huh? The actual songwriters are the ones who get screwed the most. The owner of the publishing rights is the one that makes bank. And Apple. This is a great move. Ackman is thinking long term. For investors. A granny stock. I bet Berkshire (Buffett) buys in now. You watch the 13-G's and see what happens.
You may not pay, but every radio station has to pay up, ditto Sirius XM, Spotify.... bars, restaurants.... elevators.... any venue, the nfl, nba, they all pay. you name it. Besides, this deal is not done yet. He might still buy White Castle like I told him to.
PSTH reddit a little more substantive this morning. less rocket ship memes. one interesting point is they are trying to make sure they will be able to get their UMG shares when it trades on a foreign market. this is for the people with apps like robinhood, etc. but i imagine that's simple, it will probably just trade on the OTC?