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...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....
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...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....
...ByteDance does not publicly disclose its financial results....
...We truly have a market system that has been captured by large corporations, something that I experience nearly every day in my own working life....
...But a few universal constants will always apply. I was blithely ignorant of these as a cub reporter. They have come into sharp focus since. Individual incentives favour collective instability....
Admonitions about staff trading in their employer’s shares may now need to be broadened
...Having big stars gives labels better leverage in negotiating financial deals with the streaming platforms....
...The board of the Federal Deposit Insurance Corporation on Thursday was scheduled to vote on the proposals, one from Republican member Jonathan McKernan and the other from Rohit Chopra, a Democrat....
...Well, I actually think that crossover is a wonderful word because there is nothing more fantastic than treating music as one universal language.”...
...It was taken over in 2012 by Leucadia National Corporation, an oil-to-beef conglomerate, but the merged company pared back its other investments to focus solely on investment banking work....
...BlackRock said it had “paid all of its UK corporation tax, including the payment some time ago of all tax due in relation to this matter”, and that the “purpose of this hearing relates to the operation of...
...“We believe this marks the beginning of a new era for Vivendi, from a financial and industrial standpoint.”...
...The Financial Times reported in December that KKR was looking at cashing out its music investment after receiving approaches. “They’ve obviously made a return on it....
...Non-financial gifts, such as volunteering, have yet to return to pre-pandemic levels, while the decline of cash means there are fewer one-off donations and more giving by direct debit or standing order....
...“I want to personally apologise to our team members who felt we let them down,” NBCUniversal News chair Cesar Conde told staff on Tuesday in a memo seen by the Financial Times....
...Only in the 1950s did it embark on its policy of low corporation tax, luring many foreign companies, from which it benefits so much today....
...McKernan told the Financial Times he wants to monitor compliance with those “passivity letters” by asset managers....
...Davie’s speech comes as the broadcaster contends with huge financial challenges as a result of a government-imposed two-year freeze in the licence fee, which is payable by all households who watch live TV...
...Miles Celic, chief executive of financial services lobby group The CityUK, welcomed the announcements....
...leave the group well positioned to reach a target of doubling revenues by the 2027-28 financial year, when the corporation’s charter is up for renewal....
...KKR was also holding talks with large corporations and other private equity buyers about potential asset sales, they said....
...I am reading in the FT that Martin Gruenberg, chair of the US financial regulator, the Federal Deposit Insurance Corporation, has criticised the rescue of Credit Suisse (“Credit Suisse rescue deal was unhelpful...
...“If some giant corporation is going to take all their content and put it in the blender, artists have to be paid.”...
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