Universal Music Group Valued At €22bn

The value of Universal Music Group has trebled in the past four years to approximately €20bn ($22bn). That’s according to top brass at UMG parent Vivendi, speaking at its annual shareholders’ meeting today (April 25) in Paris. General Counsel Frédéric Crépin, who sits on Vivendi’s management board, discussed previous valuations of UMG at the event, …