Tencent in Talks for Stake in Record Label of Ariana Grande, Queen

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Chinese internet giant Tencent is in talks to buy a stake in Universal Music Group, home to Beatles and Billie Eilish (corrects typo)

BEIJING—Tencent Holdings Ltd. is negotiating to buy 10% of Universal Music Group, the world’s largest music company, from Vivendi SA for about €3 billion —a deal that would strengthen the Chinese internet giant’s growing clout in the global record industry.

The investment, if consummated, also gives Tencent an option to double its stake. A deal would give it a seat at one of the world's music giants. Los Angeles-based Universal has signed blockbuster artists like Ariana Grande, Drake and Billie Eilish. Its stable...

 

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No. F that

I remember that Japanese had bought the empire State building in the 1970s , but now ?so ,Don't worry , Don't be sad . Everything all gone with the wind.

Don’t be dumb.

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Tencent in Talks to Buy Stake in Universal Music GroupChinese internet giant Tencent is negotiating to buy 10% of Universal Music Group, one of the world’s largest music labels, from Vivendi—a deal that would value the stake at $3.36 billion. i hope it s a fake news And that's a good thing... I thing it is a good investment of the company
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