VEVO

A DEAL TO WATCH FOR: VEVO is reviewing various sale options including the sale of a majority stake, according to a Bloomberg report. The article says co-owners UMG, Sony Music, Google and Abu Dhabi Media are preparing to bring in Goldman Sachs to begin the process. Liberty Media, Yahoo, DreamWorks Animation and a JV between AT&T and Chernin Group are said to be in the running, with the price tag in the neighborhood of $1 billion. The label owners and VEVO would probably do licensing deals with any new owner, the report says. VEVO CEO Rio Caraeff noted in a recent interview that the company has been chatting with interested investors and begun the due diligence process with various suitors. Stay tuned. (4/29p)

BACK TO RUMOR MILL

		UMG AND TIKTOK WORK IT OUT The kerfuffle is in the past. (5/2a) Check It Out Now LUCIAN SOUNDS OFF ON UMG/TIKTOK DEAL A breakdown from the boss (5/2a) Check It Out Now JAMES KING: THE HITS INTERVIEW (PART ONE) London calling (5/2a) Check It Out Now TOP 20: IT’S STILL TAYLOR’S WORLD Large and in charge (5/2a) Check It Out Now THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL That's what friends are for. (5/1a) 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!

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