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It’s a Growth Story: What’s Behind UMG’s Accelerated IPO Plans?

Vivendi could earn about 9 billion euros ($10.9 billion) from the IPO, if it maintains majority ownership by unloading just just under 30% of UMG at the same 30 billion euros ($36.3 billion) valuation used last year when it sold a 20% stake to a consortium led by Chinese tech giant Tencent Corp. At that head-turning 36-times EBTIDA valuation, a multiple often seen in fast-growing tech companies, Tencent “made people take a step back and look at the valuations of music companies,” says Michael Poster, the head of Michelman & Robinson’s corporate and securities department. That’s not an unreasonable valuation: a rapidly-growing streaming market, believed by Goldman Sachs to reach 1.15 billion subscribers...

HHW Gaming: Xbox Announces Its Own Game-Changing Premium Wireless Headset

Source: Microsoft / Xbox Wireless Headset Next-generation gaming needs next-gen accessories as well. Tuesday (Feb.16), Xbox announced that it would be releasing a pair of premium wireless gaming headphones. Microsoft’s new Xbox Wireless Headset will deliver many upgrades to help take your gaming experience to another level. In a press release, the company boasted that its new headset would deliver “best-in-class audio and chat performance, outstanding design and comfort, and unique experiences that are tailored for each gamer.” According to Xbox, the new headset will deliver a “fine-tuned and configurable auditory experience” that no other Xbox branded headset has delivered before. Xbox Wireless Headset users will be able to play loud and clear through low latency without worrying about lo...

HHW Gaming: Xbox Announces Its Own Game-Changing Premium Wireless Headset

Source: Microsoft / Xbox Wireless Headset Next-generation gaming needs next-gen accessories as well. Tuesday (Feb.16), Xbox announced that it would be releasing a pair of premium wireless gaming headphones. Microsoft’s new Xbox Wireless Headset will deliver many upgrades to help take your gaming experience to another level. In a press release, the company boasted that its new headset would deliver “best-in-class audio and chat performance, outstanding design and comfort, and unique experiences that are tailored for each gamer.” According to Xbox, the new headset will deliver a “fine-tuned and configurable auditory experience” that no other Xbox branded headset has delivered before. Xbox Wireless Headset users will be able to play loud and clear through low latency without worrying about lo...

HHW Gaming: Pedro Pascal Will Play Joel In HBO’s ‘The Last of Us’ Series

Source: Rich Fury / Getty Pedro Pascal just landed another new gig to shine in. Deadline is exclusively reporting that Pascal will take on the lead role in HBO’s forthcoming adaption of the critically acclaimed PlayStation game, The Last of Us, by playing Joel. The news of Pascal’s casting comes on the heels of his The Mandalorian co-star Gina Carano got canned for being a bigot on social media. Pascal is no stranger to the cable network gaining popularity for his role as Oberyn Martell in the hit show Game of Thrones. The Last of Us HBO series will be directly based on the PlayStation exclusive game of the same name developed by Naughty Dog studios. The world is ravaged by a very severe brain infection that originates from a mystery fungus. The game opens up with Joel (Pascal), a single d...

HHW Gaming: Megan Thee Stallion Hosting ‘Mortal Kombat 11: Ultimate’ Livestream Event

Source: Mortal Kombat 11: Ultimate / Warner Bros. Games Real hot girl sh*t is coming to the world of Mortal Kombat 11: Ultimate once again. Warner Bros. Games announced Wednesday (Feb.10) that Megan Thee Stallion is be hosting a Livestream event featuring herself and Achievement Hunter’s Fiona Nova going head-to-head in Mortal Kombat 11 Ultimate. For those wondering just how good Thee Stallion’s video game playing skills are? Here is your chance to find out.  This latest event marks the second time the “Good News” rapper and Warner Bros. Games have teamed up. In November, to celebrate fan-favorite Mileena’s arrival to Mortal Kombat 11: Ultimate, the Houston native, got her cosplay on and dressed up like the half Edenian, half Tarkatan, sporting the deadly assassin’s signature sais, he...

HHW Gaming: SoundCloud Announces First-Ever Gaming Tournament, SoundCloud Player One

Source: SoundCloud / SoundCloud Player One Look out Twitch and YouTube Gaming. Here comes a new challenger. Audio distribution platform and music sharing website Soundcloud is now getting into the world of gaming. Tuesday (Feb.9), the Berlin-based company announced its first-ever live-streamed gaming tournament, Soundcloud Player One. The event will be hosted by recording artist Rico Nasty and Professional Esports Caster MonsterDface. Along with the announcement of the tournament, SoundCloud also revealed who would be participating. When viewers tune in on February 18, they will see a full lineup of artists-turned-gamers going head-to-head in Fortnite Battle Royale. Names like 2KBABY, Chevy Woods, DC The Don, Gxx, Jaywall, Shaylin B, TOKYO’S REVENGE, and whiterosemoxie will duke it out in ...

