Why, in a post-Tencent/Universal world, the three major music companies are worth nearly $90bn

China’s Tencent Holdings Ltd. has made a bid to acquire 10%-20% of Universal Music Group, at a company-wide valuation for UMG of €30bn ($33.63bn). By default, this approach from Tencent has become the first market-tested barometer of what the strategic value of a major music company may be today.

Source: Why, in a post-Tencent/Universal world, the three major music companies are worth nearly $90bn

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