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.
 STAGECOACH GOES BIG WITH ZACH, JELLY ROLL, LUKERecord-breaking heat wave in the forecast. (9/6a)
GRAMMY’S GONNA GRAMMY: THE FIRST “GRAMMY MOMENT”
Recollections differ, but Ken and Babs set a precedent. (9/5a)
HITS' FIRST LIVE ISSUE TAKES THE STAGE THIS FALLWe're putting our asses in seats. (9/9a)
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THE GRAMMY SHORT LIST
Who's already a lock?
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.
ALL THE WAY LIVE
The players, the tours, the enormous beers.
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