Last Minute Tech-Inspired Valentine’s Day Gifts For The Techie In Your Life

Source: Westend61 / Getty Valentine’s Day is quickly approaching, and if you’re hard-pressed trying to find the perfect gift for techie bae, we have some gift ideas for you.  When it comes to pleasing techie bae, a gift card to Savage x Fenty, perfume, chocolate, and flowers are cool but won’t blow her socks off like a piece of new technology would. Narrowing down that perfect Valentine’s Day gift could be difficult, but don’t worry, we got some ideas for you that should make you the hero on the annual day dedicated to love. Xbox Valentine’s Day Kit Source: Microsoft / Xbox Wireless Controller – Pulse Red The gift of gaming is always in season, but why not show your boo how much you love her with this exclusive Xbox Valentine’s Day Kit. The kit features the new Xbox Wireless Controlle...

Beatsource to Offer Fully-Licensed DJ Edits in New Deal With Empire, Create Music

The company notes it is also in talks with major labels to offer their catalogs as fully approved and licensed DJ edits by April. Beatsource, the joint venture between Beatport and DJ City that services open-format DJs, has signed deals with independent distributors Empire and Create Music Group to create fully licensed DJ edits of some of the most popular tracks in their respective catalogs, it was announced today. The exclusive edits will be available beginning on Feb. 15 via Beatsource LINK, the streaming service launched by the company early last year. Under the agreements, Empire and Create Music have assembled extended edits of hits by artists including Fat Joe, Rich The Kid, Busta Rhymes, Anderson .Paak, Robin Thicke, DJ Chose, Funkmaster Flex, Tory Lanez and the Insomniac Records c...

HHW Gaming: Xbox Announces Series of Activations That Will Amplify Black Voices & Promote Inclusive Storytelling

Source: Microsoft / Xbox To celebrate Black history month, Xbox wants to let the gaming community know that Black gamers matter. The tragic deaths of George Floyd, Ahmaud Arbery, and Breonna Taylor lead to a wave of social unrest in the United States and around the world. Businesses and even the video game community, out of respect for the movement, stood in solidarity with Black Lives Matter protestors by doing things like releasing free dynamic themes, loading screens, and in-game gear with the rallying cry. While it was something we loved to see, others did feel the moves were just performative for the moment. In light of Black History Month, Xbox wants to hammer home the point they are down for the cause, and that energy when it comes to supporting Black gamers, creatives within the ga...

HHW Gaming: Saweetie Teams Up With Xbox For Inaugural Saweetie Bowl Virtual Gaming Competition

Source: Xbox / Courtesy of Team Saweetie Ahead of Super Bowl LV going down in Tampa, Florida, this Sunday (Feb.7), Saweetie teamed up with Xbox to host her own big game, the Saweetie Bowl. On Thursday (Feb.4), Xbox formally announced its official partnership with multi-platinum artist, entrepreneur, and leader of the Icy Girl movement, Saweetie, with the unveiling of her virtual gaming completion, the Saweetie Bowl. For the inaugural event, Hip-Hop icon and avid gamer Snoop Dogg went head-to-head with New England Patriot’s wide receiver and three-time Super Bowl champion Julian Edelman in a high-stakes game of EA SPORTS Madden NFL 21.  Speaking on the competition, Saweetie added: “We are kicking off this year’s big game the ICY way with an exciting Madden gaming competition toget...

Thanks To Black Creatives Clubhouse Is Reportedly Valued At $1 Billion

Source: Florian Gaertner / Getty Clubhouse is all the wave, and it has no one to thank but Black creatives for its success. When invite-only app Clubhouse first came on the scene nearly a year ago, you could only find venture capitalists using it to talk about investments and public offerings. Founded by Silicon Valley veterans Paul Davison and Rohan Seth Now, the app is the talk of Twitter after Black creatives plus regular users have found a way to make multiple uses of the audio-only social media medium. Recently it has managed to raise a reported $100 million in backing led by VC firm Andreessen Horowitz and as is reportedly now valued at $1 billion. Once you get the golden ticket to partake in the current iOS only (sorry Android users) app, you might find yourself in a room, getting g...

HHW Gaming: Microsoft Says Xbox Series X Shortage Will Continue Into June

Source: Bernard Smalls / @PhotosByBeanz83 If you thought the new year would bring you some good news when trying to buy an Xbox Series X, we have some bad news for you. It’s still incredibly hard trying to secure an Xbox Series X or a PS5, which will likely not change anytime soon. Speaking with the New York Times, Microsoft’s head of investor relations, Mike Spencer, revealed that the next-gen console supply will still be very limited at least through June. This news isn’t that surprising because Microsoft warned of an Xbox Series X shortage back in November, stating that we would continue to see shortages heading into “Microsoft’s Q3, calendar Q1,” claiming the company should have more consoles April through June. Spencer’s news means that customers should expect the grind to buy an...