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Telefonica Brasil S.A. American Depositary Shares (Each representing One) News

Vivendi and Sony Will be Winners As Music Streaming Takes Off Says Goldman Sachs

Streaming sales will increase nine-fold by 2030 to $28 billion with most of the benefits flowing back to the major music labels.

Spotify Moves One Step Closer to IPO With Possible Warner Royalty Deal

The licensing pact could happen by September.

Bollore

The French billionaire and Vivendi chairman has failed to explain why a pay-TV and music business like Vivendi needs an advertising firm like Havas.

Universal Music keeps Vivendi on song

Shares in the media group are up 10% following strong quarterly earnings underpinned by impressive music streaming growth and cost cutting.

Amazon's new streaming service may force Apple and Spotify to face the music

The e-commerce giant's expanded on-demand music service will be cheaper than Spotify and Apple Music for Amazon Prime members, and even less expensive for owners of an Echo device.

Breaking News

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Roe v. Wade: Google Makes a Major Decision to Protect Privacy

Google will delete a person's location history for going to an abortion clinic.

Elon Musk Drops The Curtain On His Natures

The billionaire and CEO of Tesla remains an enigma despite its omnipresence on social media.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.