This firm is a multinational record label. It focuses on the discovery and development of artists and songwriters and the marketing, promotion, distribution, sales and licensing of audio and audio-visual content.
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I might pick this one up at some point. For now UMG for the watch list. Thanks FT for adding this one.
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Yesterday morning I picked up one share of UMG. Just before Financial Times and Lex came out with these articles. So I made a tiny profit already.
Universal Music strikes deal to reshape streaming economics
Lex - Universal Music: Deezer deal is symbolic but not yet a game-changer
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