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Tencent have bought another game developer, so let's see how big their collection is now

Tencent have bought another game developer, so let's see how big their collection is now
rockpapershotgun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rockpapershotgun.com Daily Mail and Mail on Sunday newspapers.

United States , United Kingdom , Paul Porter , Carl Cavers , Digital Extremes , Epic Games , Paradox Interactive , Roblox Corp , Team Sonic , Roblox Corporation , Yager Development , Sumo Digital , Team Sonic Racing , Chinese Room , Dark Descent , Dear Esther , Gone To The , Darren Mills , Life Is Strange , Tell Me Why , Ascendo Capital , January Tencent , Dont Starve , Dirty Bomb , System Shock , Riot Games ,

Universal, the world's biggest record label, heads for an IPO


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USIC FANS have had to get used to seeing stars perform via video-link, and the same was true of the big performance held on June 22nd to decide the future of Universal Music Group. Shareholders in Vivendi, the record label’s parent company, tuned in to the annual general meeting to chorus their near-unanimous approval of a plan to spin off Universal as an independent firm. The label will launch as a solo act on the Amsterdam stock exchange in September.
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The vote marked the end of a noisy battle for control of Universal, which accounts for 30% or so of global recorded-music sales. In January Tencent, a Chinese media and e-commerce giant, increased its stake in the label to 20%. Earlier this month it emerged that Daniel Loeb, a New York hedge-fund billionaire, had built up a stake in Vivendi. Then on June 20th Bill Ackman, a rival hedgie, announced that his special-purpose acquisition company was ....

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