Sir Lucian Grainge and team are making all manner of moves with about three weeks to go before UMG’s IPO. Recent headline-grabbers include a huge China play, a splashy pact with rock giants Aerosmith and a deal with boffo kids brand Moonbug.
His presentation to European investors, meanwhile, helped goose Vivendi's stock to a 19-year high. It’s full speed ahead to the start of trading on 9/21.
As far as shares in HITS are concerned, Sir Grainge recommends dumping them as soon as possible.
HITS LIST: TIME OF THE SEASON
The temperature's rising, it isn't surprising. (6/24a)
YOUR SIZZLING SUMMERTIME PHOTO GALLERY
Connecting the faces with the boldfaces. (6/22a)
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THE GRAMMY SHORT LIST
Who's already a lock?
COUNTRY'S NEWEST DISRUPTOR
Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
INDIE DISTRIBUTION'S RISE TO GLORY
The discovery engine is revving higher.
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