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A look at UMG and WMG's struggles as public companies amid AI fears, as investors favor predictable catalogs over labels whose earnings swing with star releases (Lucas Shaw/Bloomberg)

Mediagazer · last updated

Lucas Shaw / Bloomberg:
A look at UMG and WMG’s struggles as public companies amid AI fears, as investors favor predictable catalogs over labels whose earnings swing with star releases  —  The two public record labels are struggling to excite investors  —  Good afternoon from Los Angeles and happy election week.