Taylor Alison Swift is an American singer-songwriter. She is known for narrative songs about her personal life, which have received widespread media coverage. At age 14, Swift became the youngest artist signed by the Sony/ATV Music publishing house and, at 15, she signed her first record deal.
Her 2006 eponymous debut album was the longest-charting album of the 2000s in the US. Its third single, "Our Song", made her the youngest person to single-handedly write and perform a number-one song on the Billboard Hot Country Songs chart. Swift's second album, Fearless, was released in 2008.
Buoyed by the pop crossover success of the singles "Love Story" and "You Belong with Me", it became the US' best-selling album of 2009 and was certified diamond in the US. The album won four Grammy Awards, and Swift became the youngest Album of the Year winner.
Vivendi said Friday that aTencent-led consortium had exercised its option to acquire an additional 10 percent stake of Universal Music Group.
TheFrench entertainment and telecom conglomerate confirmed the deal was based on an enterprise value for UMG of €30 billion, or $36.76 billion at current exchange rates, which values the 10 percent stake in the music major at $3.7 billion.
The consortium buying the stake is led by Tencent and includes Tencent Music Entertainment and "other financial co-investors," the companies said.
UMG is part of the "Big Three" record labelsthat dominate the music industry along with Sony Music and Warner Music Group. The company's roster of artists includes Drake, Billie Eilish, Halsey and Taylor Swift.
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