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...A jump in sales at BCG’s AI division also partly offset a slowdown in other parts of the business last year amid a tougher economic backdrop....
...Universal, which controls a third of the world’s music, last month stopped licensing its music to TikTok after a year of tense negotiations....
...But we are a long-term investor.” He added: “We make a decent three times our cost of capital in music.”...
...But the tech group is not paying more money in total: rather, that extra 10 per cent will come out of a fixed pot of money. As a result, songs that are not “spatial” will receive less money....
...It was launched after music-streaming app Spotify made a formal complaint to regulators in 2019....
...Ogilvy, which has previously worked with a host of pharma groups including Pfizer and Johnson & Johnson, is launching a business that offers vetted influencers to talk about illnesses and possible solutions...
...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
...Kansas-based Spirit manufactures jet parts and was a part of Boeing until its 2005 divestiture to private equity. Yet today, 70 per cent of revenue in its largest division comes from Boeing....
...They are a rare thing: a Pakistani qawwali group now based in the UK....
...Clearly Spirit is in a world of pain at the moment, and the ongoing regulatory risk on its largest programme — the 737 — makes things worse,” Stallard wrote in a note....
...Their support act Violeta Vicci, who guests on it, joined them on violin for a 10-minute section of the set. Someone in the audience blew bubbles, a low-grade tribute to the ludic spirit of rave....
...Yet Reddit’s actions represent a quiet repudiation of the subversively iconoclastic spirit that has made Reddit so iconic....
...The airline had initially signed up to a stock merger with Frontier Group, a similar deep discounter like Spirit....
...This is the first time in the modern streaming era that Universal has gone so far as to remove its music — which includes millions of songs from many of the biggest music stars — from a tech company’s platform...
...Stringer heads up Sony’s music division, one of the most profitable for the Japanese group, thanks to artists including Harry Styles, Adele and Beyoncé and licensing successes such as Kate Bush’s “Running...
...It was spun out of Boeing in 2005 as the US group looked to shift fixed costs of its manufacturing facilities and labour to the variable cost of procuring parts from a supplier....
...spirit, where I really had a wake-up call as a young German, an artist and a woman.”...
...Big music companies earn billions of dollars a year through royalty payments from streaming services and social media groups including Spotify, Apple and Meta....
..., according to a January 2023 letter from the consumer advocate group FlyersRights.org....
...While other spirits have experienced a similar cycle, there are worries that another shifts may be endangering cognac — especially the rise of tequila....
...There is a “Trains and Buses” group of ex-transport ministers, and a cross-party “Mating Porcupines” group. There are “The Birthday Club”, “Room 34”, “January 15th” and “Tally-ho” groups....
...Spirit supplies the main fuselage of the Max in the US and Boeing accounts for nearly two-thirds of its business, but the Belfast factory makes wings and mid-fuselage sections for the European group’s A220...
...She said this amounted to abuse of the group’s dominant position for music streaming on its App Store....
...Spirit is a defendant in a securities lawsuit, refiled last month, that accuses the company of hiding quality lapses from investors....
...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....
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