Tencent in Talks to Buy Stake in Universal Music Group

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Chinese internet giant Tencent is negotiating to buy 10% of Universal Music, one of the world’s largest music labels, from Vivendi

ByChinese internet giant Tencent Holdings Ltd. is negotiating to buy 10% of Universal Music Group, one of the world’s largest music labels, from Vivendi SA—a deal that would value the stake at €3 billion .

Under the terms of the deal, Vivendi said Tuesday that Tencent would have a one-year option to acquire an additional 10% stake in the music business at the same terms.

 

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Tencent has always been doing a great job

I thing it is a good investment of the company

And that's a good thing...

i hope it s a fake news

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Tencent in Talks to Buy 10% of Universal Music GroupChinese digital giant Tencent has entered negotiations with French media group Vivendi to buy a 10% stake in Universal Music Group. Vivendi announced the talks Tuesday, saying that the negotiations… Name checks out. ChristianDund33 hello dear friend? you are beautiful and have a good sound dear .so, please rise your lord GOD by this sweet sound dear friend .because music is sin .bible says that any musicians can't get to the heaven of GOD .blessing about that you respect me to sing a song to our Lord GOD.
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