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| Name | Symbol | Market | Type |
|---|---|---|---|
| Vivendi SE (PK) | USOTC:VIVHY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 12.00 | 11.95 | 11.97 | 8 | 14:28:30 |
From Jul 2019 to Jul 2024
14:33 ET - Vivendi's CEO Arnaud de Puyfontaine tells shareholders the French media group is reviewing the possibility of listing Universal Music Group on the public market. The CEO has been publicly flirting with an IPO of the world's largest music company for more than a year as the music industry has returned to growth--thanks entirely to streaming--after decades of declines amid plummeting sales of physical formats and digital downloads. The most recent comments, made during Vivendi's annual general meeting in Paris, come just weeks after No. 1 music streaming company Spotify's successful direct listing to the NYSE. "We have started work that will allow us to present to the board the benefits of an eventual listing of Universal Music Group," he said. (anne.steele@wsj.com; @AnneMarieSteele)
(END) Dow Jones Newswires
April 19, 2018 14:52 ET (18:52 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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