By Nick Kostov

 

PARIS--Vivendi SA (VIV.FR) Thursday said it acquired a majority stake in online radio platform Radionomy Group for an undisclosed sum.

Radionomy is an internet platform that allows digital radios to broadcast their programs in several countries.

Vivendi acquired a 64.4% stake. Other shareholders include the company's founder Alexandre Saboundjian, its employees and Union Square Ventures.

 

Write to Nick Kostov at nick.kostov@wsj.com

 

(END) Dow Jones Newswires

December 17, 2015 12:37 ET (17:37 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.
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