Music Business News: Netherlands
Analysis News UMG announces another impressive set of quarterly results – this time as a public company
News Hildering van Lith will work with Ingrooves' global team to drive growth in dance and electronic music
News Catalog consists of more than 2,000 songs recorded by artists including: Demi Lovato, Madonna, Martina McBride, Leona Lewis, John Legend, Carrie Underwood and Josh Groban
News First catalog acquired contains approximately 30,000 copyrights and 6,500 master recordings
News UMG's share price closed at €25.10
News Sir Lucian Grainge and members of UMG's corporate executive team sounded the gong live from UMG’s Santa Monica HQ
News UMG's opening price is over a third bigger than the reference price that Vivendi confirmed yesterday of €18.50
News Vivendi is preparing to spin off 60% of UMG on the Euronext Amsterdam stock exchange on Tuesday September 21