Deal Snapshot
Universal Music India Acquires Majority Stake in Indian Music and Entertainment Firm TM Ventures
Thursday 29 September 2022

Dutch-American music-based entertainment group Universal Music Group's (OTC: UNVGY) Universal Music India division has acquired a majority stake in one of Indian music and entertainment company TM Ventures, the group said.

Together UMI and TM Ventures will work across its talent management, entertainment consultancy and live/events businesses, accelerating UMI's leadership of the domestic Indian non-film music business, and providing TM clients with the resources of UMI locally as well as UMG globally.

Date Published: 29/09/2022