Suno raises at a $5.4bn valuation, more than doubling its worth in six months
AI music startup Suno raised capital at a $5.4bn valuation, more than double its $2.45bn worth six months ago, after settling with Warner and Universal.
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Universal Music Group
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Universal Music Rejects $65B Ackman Bid; Mercedes-Benz Faces US Ban Risk
Universal Music Group (UMG) announced on Friday that its board has unanimously declined an unsolicited, non-binding proposal from Pershing Square Capital
Spotify Technology S.A. (SPOT) Gains Attention Following AI Remix Collaboration With Universal Music Group
TheFly reported on May 22 that Rosenblatt increased its price target on SPOT to $534 from $500 and maintained a Neutral stance on the stock.
Bill Ackman's $64 Billion Push To Take Over Universal Music Group Just Hit A Wall As Key Shareholder Says
Cyrille Bollore urged Universal Music Group to reject Bill Ackman's $64 billion takeover bid as undervalued.