Universal Music attracts the attention of US billionaire
Universal Music Group is in talks to sell a 10% stake in a deal that would value the record label at about $40 billion.
Confirmation Friday of those talks arrive four months after Vivendi SE, the French media conglomerate that owns Universal, said that it might spin off the label that is home to Taylor Swift, Billie Eilish, Lady Gaga, as well as the Beatles.