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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Universal Music Group NV | EU:UMG | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.60 | 2.27% | 26.98 | 26.70 | 27.00 | 27.27 | 26.27 | 26.43 | 1,624,775 | 16:40:00 |
From Feb 2023 to Feb 2025
By Nina Kienle
Universal Music Group's division Virgin Music Group said that it would acquire music entertainment company Saban Music Latin for an undisclosed price.
Virgin Music said late Thursday that it would acquire Saban Music Latin's catalogue and release future albums by selected Saban Music Latin's artists. The companies didn't disclose financial details.
Virgin Music said it had previously partnered with artists and labels in Latin music and that the acquisition complements its artist roster.
Saban Music's founder, Haim Saban, acts as an independent nonexecutive director of Universal Music.
Write to Nina Kienle at nina.kienle@wsj.com
(END) Dow Jones Newswires
January 05, 2024 03:19 ET (08:19 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
1 Year Universal Music Group NV Chart |
1 Month Universal Music Group NV Chart |
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