Gary Cohn, Trump’s Top Economic Adviser, to Resign
WASHINGTON — Gary Cohn, President Donald Trump’s chief economic adviser, plans to resign in the coming weeks. The New York Times first reported on Tuesday of his plans to depart. Cohn would be the...
View ArticleGoldman Sachs-Backed Cloner Uses War Chest, Ad Buys to Overshadow Original Games
UPDATE: “Game cloning” (copying the core mechanics and gameplay loop of a released or in-development title) continues to be a rampant problem, especially on mobile storefronts. The latest victim is...
View ArticleClouting Our Judgment: Are Labels Overspending for SoundCloud Hype? (Guest...
A recent Goldman Sachs report projected that recorded music would balloon to an $80 billion business in the next 10 years. But walk through the halls of a major label’s urban department these days and...
View ArticleGoldman Sachs Donates $150,000 to Team Rubicon Through Quarantunes Fundraiser
Investment banking giant Goldman Sachs has donated $100,000 to the Team Rubicon emergency response organization through the latest installment of the “Quarantunes” fundraising effort spearheaded by WME...
View ArticleMusic Revenue to Drop 25% in 2020, but Long-Term Outlook Is Good: Goldman-Sachs
Investment giant Goldman-Sachs has been one of the great cheerleaders for the revival of the music industry, and its projections played no small role in some of the industry’s recent successes — not...
View ArticleGoldman Sachs Veteran Andy Gordon Joins RedBird Capital as Partner
The increasingly Hollywood-friendly RedBird Capital Partners is making a big splash on the West Coast. The private investment firm is opening a Los Angeles shop with a big new hire as anchor, the...
View ArticleUniversal Music Group Valued at $53 Billion in New Goldman Sachs Report
Goldman Sachs’ annual “Music in the Air” study is widely recognized in the music industry as an optimistic but authoritative survey of the business — and yet again, it will make Universal Music Group...
View ArticleAri Emanuel Promises ‘Aggressive’ Expansion into Nonscripted After Endeavor...
Endeavor has no plans to exit the content creation business once it completes the required sale of its production unit. Mandated by the franchise agreement the company signed with the Writers Guild of...
View ArticleOzy COO Samir Rao Takes Leave of Absence as Company Launches Review of...
A day after a New York Times article revealed that Ozy Media chief operating officer Samir Rao impersonated a YouTube executive on a call with potential Goldman Sachs investors, the company has...
View ArticleGlobal Music Biz Revenue to Double to $131 Billion in 2030, Says Bullish...
Even as reports from Wall Street grow dark amid worries of a recession, Goldman Sachs predicts a booming decade for the music industry, with total music revenue to double to about $131 billion by 2030....
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