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Creative Industries

Key figures — Week 14, 2026

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$2.2 trillion That's the cumulative revenues generated by the iPhone for Apple between its launch in 2007 and September 2025, according to stats from The New York Times. Apple's market cap is over $3.7 trillion. $86 billion That's how much OpenAI is planning to lose in 2028, according to The Wall Street Journal, citing financial documents shared with investors. €56 billion That's how much Bill Ackman's Pershing Square is offering to acquire Universal Music Group in a cash and stock transact...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

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Creative Industries

Universal Music Group confirms receiving ‘unsolicited and non-binding’ acquisition proposal from Pershing Square

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Universal Music Group has confirmed that its Board of Directors has received "an unsolicited and non-binding proposal" from Pershing Square Capital Management, L.P. to acquire the company for €56 billion in cash and stock. "The Board of Directors, together with its advisors, will review the proposal in accordance with its fiduciary duties and analyse its implications for shareholders, employees, artists, songwriters and other stakeholders," said UMG in a statement. The statement continued: "The...

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Warner Chappell Music renews global publishing deal with Laufey

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Warner Chappell Music (WCM), the publishing division of Warner Music Group, has renewed its global publishing deal with Icelandic-Chinese composer, singer, producer, and multi-instrumentalist Laufey Lín Bing Jónsdóttir, known as Laufey. “Excited to be in continued business with the wonderful, progressively minded people at Warner Chappell. Thank you to Gabz, Guy, Carianne, Ryan and David for their belief and partnership," said Laufey. Raised between Reykjavik, Iceland and Washington, D.C., Laufe...

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Creative Industries

Calendar — Week 14, 2026

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2026 APRIL 2026 – April 9-10: Tallinn Music Week in Estonia.

- April 21: Assemblies of the Member States of the World Intellectual Property Organisation (WIPO) in Geneva, Switzerland. – April 22-24: IMS Ibiza 2026, presented in partnership with AlphaTheta, at the Mondrian & Hyde Ibiza. - April 26: World Intellectual Property Day initiated and coordinated by the World Intellectual Property Organisation (WIPO). This year's theme is 'IP and Sports: Ready, Set, Innovate'. ...

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