Beats-Apple winners

REVENUE STREAM: Who benefits most from the pending Beats-Apple deal? Anyone with a sizable stake in the parent company, Beats Electronics. Jimmy Iovine, Dr. Dre and the Beats team will naturally enjoy a windfall. So will the stakeholders the Carlyle Group, which, having invested $500m, makes more than $1.1b outright on a seven-month investment. UMG’s Lucian Grainge looks particularly far-seeing for empowering Iovine to build value for the company (it stands to make in the neighborhood of $400-500m). WMG owner Len Blavatnik’s Access Industries consortium will realize a smaller gain, having invested $160m in Beats Music (not electronics). (5/14a)

BACK TO RUMOR MILL

		UMG AND TIKTOK WORK IT OUT The kerfuffle is in the past. (5/2a) Check It Out Now LUCIAN SOUNDS OFF ON UMG/TIKTOK DEAL A breakdown from the boss (5/2a) Check It Out Now JAMES KING: THE HITS INTERVIEW (PART ONE) London calling (5/2a) Check It Out Now TOP 20: IT’S STILL TAYLOR’S WORLD Large and in charge (5/2a) Check It Out Now THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL That's what friends are for. (5/1a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

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Beats-Apple winners

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