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Stock Market & Financial Investment News

News Breaks
February 7, 2013
11:32 EDTVIVHYVivendi's Universal Music to sell Parlophone to Warner Music
Universal Music Group, a fully owned subsidiary of Vivendi, announced that it has entered into a definitive agreement to sell Parlophone Label Group to Warner Music Group for GBP487M. This sale follows the approval of UMG's acquisition of EMI Recorded Music by the European Commission in September 2012. The closing of the Parlophone transaction is expected to occur later this year, following employee consultations in certain jurisdictions and subject to various regulatory approvals. Additional financial terms were not disclosed.
News For VIVHY From The Last 14 Days
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April 22, 2015
05:38 EDTVIVHYVivendi reinstated with a Buy at Goldman
April 15, 2015
10:00 EDTVIVHYOn The Fly: Analyst Downgrade Summary
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05:40 EDTVIVHYVivendi downgraded to Hold from Buy at Societe Generale
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April 14, 2015
13:20 EDTVIVHYRecord labels lobby for better royalties from YouTube, Dailymotion, FT says
The International Federation of the Phonographic Industry alleged Tuesday that certain digital video platforms including Google's (GOOG) YouTube and Orange's (ORAN) Dailymotion are relying too much on "safe harbour" laws to avoid paying royalties to record labels, reports the Financial Times, citing statements by IFPI CEO Frances Moore. The move comes as the European Commission weighs reforming EU copyright law. The IFPI is a recording industry group that counts Sony (SNE) Music Entertainment and Vivendi's (VIVHY) Universal Music Group among its members. Reference Link
April 13, 2015
08:42 EDTVIVHYPandora rises after Spotify reportedly valued above $8B in fundraising
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April 12, 2015
16:29 EDTVIVHYVivendi will not bid for Lagardere, Reuters says
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