Tencent Holdings has been floated as a potential, even likely buyer for a stake in Universal Music Group. But the latest rumors indicate that while the Chinese company is still interested, it may want to make the investment with partners. Continue Reading
Radionomy announced an addition to its executive team: Erik Portier, formerly of Google and founder of several tech companies. Portier will work in the Radionomy Group HQ in Brussels and is tasked with expanding the European presence of Radionomy-owned ad agency TargetSpot. Continue Reading
Global media holding company Vivendi announced today that it has acquired a majority share (64.4%) of Radionomy Group, taking a stake in pureplay online radio and streaming audio advertising. Continue Reading