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...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....
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...Christoph Schweizer told the Financial Times that AI and generative AI were “a huge boost” to revenues in the past year as companies move from experimenting with the technology to “at-scale deployment”....
...Universal is separately working with Google to license its artists’ voices and melodies to be used in AI-generated songs, the Financial Times reported in August....
...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...
...The group said it had sought the IDS board’s backing for a possible cash offer....
...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...
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Purchase shines light on wealth accumulated by longtime chief executive Rich Handler
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...Deep down in a press release about Universal Music and little-known investor Dundee acquiring songs owned by the private equity group, it was put plainly: “KKR will exit [its music catalogue] Chord upon...
...Having big stars gives labels better leverage in negotiating financial deals with the streaming platforms....
...The group of senior class A and subordinate class B bonds are securitised at the operating companies....
...Goldman Sachs and Citadel Securities are among a group of 10 large trading groups backing bond pioneer Howard Lutnick’s renewed tilt on CME’s monopoly on the US Treasury futures market....
...The group estimated the rule would cost airlines $33bn over 10 years....
...businesses, Universal Music Group, two years ago....
...Pharmaceuticals groups Pfizer and Moderna, which have both faced criticism from fringe groups over their Covid-19 vaccines, also spent heavily on security for their CEOs last year....
...Warner, the third-largest music group after Universal and Sony, said the approach was preliminary and non-binding, and that it had asked for a limited amount of information to conduct due diligence with...
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...Well, I actually think that crossover is a wonderful word because there is nothing more fantastic than treating music as one universal language.”...
...The ‘nuclear option’ Universal’s showdown with TikTok is testing who has the most power in today’s music economy, the Wall Street Journal reports....
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