Latest news with #BolloréGroup
Yahoo
28-07-2025
- Business
- Yahoo
UNIVERSAL MUSIC GROUP N.V. ANNOUNCES RESIGNATION OF CYRILLE BOLLORÉ FROM ITS BOARD OF DIRECTORS
HILVERSUM, Netherlands, July 28, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced that Non-Executive Director Cyrille Bolloré notified the company of his resignation from its Board of Directors with immediate effect to focus his time and energy on the Bolloré Group. Mr. Bolloré remains strongly supportive of UMG's management team and strategy. The UMG Board is very grateful for Mr. Bolloré's contributions to the Company. About Universal Music GroupAt Universal Music Group, we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content. Featuring the most comprehensive catalogue of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation, and entrepreneurship, UMG fosters the development of services, platforms, and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. For more information, visit Cautionary NoticeThis press release is published by Universal Music Group N.V. and contains inside information within the meaning of article 7(1) of Regulation (EU) No 596/2014 (Market Abuse Regulation). View original content to download multimedia: SOURCE Universal Music Group N.V. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
16-04-2025
- Business
- Bloomberg
Sex-for-Work Claims in West Africa's Rubber Industry
A company majority-owned by billionaire Vincent Bolloré's Bolloré Group and Hubert Fabri is the subject of allegations of labor abuses at some of its African rubber plantations, including by female workers who say they were forced to engage in sex for work. An activist seeking to address the alleged abuses contends she has been targeted with litigation to keep her quiet, which the company denied. (Source: Bloomberg)
