Prime Minister Mark Carney: Canada is America’s largest customer. We buy more goods from America than China, Japan, and Germany combined.
@MarkJCarney#ECNYCarney
Would you make any changes to the Canadiens lineup for Game 3? 👀
YES or NO? 👇
Feriez-vous des changements à l’alignement des Canadiens pour le match #3? 👀
OUI ou NON? 👇
#habs#gohabsgo#thesickpodcast@TonyMarinaro
The Drake/Universal story most analysts are missing: Vincent Bolloré is structurally LONG every quarter the Drake situation stays unresolved. Here's the math — and why the Paris Court ruling tomorrow matters more than any analyst-day color
We're really encouraged by the release slate ... we had three new albums from Drake come all at once."
— UMG CFO at JPMorgan TMT, May 18
JPMorgan PT: €48
UMG today: €20.16
-4.4% since Monday's close.
Management is selling renewal. The market is pricing exit.
UMG +8% over 3 days — up ~2.5% today — while SPY is down 0.6%.
The lazy read: "Iceman sold, good for the label." A $60B major doesn't re-rate 8% on one artist's streaming week, this is an institutional move.
Here's what the tape isn't reading: 3 surprise albums in a day isn't Drake feeding the machine, it's Drake clearing the deal. The lyrics aren't subtle: "leadin' my own version of the revolution," "private arbitration leads to resolution," "why am I boss of the business."
The supply Wall Street is cheering is the exit.
They're pricing engagement.
He's pricing his way out.
To all the OWLS 🦉
Let’s MASS repost the ICEMAN videos posted by the OVO SOUND account. Since OVO SOUND owns the rights to them, UMG can’t take them down.
UMG saw everything from ICEMAN going insanely viral and started panicking, hitting everyone with DMCAs