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YouTube to Pull Streaming Data from Billboard Charts in Escalating Industry Dispute
In a dramatic escalation of tensions over music industry economics, YouTube announced on Tuesday it will withdraw all streaming data from Billboard's charts beginning January 16, marking the end of...
Read moreDetailsE-Learning Platforms Coursera and Udemy to Merge in $2.5B All-Stock Deal
Two of the world's largest e-learning platforms, Coursera Inc. and Udemy Inc., revealed on Thursday that they have agreed to combine operations in a $2.5 billion all-stock merger that promises...
Read moreDetailsNetflix Faces Legal Challenge Over Massive Warner Bros Discovery Acquisition
Netflix finds itself in the crosshairs of a consumer lawsuit that aims to block its proposed $72 billion acquisition of Warner Bros Discovery's studio and streaming operations, marking the latest...
Read moreDetailsFCMB Completes N160bn Public Offer, On Track to Meet CBN’s N500bn Capital Requirement
FCMB Group Plc announced on Friday that it has successfully concluded its N160 billion public offer, marking a critical milestone in the financial institution's efforts to meet the Central Bank...
Read moreDetailsNetflix to Acquire Warner Bros. in Historic $82.7 Billion Entertainment Industry Mega-Deal
In what industry analysts are calling a watershed moment for the entertainment business, Netflix announced on Friday it has reached a definitive agreement to acquire Warner Bros. from Warner Bros....
Read moreDetailsFBNQuest, First Trustees Seek to Block Nestoil from Enforcing $1.01bn Asset Freeze Reversal
In a dramatic escalation of a high-stakes financial dispute, FBNQuest Merchant Bank Limited and First Trustees Limited have filed an urgent motion at the Court of Appeal in Lagos, seeking...
Read moreDetailsAmazon Raises $15 Billion in Bond Sale to Fund AI Infrastructure Push
Amazon is poised to raise $15 billion through its first U.S. dollar bond offering since 2022, according to Bloomberg News, joining a wave of technology giants turning to debt markets...
Read moreDetailsKim Kardashian’s Skims Hits $5 Billion Valuation After Securing $225 Million Investment
Kim Kardashian’s shapewear and apparel brand, Skims, continues its meteoric rise in the global fashion and lifestyle industry, after raising $225 million in fresh capital, pushing the company’s valuation to...
Read moreDetailsSony Music Hits All-Time High Earnings on Streaming Growth, Anime Success
Sony Music Group has reported record-breaking quarterly earnings, marking a significant milestone for the Japanese entertainment giant, as surging music streaming revenues and the global success of its anime property...
Read moreDetailsSpotify and Music Publishers Strike Licensing Deal Amid Ongoing Battle Over Royalty Rates
In a move that signals both cooperation and continued conflict, Spotify and the National Music Publishers' Association (NMPA) announced a new licensing framework on Monday that will allow independent music...
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