Vivendi CEO: 'Worst is Over' For Music Biz
The head of Vivendi say that he expects his Universal Music Group division to grow because the worst is over for the recorded music business, Wired is reporting, after the label posted a five percent revenue gain for the first half of 2008.
“We are working with all the big names in the field of internet, in the field of telecom equipment companies, big media companies and this is a big opportunity,” Jean Bernard Lévy told the Financial Times.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in