Aquarian and Raven Capital have launched a music investment fund called Raven Music Partners, which has $250 million in committed funding. Reps for the involved parties reached out with word of Raven Music Partners, which is said to have offices in New York, LA, and South Florida. Founded by former Guggenheim VP Rudy Sahay, Aquarian says it has close to $22 billion in AUM across its “strategic portfolio of insurance and asset management solutions.”
Source: Aquarian, Raven Capital Debut Raven Music Partners Catalog JV
Canada supplies most of the newsprint used in America and there’s no easy way for the U.S. to quickly replace its production. Local newspapers already cut to the bone and then some in recent years. Especially hard hit are small papers in rural and suburban communities. Abruptly raising their largest material cost by 25% for no apparent reason will be the last straw for some.
A group of European Union lawmakers wrote to top U.S. officials to push back on accusations that the bloc is using its new digital competition rules to treat American tech giants unfairly, saying that some U.S. companies are calling for its enforcement. The letter, seen by Dow Jones Newswires, was sent to U.S. Department of Justice Attorney General Pamela Bondi and Commerce Secretary Howard Lutnick on Wednesday.
Sony Music has challenged the UK government’s proposed copyright reforms, revealing it has already requested the removal of more than 75,000 AI-generated deepfakes of its artists’ content. The music giant warned that proposed changes to copyright laws would be “rushed, unbalanced and irreversible” and could significantly harm the British creative economy.
Sen. Wyden (D-Oregon) wants the guidance to include how long a license lasts, what circumstances might expire or revoke the license, and if a consumer can transfer or resell the license. The letter also calls for the information “before and at the point of sale” in a way that’s easily understandable. “To put it simply, prior to agreeing to any transaction, consumers should understand what they are paying for and what is guaranteed after the sale,” Wyden says.