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...A spokesperson said that deal expired earlier this year but as part of the contract it will carry on administering the songs — and collecting a fee for doing so — “for a period of time”....
...But it’s harder than ever to score a hit, and even harder to sustain that into a career, as music competes for attention with games, influencers and just about anything on the internet....
...And for music companies, they’re kind of in the business of just making bets. That’s almost the same as like book publishers....
...And Universal Music filed a complaint and got it removed very swiftly from Spotify and Apple....
...It’s the inaugural year that they’re doing it for non-fiction. And I’m just, like, amazed by the variety of stories and voices....
...I don’t think there’s a universal template for everyone....
...Sources tell the FT that Google and Universal Music are in talks to license artists’ voices for AI-generated songs....
...Cheryl Brumley is the FT’s global head of audio, and our theme song is by Metaphor Music. [MUSIC PLAYING]...
...[MUSIC PLAYING]...
...Initially, she resisted doing anything so “lame” as to enter the family business, unlike her cousins Nicolas Cage or Jason Schwartzman, her aunt Talia Shire, brother Roman, grandparents, uncle and most others...
...And they had a lot of books that were considered sort of universal and human. And I really . . . I related to it as to a human universal document and not at all a Russian one....
...Blau, who last February sold $12mn in NFTs attached to his songs, wants to scale that into a business through which ordinary fans can own music, “as opposed to just record labels, private equity and hedge...
...As for The Weeknd, the star is on a career high after his hit “Blinding Lights” became the most streamed song on Spotify last year. But Grainge believes they need to push further....
...Spotify’s core business is tough. The streamer hands over 70 per cent of its revenues as royalties to the big music companies....
...The major labels — Universal Music, Warner Music and Sony Music — have argued that the rise in profit on the back of streaming has boosted investment in a new generation of artists such as Dua Lipa that...
...As with the business of sustainability itself, never let the perfect be the enemy of the good. ‘Why Are We Yelling?...
...(FT) News round-up Bill Ackman’s Spac close to buying 10% stake in Universal Music (FT) Spac promoter Palihapitiya seeks $800m to target biotech companies (FT) Jack Ma’s Ant Group receives consumer finance...
...(BBG) News round-up Wirecard chair’s house and office raided by German police (FT) Vivendi investors back plan for Universal Music in victory for Bolloré (FT) Senior rejects Lone Star’s £840m takeover...
...In the age of streaming, analysis company Music Business Worldwide estimates the majors — Universal, Sony and Warner Music — are making $1m an hour through streaming services such as Spotify, which is driven...
...Nigeria has a rich cultural history, and in the past 10 years that has fuelled an explosion of talent in art, music, literature and fashion....
...He was really generous with his time, giving out insights into his journey and his career....
...Spotify, the $28bn Swedish streaming music platform, is a business that’s long been caught between a rock and a hard place....
...Before she quit her job at Universal Music Group to become a full-time jazz singer, Lauren Henderson, 33, used to moonlight as a performer at bars and restaurants in New York....
...While Ms Swift does not own her recordings, she does control the publishing rights to her music because she writes all of her songs, meaning she could complicate Mr Braun’s ability to use her songs in television...
...For its US launch, Disney chose the soundstage where The Sound of Music was filmed; NBC Universal opted for the Saturday Night Live set; and Warner Media took journalists on a golf-cart tour of its Warner...
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