
Universal Music Group's Strategic Acquisition Plan: Expanding in High-Potential Markets
Universal Music Group’s Strategic Acquisition in Thailand Universal Music Group (UMG) has recently finalized a significant $70 million acquisition of Thailand’s second-largest recorded music catalog, marking a strategic move to enhance its presence in high-potential markets. This acquisition comes after UMG’s earlier purchase of a 70% stake in RS Group for approximately $45 million last year,…