FINANCIAL – Page 62 – RAMP – Radio and Music Pros

UMG Looking At 2022 IPO

• Vivendi, the parent company of Universal Music Group confirmed longstanding rumors that it plans to take UMG public in

• The E.W. Scripps Company has formally closed on its sale of Stitcher to SiriusXM for $325 million. At the

• Shares of Big Hit Entertainment, the agency behind K-Pop superstars BTS, soared during their stock market debut on Thursday

• Amid a pandemic that has crippled so many arts organizations, A&M Records co-Founder Jerry Moss and his wife, Tina,

• BMG announced that it’s eliminating a longstanding U.S. record label deduction which serves to reduce the income of songwriters,

• Bloomberg reports that Howard Stern is closing in on a mega-contract renewal with SiriusXM Holdings Inc. that would boost

• Fifteen years ago, Scott Borchetta opened the doors of a small office on Music Row for a start-up label

• iHeartMedia, Inc. has named Cheryl Mills, founder and Chief Executive Officer of the BlackIvy Group LLC, to its Board

• The Independent Broadcasters Association (IBA) and Gen Media Partners (GMP) announce the formation of IBA Radio Sales, a national

• Last week Cleveland radio icon John Gorman and staff announced that, due to the devastating economic effect of the