Oxford scientist set for £15m payday in Vaccitech flotation April 8, 2021 Professor Sarah Gilbert, the Oxford scientist behind Astrazeneca’s coronavirus jab, is set to land a payday of as much as $20m (£15m) as her vaccine start-up prepares for its stock market debut. Gilbert is understood to be sitting on millions of dollars worth of shares in biotech firm Vaccitech, which is expected to list in [...]
Apple leads $50m funding round in record label disruptor United Masters March 31, 2021 Apple has led a $50m (£36m) investment in United Masters, an independent music platform aiming to challenge the dominance of major record labels. United Masters, which was founded in 2017 by former label executive Steve Stoute, provides a platform for artists to distribute their music while retaining ownership of their master recording rights. This is [...]
Explainer: What is the G7 global tax deal and what will it mean? June 5, 2021 Finance ministers from the Group of Seven (G7) rich nations reached a landmark accord today backing the creation of a global minimum corporate tax rate of at least 15 per cent, an agreement that could then form the basis of a worldwide deal. Such a deal aims to end what US treasury secretary Janet Yellen [...]
Screenshot: Is it time for a music streaming reshuffle? January 22, 2021 This week **Media Moment of the Week: Elon Musk’s personal keyboard warrior **Music streaming royalties strike a bum note **The BBC screw turns again Media Moment of the Week Elon Musk is no stranger to social media spats. His indiscretions on Twitter have moved stock markets, led to a highly-publicised defamation suit and landed him [...]
Chancellor on the brink? It’s not what you think January 26, 2022 Jason Meyers explores what January 3 2009 means to a decentralised world, and if there's a solution to keeping the Chancellor off the brink.
Hipgnosis adds Metallica and Michael Buble rights as it launches share sale January 21, 2021 Music royalties fund Hipgnosis has acquired the producer rights to a string of tracks by Metallica and Michael Buble as it announced a new share issue to help fund its non-stop buying spree. The London-listed firm has acquired 100 per cent of a catalogue of songs made by Canadian record producer and mixer Bob Rock. [...]
We discover the perfect family-friendly ski retreat in Austria’s Arlberg January 10, 2022 “So glad you’re here”: the oft repeated words from hotel and restaurant owners who have just emerged from a strict lockdown and are, for the first time in months, welcoming tourists. We had chosen the Arlberg region (specifically St. Anton and St. Christoph) for a pre-Christmas ski when all things Covid were looking up. As [...]
Weightlifting: Virgin Active shareholders ‘set to inject’ £65m to see firm through pandemic February 11, 2021 Virgin Active shareholders are considering plans to inject £65m into the global gym chain as treadmills stand still during the pandemic, according to reports. Investors have tabled a proposed rescue package to lenders and landlords that would see them providing millions in funding over the next few months, Sky News reported. Landlords will likely be [...]
A crackdown on music streaming services would harm Britain’s hard-won creative success July 14, 2021 Britain’s music industry is a lynchpin in our culture and national identity, but it is also a huge driver of our economy, a source of digital innovation, and a major asset for our global competitiveness. As the PM has announced the removal of all limits on gatherings indoors and outdoors, we need to play an [...]
Alphawave shares lift slightly, after 22 per cent plunge in London stock market debut May 14, 2021 Following a turbulent market debut yesterday, Alphawave’s shares rebounded slightly in its second day of trading in the capital. The tech firm’s share price bounced to 366.2p per share this morning, down 1.03 per cent, after prices fell as low as 310.85p yesterday. Over half a billion pounds was wiped from the Canadian computer chip [...]