|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||24.65 - 25.53|
|52 Week Range||22.55 - 26.45|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||42.27|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.10|
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Hybe Co Ltd-owned Bighit Music, which manages BTS, did not disclose the financial terms of the deal but said Universal and its American record label Interscope would distribute and market BTS' music in the United States and other regions. The deal expands the entertainment company's existing partnership with Universal, as it seeks to boost the popularity of K-pop music globally.
South Korean boy band BTS has agreed to a distribution and marketing deal with Universal Music Group for the U.S. and other regions, parting ways with Sony Music’s Columbia Records.
French media group Vivendi, which spun-off Universal Music Group last month, said on Thursday third-quarter sales rose by 10% from a year earlier, driven by strong growth at its pay-TV unit Canal Plus. Sales at Canal Plus, now Vivendi's biggest business unit, rose 6.5%, boosted by its international activities and a 35% jump in revenue from Studiocanal, which produces and distributes Canal Plus movies, as cinemas reopened. With a market value of about 12 billion euros, Vivendi is worth a little more than a third of its value before the spin-off of Universal, its most-prized asset.