Published 5 days ago • loading... • Updated 5 days ago
A look at UMG and WMG's struggles as public companies amid AI fears, as investors favor predictable catalogs over labels whose earnings swing with star releases (Lucas Shaw/Bloomberg)
Lucas Shaw / Bloomberg:
A look at UMG and WMG's struggles as public companies amid AI fears, as investors favor predictable catalogs over labels whose earnings swing with star releases — The two public record labels are struggling to excite investors — Good afternoon from Los Angeles and happy election week.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.