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
 
PRE-GRAMMY GALA GOES GAGA FOR GERSON
Jody will be the center of attention at Clive's shindig. (12/18a)
Check It Out Now
ON THE COVER:
BILLIE EILISH
A star upon the highest bough (12/19a)
Check It Out Now
NOISEMAKERS:
A HOLIDAY TREAT
Something for their stockings (12/18a)
Check It Out Now
SUPREME COURT SETS 1/10 HEARING ON TIKTOK BAN
How will SCOTUS rule? (12/19a)
Check It Out Now
THE HIP-HOP CONUNDRUM
Grammy being Grammy (12/19a)
Check It Out Now
NOW WHAT?
We have no fucking idea.
COUNTRY'S NEWEST DISRUPTOR
Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
WHO'S BUYING THE DRINKS?
That's what we'd like to know.
 Email

 First Name

 Last Name

 Company

 Country

By clicking submit you are agreeing
to Terms and Conditions