A Tencent-led consortium is taking a 10per cent stake in Vivendi’s Universal Music Group, valuing the music label that houses Lady Gaga and The Beatles at 30 billion euros (US$34 billion) and giving the Chinese firm a global backstage pass.
A Tencent-led consortium is taking a 10per cent stake in Vivendi’s Universal Music Group, valuing the music label that houses Lady Gaga and The Beatles at 30 billion euros (US$34 billion) and giving the Chinese firm a global backstage pass.