Business

DEAG founder Peter Schwenkow and Swiss private equity firm Ufenau plan European live and family entertainment group, with up to €100m of equity to...

Swiss private equity firm Ufenau Capital Partners and DEAG founder Peter Schwenkow have unveiled plans to build a European group in the live...

HarbourView, on track to surpass $4B in assets under management, acquires David Kershenbaum’s producer royalties – including Tracy Chapman’s Fast Car

HarbourView Equity Partners has acquired David Kershenbaum‘s interest in producer royalties and related rights across a run of master recordings he produced.They include...

Tim Cook is staying at Apple as executive chair with a $47 million target pay package

Tim Cook may be giving up Apple’s top job, but the company isn’t letting its longtime CEO fall far from the tree just...

Italy turns invasive blue crab into multimillion-dollar business

Italian fishermen for two years incinerated most of the invasive Atlantic blue crabs caught in the Po River Delta south of Venice. Few...

Udio continues to argue that its AI training was ‘quintessential fair use’ – and says, even if it infringed Sony Music’s recordings, damages should...

Udio is contesting Sony Music‘s claim that it copied 30,117 of the major’s sound recordings to train its generative AI models.The AI music...

Thieves made off with 40,000 pounds of Pabst Blue Ribbon beer in California

Sometimes, there’s nothing better than an ice-cold beer in the summer heat. Other times, there’s nothing more anxiety-inducing than trying to drink 4,496.33...

South Korea may be getting too old to take advantage of its AI boom

South Korea is one of the biggest winners of the AI boom. It’s home to Samsung Electronics and SK Hynix, the two largest...

Sony Music Publishing and Warner Chappell sue Anthropic in multi-billion dollar lawsuit

Sony Music Publishing and Warner Chappell Music have joined forces to sue Anthropic, home of Claude, over what the publishers call “one of...

Judge clears UMG and Sony to accuse Suno of pirating YouTube via ‘stream ripping’ to train its AI

Universal Music Group and Sony Music Entertainment have formally added a claim to their copyright lawsuit against Suno accusing the AI music company...
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