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OT : Tencent Group (China) in talks to buy 10% of The Rolling Stones
Posted by: Massimo68 ()
Date: August 7, 2019 15:23

In fact 10% of Universal Music Group.
And another 10% in 2020.

[variety.com]

The Rolling Stones, The Beatles, U2, Madonna and hundreds of bands and artists in part in the hands of a chinese group, I guess this is not a good augury for the music.



Edited 2 time(s). Last edit at 2019-08-07 15:36 by Massimo68.

Re: Tencent Group (China) in talks to buy 10% of The Rolling Stones
Date: August 7, 2019 15:33

Quote
Massimo68
In fact 10% of Universal Music Group.
And another 10% in 2020.

[variety.com]

The Rolling Stones, The Beatles, U2, Madonna and hundreds of bands and artists in part in the hands of a chinese group, I guess this is not a good augury for the music.

The Stones only licence their music to UMG. They're not "in the hands" of anyone smiling smiley

Why should a chinese investment group be any worse than an american group, btw?

Re: Tencent Group in talks to buy 10% of Universal Music
Posted by: Irix ()
Date: August 7, 2019 15:50

It's only a 10% stake of Universal Music - which belongs since February 2006 100% to French media conglomerate Vivendi.

Vivendi plans to sell further minority interests in Universal Music to other partners, with up to 50 percent to be sold. Since the end of 2013 there have been talks of a split-up of Vivendi.

Don't panic - Universal Music isn't the Rolling Stones ....

Re: OT : Tencent Group (China) in talks to buy 10% of The Rolling Stones
Posted by: dead.flowers ()
Date: August 7, 2019 16:26

Title of this thread is irritating an d misleading! Which parts of who's body? Keith's arms, Mick's head? Would Keith's skull ring count?

Take my arm, take my leg, oh baby don't you take my head ...

Re: OT : Tencent Group (China) in talks to buy 10% of The Rolling Stones
Posted by: dcba ()
Date: August 7, 2019 16:37

Quote
dead.flowers
Title of this thread is irritating an d misleading! Which parts of who's body? Keith's arms, Mick's head?

]

if they want to buy 10% of Keef's liver they'd better get the opinion of a medical expert first.

Keef : "huh huh huh huh..."



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