Universal Music Group to go public with Amsterdam listing

The London Stock Exchange may be the listing venue of choice for companies like Hipgnosis and Round Hill Music, but Universal Music Group will be going public on a different European exchange – later this year. Parent company Vivendi confirmed its plans to spin off UMG on the Euronext exchange in Amsterdam, in an announcement that came […]

WMG share price leaps on first day of public trading

Warner Music Group had a good first day of trading following its IPO this week. The company priced its shares at $25, valuing the major label group at $12.75bn. By the end of the day, WMG’s share price had risen to $30.86, sending its valuation to around $15.36bn. The IPO is being watched closely by […]

Warner Music Group delayed IPO share-pricing until today

Last week, Warner Music Group filed to go public in its IPO: you can read our analysis of the filing’s juicier bits here. According to the Financial Times, WMG was planning to announce the pricing for its shares in the IPO yesterday – which would in turn reveal the valuation of the company – but decided to […]

WMG approved for Nasdaq IPO listing as financials announced

Warner Music Group announced its latest quarterly financial results yesterday, but in the earnings call, CEO Steve Cooper kept his cards close to his chest regarding the label’s upcoming IPO. “The current market conditions are obvious, so our board and management will continue to monitor the situation,” Cooper told analysts. However, there was some news later: “We have […]

Report claims Warner Music Group is delaying its IPO

Warner Music Group may be delaying the plans to go public that it announced earlier this year. The label group has not made an official announcement, and indeed hadn’t yet confirmed specific timescale for its IPO anyway. CNBC’s report claimed that WMG and another about-to-IPO company, shoemaker Cole Haan, “had hoped to communicate to the market […]

A BTS-fuelled IPO is still on for Big Hit Entertainment

Warner Music Group is having an IPO. Universal Music Group will be having an IPO. And now K-Pop giant Big Hit Entertainment’s plans for its own initial public offering appear to be progressing too. The company, whose biggest star is BTS, has now chosen the banks and brokerage firms who’ll be handling its IPO, according […]

iHeartMedia files for IPO and reveals figures for iHeartRadio

When Music Ally thinks about ideal preparations for going public, bankruptcy protection isn’t high on the list. But US radio group iHeartMedia is trumping our assumptions: this week, it filed to go public, in an IPO that could raise up to $100m. The news comes just a couple of months after the company won approval for […]

Pinterest IPO filing reveals plenty of data

We’ve learned not to describe Pinterest as a social network: the company is more often described as a ‘visual search engine’ – although its chosen pitch is as a place “where more than 250 million people around the world go to get inspiration for their lives”. That pitch is from Pinterest’s S1 filing as it prepares to […]

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