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...Last year, the business bought companies including US-based music production software manufacturer Harrison, whose music-mixing consoles have been used to record songs by artists from Michael Jackson to...
...“We’ve seen a number of financial institutional investors who put a lot of money into music rights and didn’t make returns because a) they didn’t know the business particularly well and b) they overpaid....
...Spotify and Netflix, the pioneers of streaming for music and television, respectively, have entered a more mature phase for their businesses....
...Make sure you check back tomorrow for the latest business news. [MUSIC PLAYING]...
...Spotify, Apple and Amazon have made the music business the most wealthy it’s been in 25 years.”...
...The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com...
...If demand falls, then supply will take care of itself. Simon Taylor Management Practice Professor of Finance Judge Business School,University of Cambridge, Cambridgeshire, UK...
...Could Lowe, a pioneer of electronic music alongside Giorgio Moroder and New Order, make the argument for AI-generated music versus proper music?...
...“It’s a response to the commodification of music that’s taking place through technological innovations, if I may call them that, of the last couple of decades,” Burnett says....
...Her sales have reached levels unheard of since the 1990s, when the popularity of CDs left the US music business flush with cash....
...KKR has quietly got out of the music business....
...It’s worth noting also that while Hipgnosis imploded and sector peers like Concord have responded to higher-for-longer interest rates by bulking up, the music-as-annuity business model has kept working for...
...He built an empire of concert venues and festivals that made him one of the main players in UK live music; and then started from scratch again after it collapsed....
...Model 2 was set to be the big step forward in taking additional share....
...While the ticketing business generated just 13 per cent of group revenue last year, it accounted for 60 per cent of total adjusted operating income (AOI)....
...CEG, which was founded in 2006 by entrepreneur Philip Moross, also operates a business creating and managing portfolios of “wellness music”, which aids sleep or focus....
...Stepping into the converted garage of music mogul Jimmy Iovine’s Los Angeles mansion is like being transported to a skating rink in the late 1970s....
...Lainey Wilson said last year: “It’s like everybody, all of a sudden, is wanting a horse and wanting to wear a cowboy hat.” The music business has indeed noticed....
...When promoting any business with Ponzi-like economics there might be no such thing as bad publicity, though there’s still such a thing as bad music....
...Swift, whose sales made up an estimated 2 per cent of the entire US music business last year, bigger than the entire genre of jazz or classical music, was crowned the industry’s most powerful person by Billboard...
...I had my music to escape — and the families I found in the theatres: exotic people, paradise birds who made the night the realm of fulfilment....
...In the world of Korean pop, superstardom is very much still in business....
...Though this appears a case of him selling high and buying low. The way people listen to music today has inverted the previous business model....
...Another way of putting a price on this freely given care is to calculate your “Grandparent Salary” on SunLife’s website....
...For example, Nordic Capital made around seven times its money when it sold vet care business AniCura to Mars in a €2bn deal....
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