Vivendi to Race Planned Listing of Universal Music

Financial Times: Universal Music, the world’s largest record label that is home to acts like Lady Gaga and The Beatles, is looking to expedite its planned listing to capitalize on a frothy stock market. Vivendi, the French media conglomerate that owns Universal, said in October that an initial public offering was planned for 2022. However, the group is now said to be looking to take Universal Music public this year.