Industry News

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Energy Crisis Energy Crisis, Energy, China
The world's second-largest economy witnessing an energy crisis
China's Liaoning province declared the fifth shortage alert in two weeks. The largest provincial economy of China issued a warning regarding the shortfall, which could reach nearly 5 gigawatts (GW).
music industry news Streaming Services, Universal Music Group, Music Business, Advent, Turn Ons, Music
Universal Music Group - Resurgence of the Recorded Music Business
Universal Music unexpected fly through streaming apps After 15 years of efforts put into the resurgence of the recorded music business, Universal Music Group shares escalated 38% more than the referenced price. The fortune began to take a turn in 2016 with the advent of streaming services. Most of the shares are distributed to Vivendi’s current shareholders making Vivendi Se the minority shareholder.