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...This is the first time in the streaming era that Universal has gone as far as removing its music from a tech company’s platform....
...“It’s going to benefit the biggest player, Universal, because they’re the ones with the resources to invest in that....
...BCG is working with global tech giants and AI companies — from Microsoft and Google to OpenAI and Anthropic — to integrate their technology into company operations and processes....
...Universal and two other music companies allege that Anthropic scrapes their songs without permission and uses them to generate “identical or nearly identical copies of those lyrics” via Claude, its rival...
...One person with knowledge of its strategy said the company was deciding how to commercialise the technology....
...Peyton added: “That’s where Liu’s originality lies, in its looking beyond China’s own borders to universal themes.”...
...For Google, creating a music product could help the company compete with rivals such as Microsoft, which has invested $10bn in leading AI company OpenAI, owner of the market-leading AI model known as GPT...
...Universal Music is the largest record company, controlling about a third of the world’s music....
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...Universal on Tuesday accused TikTok of “bullying” and said the company wanted to pay a “fraction” of the rate that other social media sites pay for access to its music catalogue....
...A complex challenge In 2022, the former heads of a climate data initiative at US tech company Palantir founded a start-up to evaluate companies’ exposure to the energy transition — both positive and negative...
...Bank of America has had a go at estimating how much The Tortured Poets Department, Swift’s latest album, is worth to Universal Music Group, her record label since 2018....
...TikTok has failed in its attempts to restart negotiations with Universal Music, according to people familiar with the matter, leaving two of the most powerful companies in entertainment deadlocked over money...
...However, Swift has defied her label, Universal, with the rollout of TTPD....
...The controversy speaks to the challenge news companies face in covering Trump and those affiliated with him, as the former president continues to question the 2020 election results and air his resentment...
...There are fewer large influential owners, including families or founders, who wield influence over the company....
...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....
...Like really, we should be thought of as an AI or robotics company....
...Pophouse’s chief executive Per Sundin was previously managing director of Universal Music Sweden and president of Universal Music Nordics from 2008 to 2019....
...As they garner more information about their companies — assuming it is positive — they hold fast. Of course it cuts both ways....
...The successful spin-off of Universal Music, whose shares have increased 10 per cent since listing in Amsterdam, means Vivendi believes “a separation of [French pay-TV station] Canal+ and advertising agency...
...This raises the question: why would Universal, a publicly traded company with a market value of some $50bn, partner up with a former energy trader to bankroll its acquisitions?...
...But the company was ultimately unable to get permission to operate locally....
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