Hints and tips:
Related Special Reports
...Big music companies earn billions of dollars a year through royalty payments from streaming service and social media platform operators including Spotify, Apple and Meta....
...The model will aim to compete with several available text-to-video services from start-ups, including Runway, Pika, and Stability AI. These other services already offer commercial uses for content....
...The plans would reduce the burden of the universal service obligation, which forces the company to deliver items everywhere in the UK for the same price....
...Universal earlier this year asked Spotify and other streaming services to cut off access to its music catalogue for developers using it to train AI technology....
...Apple introduced spatial audio to its music streaming service in 2021, at no additional cost to subscribers. Amazon’s music service also offers spatial audio....
...The top US consumer finance watchdog has raised doubts about megamergers in the credit card industry, just as Capital One attempts to close its $35.3bn takeover of card issuer Discover Financial Services...
...The decision highlights how Britain’s professional services industry is grappling with tighter rules concerning the hiring of overseas workers....
...Big music companies earn billions of dollars a year through royalty payments from streaming services and social media groups including Spotify, Apple and Meta....
...Analysts expect quarterly recorded-music revenues up 6 per cent year-on-year to €2bn, of which about €1.1bn will come from paid streaming services....
...After an unusually warm winter, Washington’s cherry blossoms hit peak bloom about a month ago, the second-earliest flowering in more than a century, according to the National Park Service....
...The big music companies earn billions of dollars a year through royalty payments from streaming services and social media sites including Spotify, Apple and Meta....
...In doing so, the world’s largest music company is making an implicit bet: the next superstar could emerge far away from its California headquarters. anna.nicolaou@ft.com...
...Wednesday’s proposals are the company’s submission under a review by the regulator of the so-called Universal Service Obligation....
...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....
...One of the largest private western investors in Ukraine has claimed that corrupt officials in the country’s security services and President Volodymyr Zelenskyy’s administration are trying to extort tens...
...But the company was ultimately unable to get permission to operate locally....
...For shareholders, including Křetínský who owns 27 per cent, much rests on the outcome of a plea to regulator Ofcom to lessen the universal service obligation, getting costs down and profits up....
...The risk is that customers will defect to rival music streaming services run by cash rich tech heavyweights. The company’s market valuation reflects hopes of significant future profits....
...It also does not have the burden of legacy cable television networks that Paramount, Disney, Warner Bros and Universal do....
...streaming services such as Spotify....
...Other music companies have also been cutting jobs — notably Spotify, the streaming service that fired more than 2,000 workers last year....
...If they withdraw, Thames Water could be forced to enter the government’s special administration regime, a form of temporary renationalisation....
...the Donald Trump administration in 2017....
...There were 1,567 company administrations in England and Wales in 2023, up from a low of 796 in 2021, according to official data....
...The company this week reported burning almost $4bn in cash in the first quarter....
International Edition