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Eric Clapton’s guitar fetches $1.3m in auction

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Eric Clapton’s iconic guitar, famously known as “Blackie,” has been sold for a staggering $1.3 million.

This historic instrument, considered one of the world’s most famous guitars, drew the attention of collectors and music enthusiasts alike.

“Blackie,” a black Fender Stratocaster, gained legendary status through Clapton’s extensive use during the 1970s and 1980s.

It played a pivotal role in shaping Clapton’s distinctive blues-rock sound, featuring prominently in some of his most iconic performances and recordings.

The auction, which took place at a prestigious music memorabilia auction house, attracted bidders from around the globe.

The winning bid came after intense competition, reflecting the guitar’s immense historical and musical significance. The buyer, whose identity remains undisclosed, now possesses a piece of rock and roll history.

This sale raises the question of the growing value of musical instruments as collectibles and investments.

What makes certain instruments, like Clapton’s “Blackie,” so highly sought after? How do iconic instruments contribute to the legacy of legendary musicians?

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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