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Paris (dpa) - The French media group Vivendi wants to bring its subsidiary Universal Music Group (UMG) to the stock exchange.
The label has the Beatles, Lady Gaga and Rihanna in its catalog.
As Vivendi announced in Paris, 60 percent of UMG's capital could be distributed to the Group's shareholders by the end of the year.
The plan should be presented to an extraordinary general meeting on March 29th.
UMG's share could be listed on the Amsterdam Euronext stock exchange.
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Vivendi intends to take over the French magazine division of the Hamburg magazine publisher Gruner + Jahr.
The major shareholder in Vivendi is the Bolloré group of the Breton billionaire Vincent Bolloré.
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