RUMOR MILL
Tuesday, June 22, 2021
UMG IPO OK'D
Universal Music Group will go public on 9/21 on the Euronext Amsterdam stock exchange after Vivendi shareholders nearly unanimously approved the spin-off Tuesday.
Vivendi will distribute 60% of Universal’s shares to existing Vivendi shareholders and list the music company, which now is valued at about $40b based on the weekend’s 10% investment from Bill Ackman’s Pershing Square Tontine Holdings.
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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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!
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A CHORUS OF PRAISE: IVORS 2024 NOMSrumor mail
