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Universal Music’s Artificial Intelligence Dealmaking Streak Continues With Stability AI Pact — ‘Next-Generation Professional Music Creation Tools’ Are on the Way

The AI partnerships are continuing to pour in: Moments after revealing a massive licensing deal with Udio, Universal Music Group (UMG) has unveiled a strategic alliance with Stability AI. UMG reached out with word of the newer pact this morning, hot on the heels of its and Udio’s “industry-first strategic agreements.” DMN broke down the […]

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Crisis time at WPP as Q3 revenue drains away

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WPP is now in the intensive care ward with new head surgeon CEO Cindy Rose announcing a strategic review following a disastrous Q3 performance with revenue diving 8.4% compared to last year, 11% including pass-through costs. Its preferred organic measure of growth fell to -6% but that’s largely academic when revenue is draining away at …

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