Who will eventually acquire Warner Bros. Discovery? The film has now more twists than your average Hollywood movie. In a first sequence, Netflix won an initial $82.7 billion bid for the company, approved by both WBD's management and board, setting in motion a wave of reactions, including from President Donald Trump.
But Paramount, which was also bidding for WBD, has mounted a hostile takeover of WBD, offering $30 a share for WBD, in an all-cash transaction valuing the company at $108bn, in a pro...

The European Composer and Songwriter Alliance (ECSA) has expressed "concern" over the lack of transparency of the multiple recent licensing deals between the three major companies and AI platforms Udio, Suno and KLAY and called for a remuneration model that would involve "parity between publishing and master rights."
Sony Music Group (SMG), Universal Music Group (UMG) and Warner Music Group (WMG), alongside the Recording Industry Association of America (RIAA), sued Suno and Udio in November 2024...

The European Commission's preliminary view on the proposed acquisition of Downtown Music Holdings by Universal Music Group (UMG) through its affiliate Virgin Music Group, is that the merger "may restrict competition in the market for the wholesale distribution of recorded music."
The determination was made by the Commission's competition division in a Statement of Objections sent to UMG. In European lingo, a Statement of Objections is a formal step in a competition investigation, through which t...