Bill Ackman‘s Pershing Square has disclosed six new stock investments in its first quarterly shareholder letter as a publicly listed company. None of the six is a music company. The new positions in Visa, Mastercard, Netflix, S&P Global, Intercontinental Exchange, and Alcon were disclosed in a letter published on Wednesday (August 12). Pershing Square Inc. … Continued
BMG is the first significant rightsholder to ink a licensing deal with Suno since Warner Music Group announced an alliance with the AI company nine months ago.
Hook founder and CEO Gaurav Sharma explains why fan-made creations and remixes on social media are becoming the music industry’s next major consumption category…