NOTHING TO IT: Warner Music stock keeps rising, and the company had to do absolutely nothing to trigger the dramatic rise. All it took was the Tuesday annoucement of Citi’s takeover of EMI, which inevitably led to yet another round of heated speculation about a WMG-EMI pairing. As of 11:16 a.m. EST, Warner shares were up $.38 on today’s trading to $5.96, a 6.8% change, en route to an expected close north of $6. On Monday, the day before the announcement, WMG stock closed at $5.23. (2/3a)
MUSIC REVENUE TOPPED $17B IN 2023: RIAA
Streaming subscriptions lead the charge. (3/27a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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