Last week in media: Universal Music, Amazon, Fortnite and EU regulation having an impact

Monday 18 February 2019 | 15:06 CET | News
Music companies, or those predominantly active in the music segment, did well last week on the stock market. Spotify's share price ended week 7 up 10.3 percent, slightly ahead of Tencent Music's 10.0 percent gain. Vivendi won 8.2 percent on rumours of planning to sell around 50 percent of Universal Music Group. Apple's name surfaced in the press as a candidate, as UMG's valuation would even eclipse Vivendi's. Stingray (+13%) was the week's winner, while worst in came Naver (-4.5%) and Lions Gate (-4.3%).

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Alphabet / Amazon / Apple / Bing / Comcast / Ebay / Electronic Arts / Facebook / Google / Mediaset / Microsoft / Omnicom / Prisa / Proximedia / Publicis / RTL / Sony / Spotify / Tencent / TF1 / Twitter / Universal Music / Vivendi / YouTube / Zee Entertainment
Countries: World
::: add a comment
This article is part of dossier


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Zee in talks with Comcast, Sony to sell 50% stake - report

Published 15 Feb 2019 17:08 CET | India
Essel Group is in talks with potential investors to sell a part of its stake in Zee Entertainment Enterprises. The company's top ...

Universal Music remains revenue growth driver for Vivendi in Q4, as Bollore announces board departure

Published 15 Feb 2019 10:40 CET | World
Vivendi reported fourth-quarter revenues of EUR 4.06 billion, up 5.6 percent year-on-year on an organic basis (+5.6% in Q3). ...

Facebook may settle for multi-billion-dollar fine in FTC privacy probe - report

Published 15 Feb 2019 09:00 CET | United States
Facebook is in talks with the US Federal Trade Commission to settle the regulator's investigation into Facebook's privacy ...

EU approves new rules for increasing transparency on search rankings, marketplace conditions

Published 14 Feb 2019 11:19 CET | Europe
The EU institutions have approved new regulations designed to increase fairness and transparency on online platforms such as ...

EU reaches compromise on controversial online copyright reform

Published 14 Feb 2019 09:30 CET | Europe
The EU institutions have reached a political agreement on the reform of copyright law. After the compromise agreed by the ...