Universal Music Group Is Shopping For a Buyer to Fund International Expansion

Universal Music Group is the world’s biggest music label. It is home to Taylor Swift, Lady Gaga, Drake, and Kendrick Lamar. It is larger than Warner Music and Sony Music. Now, word is hitting the street that the buyout fund KKR and China’s Tencent Music Entertainment Group are submitting bids to buy up to 50% of Universal Music Group (UMG) …