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General

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%).

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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
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