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...This is the first time in the streaming era that Universal has gone as far as removing its music from a tech company’s platform....
...It is one of the most significant financial penalties levied by the EU on big tech companies....
...Apple last month told music companies that it would pay up to 10 per cent more in royalties for songs produced in spatial audio....
...Basic processes such as signing off of music used for adverts or addressing technical glitches have required co-ordination with counterparts in China, several people said....
...Many of the businesses now underwrite their own debt deals, lending either directly to companies or against a host of assets....
...Next month, the EU is also set to impose its first fine — which people familiar with the matter suggest will be in the region of €500mn — for allegedly breaking EU law over access to its music streaming...
...An unwinding of the deal that created the company no longer looks far-fetched....
...Universal Music is the largest record company, controlling about a third of the world’s music....
...Warner Music, the third-largest record company, last year announced it had struck a new deal with TikTok....
...The commission began its investigation into Apple in 2019 after music streaming app Spotify launched a complaint accusing the company of anti-competitive behaviour....
...At university in Albuquerque, he studied music composition....
...A trio of academics — Huang Gow-Cheng, Kartono Liano and Pan Ming-Shiun — found no improvement in operating performance relative to non-splitting companies in the four years post-split....
...Featuring compositions spanning more than 40 years, the disc will feature a variety of string ensembles, a piano trio and a recent work for voice composed in 2020....
...At first glance, the €1.8bn fine for stifling competition in music streaming is not a lethal problem for the company....
...Like them, the new sports streaming companies hope that there is safety in numbers....
...On Friday, the drummer re-examines piano trio orthodoxy in the free-flowing company of pianist Aaron Diehl and Matt Brewer on double bass — the recent album Mesmerism and newly released Continuing indicate...
...Companies such as BMW and Ford enable cars to sync to smartphones, allowing drivers to play music or unlock their vehicle. Eventually, that could extend to autonomous driving controls too....
...In Europe, the competition authorities have fined the company €1.8bn for suppressing competition from rival music streaming services on its platform....
...The moves come after the commission hit Apple with a €1.8bn fine for preventing music streaming apps such as Spotify from informing users about cheaper deals....
...Amazon, Microsoft, Meta, Google parent Alphabet and music streaming service Spotify are among the companies that have signalled plans to strike such a balance this year....
...The European Union plans to hit Apple with a €500mn fine over music streaming, German companies make record investments in the US, and emerging market investors switch to ETFs that exclude China....
...The show’s theme song is by Metaphor Music....
...And in recent years, the securitisation market has become a welcoming home to deals backed by everything from music rights to software companies’ private credit loans....
...Smartphone companies will not hand this market to newcomers....
...Apple already sells TV and music streaming, cloud storage, gaming, payments, advertising, etc. What worlds are left to conquer?...
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