advertisement
FYI

Media Beat: March 18, 2021

Media Beat: March 18, 2021

By David Farrell

Much Ado about Meghan & Harry

Here’s how Russell Brand sees it!

And on a serious note…Ed Sheeran, Billie Eilish & Grimes tour bus exclusive

Plans to regulate social media could be derailed by US trade agreement

Ottawa’s plans for regulations that require social media platforms to remove illegal content or face stiff penalties could run afoul of Canada’s trade agreement with the United States, some experts are warning.


The wide-ranging trade agreement known as the USMCA or CUSMA, which came into effect last year, contains a provision — Chapter 19.17 — that protects digital platforms from civil liability for any illegal content their users post. – Kieran Leavitt, The Star

Five things you need to know about the blockbuster Rogers-Shaw merger

The deal will make the Shaw family one of Rogers’s largest shareholders. – Yadullah Husain, Financial Post

Wikipedia is finally asking Big Tech to pay up

The Wikimedia Foundation, which operates the Wikipedia project in more than 300 languages as well as other wiki-projects, is announcing the launch of a commercial product, Wikimedia Enterprise. The new service is designed for the sale and efficient delivery of Wikipedia's content directly to online behemoths such as Google, Facebook, Amazon Apple (and eventually, to smaller companies too). – Noah Cohen, Wired

advertisement

advertisement
Influence Media Wins Bid to Acquire Anthem Entertainment’s Music Assets
Business News

Influence Media Wins Bid to Acquire Anthem Entertainment’s Music Assets

Sources say the BlackRock-backed company bid slightly above $650 million for the assets, though the deal has yet to close.

Apparently, the third time really can be the charm, as sources say Influence Media Partners has emerged as the winner in the auction for the music assets of Anthem Entertainment, the Canadian music firm that houses music publishing assets and recorded masters royalties from the likes of Rush and Timbaland.

While two earlier efforts to sell the firm in 2017 and 2022 came up short, sources suggest that in the third go-round, the successful Goldman Sachs-shopped deal saw at least two bids come in above the $600 million mark, even though most other bidders were said to be in the $500 million to $600 million range before dropping out. In all, sources suggested that about a dozen suitors kicked the tires on Anthem.

keep readingShow less
advertisement