Vivendi Delays Projected Universal Music Sale Date

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Vivendi Delays Projected Universal Music Sale Date
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.Vivendi delays timing of Universal Music Group sale - chairman insists, 'Everything's fine, trust me.' umg

Yannick Bollore, chairman of the supervisory board of Universal Music Group parent company Vivendi, delayed the projections for the sale of UMG by around six months in a interview today. He said Vivendi is “not in a hurry” to wrap the sale and is “very confident” it will find the right partner to purchase up [...]The nominations for the 2019 Teen Choice Awards have been revealed, and voting has opened for the top movies, TV shows and music that has dominated the last year.

The announcement comes from Kenny MacPherson, who is assuming the new role of Chief Executive Officer. All three executives will continue operating out of the company’s Los Angeles headquarters. [...]Camila Cabello was the featured speaker at a Tuesday afternoon panel at Cannes Lions, the annual gathering of marketing, design and entertainment professionals in the south of France.

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