Universal Music Vault Fire Story Could Alter Company’s Valuation

Recently a new story from the New York Times revealed that a major fire in one of Universal Studios vaults had caused the company to lose more than 100,000 of its master tapes, and as a large share of the company may be headed for the auction block, questions are being raised as to how this loss might affect its overall value.

Source: Universal Music Vault Fire Story Could Alter Company’s Valuation

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