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...
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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Source: WSJ - 🏆 98. / 63 Read more »