Universal Music Group received two strong ratings by credit ratings agencies on Tuesday, the company’s first as a stand-alone company since spinning off from Vivendi last September.
UMG an A-2 short term credit rating and BBB long term credit rating with stable outlook. A-2, S&P’s second-highest short-term credit rating, means the company has a “satisfactory” capacity to meet its financial commitments. S&P defines BBB as having “adequate capacity to meet financial commitments, but more subject to adverse economic conditions” than AAA, AA and A long-term ratings.
Both Moody’s and S&P believe UMG will post a mid-single-digit growth rate in the coming two years . Both agencies based their rating on the growth coming from increased consumer adoption of on-demand streaming platforms and new licensing opportunities in social media, fitness and gaming.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
A galvanized generation is recovering music from composers suppressed by the NazisViolinist Adam Millstein is among a generation of musicians elevating the works of composers whose lives and careers were halted by or lost to fascist regimes of the 20th century. Some of these pieces will be featured in Numi Opera's “Journey Out of Darkness” at the Broad Stage.
Baca lebih lajut »
The Future of Music Videos: Ganser Tap the Potential of Immersive LED TechPost-punk band Ganser used the same futuristic system used for TheMandalorian to film a pair of ambitious videos on a budget.
Baca lebih lajut »
Playtime Engineering debuts two new music makers for kids | EngadgetPlaytime Engineering has unveiled a pair of toy music makers, the Blipbox SK2 synthesizer and the Blipbox myTrack groovebox designed to help even the youngest musically-inclined minds produce, record, save and share their electronic beats and melodies.
Baca lebih lajut »
Small north Texas company fighting lawsuit over name from major music company - KRLD News - Omny.fmA two-man business in Denton County is facing off against a major music company.
Baca lebih lajut »
DJ Chose Breaks Records In Hip Hop While Exploring New Music“Everybody say they started from the bottom. Show me the bottom then. Show me where you started from, ‘cause this is what the bottom looked like for me.” The quote is the opening line of DJ Chose’s hit song “Minor SetBack” and the intro with just the producer/rapper’s voice went...
Baca lebih lajut »
Music listings - Chicago ReaderChicago community calendar Comprehensive listings of concerts and music events from a wide variety of event organizers—including Reader readers. Click “Promote your event” below to submit event listings. You can also browse full, unfiltered event listings in all categories and browse a page of event listings prefiltered for arts categories. See also Early Warnings, Chicago’s […]
Baca lebih lajut »