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
 
ROCK HALL UNVEILS 2024 INDUCTEES
Class of '24 comes alive. (4/22a)
Check It Out Now
HITS LIST ENTERS
PLAYOFF MODE
Will scoring records be broken this week? (4/22a)
Check It Out Now
BILL'S PASSAGE COULD RESULT IN U.S. TIKTOK BAN
Meanwhile, on Capitol Hill... (4/20a)
Check It Out Now
BLACKSTONE ASSEMBLING $1.5B BID FOR HIPGNOSIS SONGS FUND
A white-knuckle moment (4/20a)
Check It Out Now
NEW RELEASES:
SWIFT UPS THE ANTE
Does she ever. (4/22a)
Check It Out Now
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!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions