TikTok's new music strategy has record labels scared of being left behind

Music has been core to TikTok’s identity since its inception. What started as a lipsyncing app called Musical.ly morphed into ...
Bloomberg L.P.

Universal Music Shares Jump as Subscriptions Boost Sales

Universal Music Group NV’s shares jumped as much as 7.1% on Wednesday after it reported first-quarter sales that beat analyst estimates, boosted by strong subscriber growth. Revenue at the record ...

Universal Music Group rejects Bill Ackman’s offer as too low

Universal Music Group NV rejected an unsolicited offer from Bill Ackman’s Pershing Square Capital Management, saying it’s not in the best interest of its shareholders or artists, who include Taylor ...
U.S. News & World Report

Major Music Labels Strike Licensing Deals With AI Streaming Startup Klay, Bloomberg News Reports

(Reuters) -Universal Music Group, Sony Music and Warner Music Group have licensed their catalogs to Klay, an AI-powered music streaming startup that will let users remake songs using artificial ...
Nasdaq

MUSQ Global Music Industry ETF and OKYO Pharma Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV

In an exclusive interview, David Schulhof, Founder and CEO of MUSQ LLC, the company behind the MUSQ Global Music Industry ETF, appears on the RedChip Small Stocks Big Money™ show on Bloomberg TV to ...