An Entertainment IPO Boom Ahead? 'There Is Good Logic'

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As Hollywood plots to restart film and TV production amid the novel coronavirus pandemic, the entertainment industry may be in for a wave of initial public offerings

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South Korean talent agency Big Hit Entertainment, the label of K-pop group BTS, filed for a preliminary review of a planned IPO at the end of May. And media conglomerate Vivendi has said it plans an IPO of its Universal Music Group, led by CEO Lucian Grainge, by early 2023. Some Wall Street observers even say Spanish-language media giant Univision, which had eyed a stock market listing before it was sold to an investor group led by former Viacom CFO Wade Davis in February, could in the coming years consider going public again.

 

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