Music Business News: France
News UMG streaming revenues were up 19.7% to €837m ($936m) in Q3 2019
News "[There is] continuing process for the potential sale of an additional minority stake in UMG to other partners. Some have already expressed an interest in investing at a similar price level."
News 'The flexibility of an indie label with the marketing power of a major player.'
News Exec first joined BMG France in 2011 as A&R Manager
News Company also reveals 250% growth in podcast usage in the last two years
News Exec was previously Head of Synch at Warner Chappell Music France
News Companies that support Deezer’s UCPS proposal so far include Because Music, Wagram Music, Play Two, Idol and others
Analysis News MBW estimates that Universal, Sony and Warner are now collectively worth just shy of $89bn