(AOF) – Believe indicates that it has taken note of Warner Music Group’s decision not to submit a firm offer for a merger with Believe. “The Ad-Hoc Committee will examine the situation with all interested parties (including the Consortium composed of EQT, TCV and Mr. Denis Ladegaillerie, as well as the historical shareholders of Believe) in order to determine the next steps relating to the evolution possible control of the Company, and will inform the market accordingly”, indicated a press release from the specialist in the digital music market.
AOF – LEARN MORE
Learn more about the Media sector
Artificial intelligence, threat or opportunity for professional and specialized press publishers?
After having fought for the tech giants to pay them for related rights, press publishers are worried about the use of their data for the benefit of artificial intelligence (AI). Generative AI feeds on information it finds on the internet, including that from the media. The latter can, however, prevent the use of their data by an AI thanks to the 2019 European directive and its translation into French law, which governs the search for texts and data. However, this remains theoretical. In the meantime, certain specialized players in the publishing world are working to reassure investors after the loss of value on the stock market of certain companies. Thus professional information specialists, or publishers of academic publications, such as RELX, Pearson or Wolters Kluwer are multiplying reassuring messages and presenting AI more as an opportunity than a threat by emphasizing that they themselves use AI. ‘AI. Analysts generally remain confident in these specialized publishing players because their strong asset is based on the reliability of the information they transmit, which is still far from being the case for AI. For now…
Sector sheet – Business services
A new entity in employee benefits
Pluxee, the division specializing in employee benefits of the services giant Sodexo, will take off on the stock market in 2024. This activity benefits from strong dynamism with organic growth in the third quarter (ended at the end of May) higher than expectations (+25 .5% versus 17.5% expected). The new entity will thus be able to better compete with its competitor Edenred. Since its split from the Accor group in 2010, this company has seen its activity jump and almost double. Having become the world leader in meal vouchers, it even recently joined the flagship stock market index of the Paris market, the CAC 40. This success comes from targeted acquisitions, international development and successful digitalization.