Vivendi Could Spark Content Bidding War Amid Plans For Universal Music Sell-Off

  • 📰 Forbes
  • ⏱ Reading Time:
  • 67 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

French media giant Vivendi could spark a content bidding war amid plans for a Universal music sell-off

says it will be a"game changer" for Vivendi, whose revenues increased by 10.7% against the same quarter last year.Universal Music Group works in recorded music, music publishing and merchandising, and owns more than 50 labels covering all genres.

"The minute any of these distribution platforms: iTunes, Spotify, even YouTube, wants content, they have to enter new licensing deals."The sale of Universal Music Group is potentially the first domino to fall in a wave of change in how music is distributed.They would have so much more power in leveraging all channels available to them to get their content to the ears of their customers.

“There’s the old fashioned guy who wants to buy a dollar for 50 or 60 cents, and he says, ‘You know what, over time the market reverts to the mean, and my cheap stocks are going to get revalued, and all I have to do is sit back and let the market forces work for me.' Now I call bulls**t on that."“That doesn't work anymore. That died. Why did it die? Because over the years there's more places for money to go, and the typical buyers of value stocks are disappearing.

"Yeah, we're not interested. We want the whole cigar. We want five or six cigars. We don't want puffs. When we find businesses going through smart strategic change, it’s like finding an unopened box of cigars!"With the automotive industry taking a hammering everywhere you look these days, from Ford to Tesla, no one seems to be coming out unscathed - despite companies' best efforts to drive value.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is that Taylor Swift and what does she have to do with this?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This ETF has seen titanic volume amid the sell-offThe SPDR S&P 500 ETF is gaining popularity as U.S. markets grow more volatile, says the fund's manager, Jim Ross, who helped shape the ETF market.
Source: CNBC - 🏆 12. / 72 Read more »

Market is vulnerable to more punishing sell-offs on trade war disappointments, Invesco's Kristina Hooper warnsWall Street faces further disappointment on trade, Invesco's Kristina Hooper warns (via CNBCFuturesNow)
Source: CNBC - 🏆 12. / 72 Read more »

Tencent Music charges for more content as paying users drive profit beatChina's Tencent Music Entertainment Group said it had started charging for ...
Source: Reuters - 🏆 2. / 97 Read more »

If the sell-off is just starting, here's where to hide outInvestors have found outperformance in these gold and long-term bond ETFs during times of volatility. Cash because everyone has already gone into utilities etc. By the the time you buy in, price is already up. Plus you have to deal with the sell off when idiots who moved short term money in move it out again. So you could buy high and sell much lower!
Source: CNBC - 🏆 12. / 72 Read more »

Stock sell-off set to continue Tuesday as Dow Futures open lowerU.S. equity futures opened lower Monday evening as traders weighed the details of an ongoing trade war between the United States and China. I am wrong!!! Futures dipping further .. ouch it is too early to call, probably $SVXY will end up being green tomorrow.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks attempt a comeback from trade sell-off – six experts weigh inWall Street is trying on Tuesday to claw back some of its losses suffered over the past week, but the worst may not be over yet. Here's what six experts are watching. TradingNation Uh no attempt about it. TradingNation The fearful dumb money sold last week as the smart money is buying this week
Source: CNBC - 🏆 12. / 72 Read more »

Cramer Remix: What's behind today's huge sell-offJim Cramer reveals that the coupling of an escalating trade war with China and Uber's IPO fiasco led to the market's dip. Really people listen to this guy? Hey cramer I made 1.5 b in this market... Hbu Wow! They actually pay you for this wisdom ... bs.
Source: CNBC - 🏆 12. / 72 Read more »

Trump’s trade approach under attack as China readies retaliation; markets poised for big sell-offLmao.. food for China ? Yep. The BillionDollarLoser will bankrupt the country, just like he did his businesses. What a fraud!! Trump stuffs up again! China playing him like a fiddle!
Source: washingtonpost - 🏆 95. / 72 Read more »

$1.2 trillion in stock market value lost so far from trade war sell-off with more expectedStocks plunged Monday on fears the trade war damage the global economy and crush corporate profit growth. Zee___Zee See the international trand of stock But Biff says trade wars are easy to win. Unless you are short and/or bought puts.
Source: CNBC - 🏆 12. / 72 Read more »

‘Close to inconceivable': Trump’s Iran rhetoric sparks warning of Iraq war reduxLawmakers warned Trump to avoid another war in the Middle East and demanded more information about warnings that Iran might be planning attacks on U.S. personnel and facilities in the region Trump cannot have my children to fight in his fake war with Iran. He's just trying to distract America to avoid his legal troubles. Till the time Trump don't get same massage from Israel to stop, things will keep on escalating... Ah. the 'inconceivable' declaration. Right up there with 'failure of imagination.' If Democrats could only have imagined this before it got so bad, we wouldn't be here. But here we are, it's getting worse, and they *still* can't imagine how much worse it could get.
Source: politico - 🏆 381. / 59 Read more »