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Red Hot Chili Peppers Sell Catalog to Hipgnosis

Red Hot Chili Peppers Sell Catalog to Hipgnosis
Red Hot Chili Peppers Sell Catalog to Hipgnosis
The $140 million sale marks the latest sale from a major legacy artist to a music investment fund - and one of the biggest purchases for Merck Mercuriadis to date
Ethan Millman, provided by
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The Red Hot Chili Peppers are selling their publishing rights to Merck Mercuriadis’s Hipgnosis Songs Fund for around $140 million, a source close to the situation tells
Rolling Stone. The transaction marks the latest catalog sale from a major legacy artist and one of the highest profile acquisitions to date for Mercuriadis. ....

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Warner Music Group Reports Results For The Second Quarter

WARNER MUSIC GROUP has released second-quarter financial results for the period ended MARCH 31st, 2021.
Following a strong first quarter, I’m happy to report that our momentum continued in Q2, and our business is stronger than ever, said CEO STEVE COOPER. Despite the ongoing pandemic, we generated double-digit revenue growth in both recorded music and music publishing. Our success was driven by chart-topping new releases from our incredible artists and songwriters, as well as bold and imaginative execution from our world-class operators. We’re excited about the rest of year, as we have a fantastic slate of new music coming from established superstars and emerging talent.” ....

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MG Motor reveals more details about Cyberster concept car

MG Motor reveals more details about Cyberster concept car
02 May 2021 - 10:46
The Peninsula
MG Motor presents its cuttingedge Cyberster concept car, which premiered at the 2021 Shanghai Auto Show in April.
Developed by the team at the MG Advanced Design Centre in London, the Cyberster is a two-door, two-seater sports car recalling the brand’s heritage and featuring styling cues from the classic MGB Roadster. The Cyberster introduces supercar-level performance from a fully-electric MG.
Its intelligent all-electric architecture delivers an Electric Vehicle range of 800km (500 miles) and a 0-100km/h time (0-62mph) in less than three seconds. It will also feature 5G interconnectivity. ....

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Mission confirms appointment of board role | 30 April 2021

Mission confirms appointment of board role ....

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Indian Army finalises mega procurement plan to replace ageing weapons

Indian Army finalises mega procurement plan to replace ageing weapons
Indian Army finalises mega procurement plan to replace ageing weapons
The Broad Process To Acquire Around 7 Lakh Rifles, 44,000 Light Machine Guns (LMGs) And Nearly 44,600 Carbines Has Been Finalised For The Indian Army And The Defence Ministry Is On The Same Page With The Army In Moving Ahead With The Procurement, Official Sources Said.
PTI
| Updated on: 29 Oct 2017, 03:00:56 PM
New Delhi:
Indian Army has finalised one of its biggest procurement plans for infantry modernisation under which a large number of light machine guns, battle carbines and assault rifles are being purchased at a cost of nearly Rs 40,000 crore to replace its ageing and obsolete weapons. ....

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