Bill Ackman Makes Case for Universal Music Investment, The Future of Music

Much of Pershing Square’s three-hour, 128-slide presentation Wednesday — which included a 15-minute intermission and 45 minutes for financial details and a Q&A session — served as a necessary primer on copyright, intellectual property, the intricacies of royalty payments and the state of music in the age of streaming and smartphones.

Source: Bill Ackman Makes Case for Universal Music Investment, The Future of Music

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