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...Day has become the corporate equivalent of going to Glastonbury,” said Tim Snowball, head of public affairs at MHP Group, referring to the rush to secure a spot every year at one of the world’s biggest music...
...This compares with fair value as of 30 September 2023 of $2.62bn, and $2.55bn after bonuses....
...“If some giant corporation is going to take all their content and put it in the blender, artists have to be paid.”...
...The stations will offer on-demand music programmes available on BBC Sounds, with material from the corporation’s archive over the past six decades, and some new commissions....
...This effort stopped in September, with the site put into care and maintenance....
...The Concord offer was at a premium of about a third to the Hipgnosis share price before the bid was announced, and a 4.3 per cent premium to the fund’s September net asset value....
...In the nine months to September 30 2023, Universal’s revenue rose 7 per cent year over year. In comparison, its revenue growth in the comparable period of 2022 was 24 per cent....
...In September, Universal struck a deal with French music streaming service Deezer that marked the first major change in streaming royalties since the advent of the industry in the late noughties....
...The record November performance followed falls in corporation tax receipts of €1bn in both August and October this year, and a €250mn slide in September....
...‘A Worm’s Eye View from a Bird’s Beak’ runs to April 14, swissinstitute.net; March 16 to September 1, nnkm.no...
...The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com...
...In September, U2 opened the Sphere there, the most technologically advanced arena to date. (It was designed by Populous.)...
...Blackstone makes another bet on the music business Hipgnosis’ tumultuous year just took another turn: the music rights investor seems to be at the cusp of a bidding war....
...The BBC has failed to move its promised spending on music and radio out of London to fund projects in other parts of the UK, according to the public spending watchdog....
...Shot Tower, which carried out the new work, estimates a midpoint value of the portfolio of $1.9bn, or a reduction of 26.3 per cent to the valuation at September 30 2023....
...In 2021, the body responsible for the Square Mile scrapped plans to replace the museum with a £288mn concert hall dubbed the “Tate Modern for classical music”....
...Hipgnosis Songs Fund, the listed UK music rights investment company, has agreed to a $1.4bn takeover from Apollo-backed rival Concord Chorus....
...The music, from du Pré’s own repertoire, includes works by Elgar, Mendelssohn and Rachmaninoff....
...While they purport to tell human stories about invention and business acumen, the products are really the stars of the show, often presented with religious reverence and swelling music cues....
..., movie and music divisions....
...The company was told by a new adviser that the value of its portfolio was $1.9bn, a 26.3 per cent drop from its last valuation in September 2023....
...Traders are now a little less confident that the Federal Reserve will cut interest rates before September....
...But now, as if with a click of ruby slippers, appears Eternal Sunshine — an apparently impulsive release made between September and December last year....
...In September, the board proposed to sell $440mn in music rights to its Blackstone-backed sister fund Hipgnosis Songs Capital in an attempt to tackle the large discount....
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