Another injection of optimism for music rights: Warner gets BBB long-term credit rating from Fitch

Just last week, prominent music industry analyst William Packer of BNP Paribas Exane upgraded Universal Music Group‘s stock for the second time in a year. In a vote of confidence in UMG’s future value, Packer lifted his stock rating from “neutral” to “outperform”. That news came just a few days after we reported the confidence expressed…

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