Business

America’s vanishing cattle herd drives 15% price hikes for beef

While US inflation has cooled from its pandemic-era peak, prices at grocery store meat counters are skyrocketing with no relief in sight. Beef costs have risen faster than...

From UMG’s approved Downtown deal to Spotify’s AI ambitions… it’s MBW’s weekly round-up

Welcome to Music Business Worldwide’s Weekly Round-up – where we make sure you caught the five biggest stories to hit our headlines...

We’ve probably already seen ‘peak Trump,’ says Pimco

Markets had a lot to contend with over the past 12 months: tariffs, White House attacks on the U.S. Federal Reserve, and rising...

The CEO of Google DeepMind juggles another job as the founder of a multibillion-dollar startup by starting a second workday at 10 p.m.

While many CEOs set their alarm clocks for a 5 a.m. wake-up time, Google DeepMind CEO Demis Hassabis has just hit the pillow...

Olivier Chastan’s Iconoclast in sale talks at price tag of around $500 million

MBW understands that Olivier Chastan’s music rights acquisition vehicle, Iconoclast, is in discussions over a potential sale, with a price tag of approximately...

SoundExchange expands global neighboring rights coverage via 17 new agreements with CMOs in markets including Barbados, Denmark, Kenya, Portugal, and more

Performance rights collection organization SoundExchange has added 17 new agreements with collective management organizations worldwide in recent months, extending its coverage to more...

Warren Buffett’s Japan bet nets Berkshire Hathaway $24 billion

Warren Buffett may have said he was “going quiet” after he retired from his role as Berkshire Hathaway CEO last year, but the...

Pirate Group Anna’s Archive fails to respond to labels’ copyright lawsuit, paving way for default judgment

Shadow library Anna’s Archive has been formally placed in default after failing to respond to a copyright lawsuit filed by major record labels...

Warner and Bain increase JV fund by $200M. Will Red Hot Chili Peppers deal be next?

Warner Music Group and Bain Capital are upping their joint spending power.The two parties have today (February 5) confirmed in an SEC filing...

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