
Check It Out Now
THE COUNT: ALL THE DESERT'S A STAGE
The dust settles on the Indio Polo Grounds. (4/22a)
Check It Out Now
ROCK HALL UNVEILS
2024 INDUCTEES
Class of '24 comes alive. (4/22a)
Check It Out Now
TOP 20: TAYLOR TIME
Is it ever. (4/23a)
Check It Out Now
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions