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...Universal, which controls a third of the world’s music, last month stopped licensing its music to TikTok after a year of tense negotiations....
...It was launched after music-streaming app Spotify made a formal complaint to regulators in 2019....
...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....
...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...
...Basic processes such as signing off of music used for adverts or addressing technical glitches have required co-ordination with counterparts in China, several people said....
...Next month, the EU is also set to impose its first fine — which people familiar with the matter suggest will be in the region of €500mn — for allegedly breaking EU law over access to its music streaming...
...Google, Universal Music and Warner Music declined to comment....
An unwinding of the Ticketmaster deal no longer looks far-fetched
...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...
...Universal Music is the largest record company, controlling about a third of the world’s music....
...She said this amounted to abuse of the group’s dominant position for music streaming on its App Store....
...The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com...
...At first glance, the €1.8bn fine for stifling competition in music streaming is not a lethal problem for the company....
...This basic issue applied to music streaming, transaction steering, watch-phone pairing, digital wallets, and so-called “superapps”....
...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....
...The show’s theme song is by Metaphor Music....
...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....
...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....
...Companies such as BMW and Ford enable cars to sync to smartphones, allowing drivers to play music or unlock their vehicle. Eventually, that could extend to autonomous driving controls too....
...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....
...(My MySpace page, for example, once host to my dreadful mid-teen music taste and my even worse politics, is now just a series of broken links and inaccessible images.)...
...Making calls and listening to music is already possible. Consultancy Precedence Research expects telecoms to be the largest market for AI hardware....
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