Category: Uncategorized

What does Ackman think about UMG and WMG? In short, he thinks they’re both under-valued – but that, out of the two, UMG’s the better bet. And he believes that his investors’ chances of making a long-term loss on their near-$4 billion combined investment into Universal is “minimal”. Source: Bill Ackman: Universal and Warner are both Read More …

Thanks to historically low interest rates and the fervor of investors seeking a new steady stream of income, artists across the spectrum are doing what was once unthinkable — selling their music catalogs. But the window may be closing soon for musicians hoping to maximize their returns on what’s likely their most precious asset. Source: Read More …

CryptoPunks is one of the biggest things in NFT crypto collectibles, with the Ethereum-based pixel avatars—released in 2017, well before this year’s NFT market boom—recently surpassing the $1 billion mark in total transaction volume to date. What’s the next potential stop for the CryptoPunks, then? Hollywood. Source: CryptoPunks Go Hollywood as Larva Labs Signs With Major Talent Agency – Decrypt

Fiction has been adapted into popular films and TV for years – but now there is growing interest in bespoke scores for novels. The Scottish micro label Bibliotapes has made literature-inspired music into an entire business. The label’s objective – asking musicians to compose new scores to classic novels – is an idea so simple it could almost Read More …

Total movie consumer 2021 spending will rise to $60.4 billion — up from $46 billion in 2020 — with streaming subscription video rising and theatrical business recovering, according to Omdia, the global marketing research company. This year’s totals will still be down 8% ($5 billion) from 2019’s $65.4 billion level. Source: Television News Daily: Global Movie Read More …