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TikTok Inc
Universal Music impasse with TikTok threatens to take more tracks off platform
...The stand-off is among the most heated clashes between tech giants and media groups in recent memory, as they battle for control over the future of entertainment....
February 28, 2024
Apple Inc
Independent record labels push back on Apple’s pay plans
...Some of the most influential independent record groups — Beggars Group, the company behind Vampire Weekend and Adele; Secretly, which houses acts including Phoebe Bridgers and Bon Iver; and Partisan Records...
February 2, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Apple Inc
EU to hit Apple with first ever fine in €500mn music streaming penalty
...In a separate antitrust case, Brussels is consulting with Apple’s rivals over the tech giant’s concessions to appease worries that it is blocking financial groups from its Apple Pay mobile system....
February 18, 2024
News in-depthApple Inc
Apple targets Google staff to build AI team
...Of these, founders from Musicmetric, Emotient, Silk Labs, PullString, CamerAI, Fashwell, Spectral Edge, Inductiv Inc, Vilynx, AI Music and WaveOne all still work at Apple, according to their LinkedIn profiles...
April 30, 2024
Brookfield Asset Management Inc
Brookfield in talks to buy majority stake in $22bn airline lender
...Other investment outfits inside Brookfield’s credit group include European credit manager LCM Partners, a stake in music royalty group Primary Wave, and a technology-focused lender called Pinegrove, in which...
April 11, 2024
Apple Inc
EU seeks to investigate Apple over cutting off web apps
...The EU’s probe into web apps would come after the March 6 deadline for companies to comply with the terms of the DMA, landmark legislation designed to tackle the power of Big Tech groups....
February 26, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Artificial intelligence
Google and Universal Music negotiate deal over AI ‘deepfakes’
...Google, Universal Music and Warner Music declined to comment....
August 8, 2023
InterviewUnited Talent Agency Inc
Talent agency UTA plans push into sports as UK becomes focal point
...“Streaming has really globalised the business — in the rest of Europe, going into Asia and into Africa, there’s so much happening in terms of culture, media, fashion, music, sports,” he said in an interview...
July 4, 2023
Warner Bros Discovery, Inc
Warner Bros Discovery weighs sale of music library to pare debt
...In 2004 parent company Time Warner sold the music division, but the group retained its copyrights to a trove of songs, such as the soundtracks to the Batman films....
January 12, 2023
Universal Music Group
Universal Music ends boycott of TikTok with new licensing deal
...Universal Music Group has ended its months-long boycott of TikTok, returning music from some of the world’s top artists to the billion-plus users on the Chinese-owned social media platform....
May 2, 2024
LexLive Nation Entertainment Inc
Live Nation deserves to face the antitrust music Premium content
...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....
April 18, 2024
Drug trafficking
Inside the Ecuadorean port city fighting a drug-driven crime wave
...Another big Ecuadorean gang, Los Lobos, is believed by analysts to be in business with Mexico’s Nueva Generación Jalisco cartel....
January 22, 2024
TikTok Inc
Universal Music set to pull songs from TikTok after negotiations break down
...Universal Music is set to pull its songs from TikTok after a breakdown in negotiations over payment, which would remove the social media platform’s access to music from stars such as Taylor Swift, The Weeknd...
January 31, 2024
Taylor Swift
Taylor Swift’s return to TikTok puts her at odds with Universal
...Taylor Swift has reinstated her music on TikTok, putting her at odds with her own record label, Universal Music, which went to war with the social media group in February, muting her songs and the rest of...
April 11, 2024
Apple Inc
Apple fined €1.8bn for breaking EU law over music streaming
...She said this amounted to abuse of the group’s dominant position for music streaming on its App Store....
March 4, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
News in-depthApple Inc
How Apple’s ‘tone deaf’ iPad ad signals a turning point
...Jobs, Apple was lauded for campaigns such as “Think Different” in the 1990s and for the “Silhouette” iPod ads that made its white earphones a status symbol and guaranteed success for their accompanying music...
May 10, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...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....
March 25, 2024
LexApple Inc
For Apple, a €1.8bn EU fine is just the start Premium content
...Alibaba shares rose after Chinese regulators fined Ant Group. Penalties often end uncertainty about the outcome of investigations....
March 5, 2024
Apple Inc
Apple shares rise as revenue falls less than feared despite rocky quarter
...The US Department of Justice brought an antitrust lawsuit against the tech group in March....
May 3, 2024
AI and jobs
Tech companies axe 34,000 jobs since start of year in pivot to AI
...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....
February 11, 2024
Disrupted Times
Brussels blasts Big Tech
...Today’s moves come a few weeks after the EU fined Apple more than €1.8bn for stifling competition from rival music streaming services in a long-running case dating from 2021....
March 25, 2024
Apple Inc
‘Sell Apple’
...Apple already sells TV and music streaming, cloud storage, gaming, payments, advertising, etc. What worlds are left to conquer?...
February 27, 2024
Apple Inc
US accuses Apple of building smartphone market monopoly in antitrust case
...The landmark lawsuit filed on Thursday in federal court in New Jersey by the US Department of Justice, along with a bipartisan group of 16 state and district attorneys, accuses the group of imposing contractual...
March 21, 2024
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...Their first partnership is with Transmoderna, a collective rooted in electronic music, which has already crossed into the art world with work shown at institutions including the Pompidou-Metz and the Max...
April 18, 2024
Leonard Blavatnik
Leonard Blavatnik’s entertainment empire plans media acquisition spree
...Danny Cohen, the former director of the BBC’s TV output, said the group would also consider larger acquisitions in Hollywood, pointing to the 2011 takeover of Warner Music for $3.3bn as a template for his...
November 19, 2023

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