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Katy Perry sells album rights to Litmus Music for $225M

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Pop sensation Katy Perry has made a strategic move in her illustrious music career by selling the rights to five of her iconic albums to Litmus Music, in a deal worth a staggering $225 million.

The move signals a significant shift in the music industry’s dynamics and could pave the way for other artists to explore similar opportunities.

Perry, known for chart-toppers like “Teenage Dream” and “Firework,” has been a household name in the music world for over a decade. With this deal, she joins a growing list of artists who have opted to monetize their music catalogs in an evolving industry landscape.

Litmus Music, a heavyweight in the music investment sector, is set to gain access to Perry’s extensive catalog, which includes hit albums like “One of the Boys” and “Prism.” This acquisition not only secures them rights to her music but also opens up new avenues for remixes, licensing, and collaborations with other artists.

The $225 million deal underscores the increasing value of music catalogs in today’s digital age, where streaming platforms have become the primary mode of music consumption. As artists explore innovative ways to capitalize on their work, investment firms like Litmus Music are strategically positioning themselves to acquire and profit from these assets.

With this move, Katy Perry retains her position as a music industry icon while also securing substantial financial resources for future endeavors. It also prompts the question: Are we witnessing a paradigm shift in how artists manage their music legacies?

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Global leaders look to shape tech futures

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From disputed pay packages to tariff threats, global leaders are making waves in tech, trade, and innovation.

A U.S. judge has once again denied Elon Musk’s controversial $56 billion Tesla pay package, raising questions about the company’s governance practices. Meanwhile, Donald Trump’s tariff threats against BRICS nations could derail de-dollarization efforts, adding tension to global trade dynamics.

Concerns are also growing around Super Micro Computer audits, which have sparked fears of potential vulnerabilities in the tech sector. Additionally, Intel CEO Pat Gelsinger has announced his departure, leaving questions about whether his efforts to revitalise the company met expectations.

These developments underline the influence of leadership on shaping the global tech landscape, as decisions continue to ripple across industries.

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Teens make use of AI in education as ‘Brain Rot’ goes mainstream

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A recent study sheds light on how teenagers are turning to generative AI for both social and academic purposes.

 

From using chatbots for emotional support to leveraging AI for essay writing, the study reveals both the creativity and risks associated with these tools.

Parents, however, are struggling to keep up. Many are unaware of how extensively their children engage with AI and lack understanding of its potential risks. The gap in awareness highlights the need for ethical discussions and better parental guidance around generative AI.

Meanwhile, Oxford’s 2024 Word of the Year, “brain rot,” captures a growing cultural concern. The term, which originally appeared in the 19th century, now reflects the mental toll of consuming trivial and excessive online content. Its resurgence signals a collective awareness of the evolving relationship between technology and mental health.

Experts say these trends point to the need for critical conversations about the role of AI and social media in shaping our habits and well-being.

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Democrats move to resist Trump deportation plan

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Los Angeles officially declared itself a sanctuary city in a direct challenge to the incoming Trump administration’s plan to deport those in the U.S. illegally.

As one of the largest cities near the southern border, LA’s decision has sparked significant debate over the role of local governments in federal immigration matters.

City Council took the bold step by passing the sanctuary city ordinance, ensuring that no local resources are used to assist federal immigration enforcement.

Additionally, the city’s public school system has doubled down on its sanctuary status, passing emergency resolutions to protect undocumented students.

Critics argue that such actions undermine federal law and set a dangerous precedent, raising questions about the balance between local autonomy and national enforcement.

Keith Hanson the CEO of QUX Technologies, and a veteran law enforcement expert joins Veronica Dudo to discuss.

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