Music Business News: France

Deezer raises $185m as new investment values company at over $1bn

Access and Orange come back to the table, alongside Dubai-based Rotana

Vivendi set to sell up to 50% of Universal Music Group within 18 months – but rules out IPO

"A sale of up to 50% of UMG’s share capital to one or more strategic partners, in order to extract the highest value"

Music streaming has more than tripled in volume in France since 2015

Over 27bn on-demand streams took place in territory in H1

Vivendi in talks to buy Garorock Festival – report

Negotiations with event owner are reportedly ongoing

BMG boss Hartwig Masuch: ‘We are the fourth major music company’

Exec also warns of potential "bursting bubble" when it comes to publishing M+A market

Midem attendance grew 9% this year – but it was still half the size of its glory days

Approximately 10,000 delegates attended in 2001

Why Sony’s EMI buyout won’t make it the world’s biggest music company – but will make it the biggest publisher

How Sony and Universal would have stacked up in the 12 months to end of March this year

Universal is worth more than Spotify, says Vivendi, as Q1 revenues rise 4.5% to $1.5bn

Streaming jumps over 30% in Q1 but physical sales suffer 26% decline