Fairness Rocks News Vivendi’s Sale of UMG Enters ‘Indefinite Pause’ as Fire Crisis Worsens


Fairness Rocks News Vivendi’s Sale of UMG Enters ‘Indefinite Pause’ as Fire Crisis Worsens

Home Industry News Vivendi’s Sale of UMG Enters ‘Indefinite Pause’ as Fire Crisis Worsens

Author: Paul Resnikoff

Date: June 26, 2019

Original Source: Digital Music News

Industry News

Vivendi’s Sale of UMG Enters ‘Indefinite Pause’ as Fire Crisis Worsens

Vivendi’s planned sale of a portion of Universal Music Group may be delayed substantially into 2020, according to sources to Digital Music News.
Last week, Vivendi SA suspended its planned sale of Universal Music Group for six months, for unspecified reasons. But that was before the label got slammed with a $100 million lawsuit over its cover-up of the 2008 Universal Studios fire.

Read more: https://www.digitalmusicnews.com/2019/06/26/vivendis-sale-umg-indefinite-pause/