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Vivendi remains the majority owner of the Universal Music Group (while the film and television division was sold to NBCUniversal) until 2021. In February 2017, UMG revived the company under the name of PolyGram Entertainment, which currently serves as their film and television division.
Mar 11, 2024 · Telegram has 900mn users and is nearing profitability, according to the owner of the secretive messaging app, as the company moves closer to a potential blockbuster stock market listing.
May 22, 1998 · Marking the biggest deal in the history of the record business, Seagram Co. agreed Thursday to pay $10.6 billion to acquire global music giant PolyGram N.V., home to such popular and diverse acts...
May 7, 1998 · On Levy’s watch, PolyGram has been transformed from a quiet classical music company into a major competitor in the pop world, investing more than $1 billion over the last decade to acquire a...
Company profile page for Polygram NV including stock price, company news, executives, board members, and contact information.
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That year, the joint venture and the new subsidiaries were reorganized as PolyGram N.V., with Siemens and Philips each retaining a 50 percent ownership. 1975-85: Adding Pop to Classical and Jazz. In 1975, PolyGram bought Robert Stigwood Organization Ltd. for $1 a share.
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Mar 12, 2024 · Durov, who now solely owns the company, sees an IPO as a way to "democratize access to Telegram's value." This comes despite investor interest with valuations exceeding $30 billion. The company...