Report
UMG : Do the majors have a TikTok problem?
>TikTok: a key challenge for UMG and the majors - We give an update on the relationship between the majors, UMG included, with Chinese platform TikTok, which has become of central importance to the music market given how large the amounts involved have become ($ 12bn in sales). TikTok now boasts the largest number of users on this market with 1 billion users (outside China), much more than Spotify (400 million). TikTok has established itself as a central element in th...
Underlying
UNIVERSAL MUSIC GROUP NV
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Jerôme Bodin
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