Hipgnosis bidding war shows these corporate jukeboxes are valuable after all


by @cityam

@cityam— The bidding war between Blackstone and Concord for Hipgnosis shows that the music asset class has not lost its allure, Jess Jones writes

@cityam—Blackstone turns up the volume in bidding war for Hipgnosis. Blackstone is gearing up to submit a bigger bid for the London-listed fund that owns the rights to songs by Justin Bieber and Shakira.

Music Business Worldwide—From the bidding war for Hipgnosis Songs Fund to ByteDance’s battle for TikTok in the US it’s MBW’s Weekly Round-Up. The five biggest stories to hit our headlines over the past seven days Source

MIT Technology Review—My deepfake shows how valuable our data is in the age of AI. This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Deepfakes are getting good. Like, really good. Earlier this month I went to a studio in East London to get myself digitally cloned by the AI video startup Synthesia. They made…