The speaker and Bill Ackman are pursuing a deal to take Universal Music Group private, with Lucian Grange running operations and the speaker becoming chair.
“we did some diligence, met with Lucien to see if he'd be interested if we did do something, gave him a 41,000 foot overview, made it very clear that a condition proceeding to the deal would be his running the show. We would support it. I would become chair and support him, and particularly in the tech and AI area, which he's very attuned to but could use some help.”
→ Read the source episode
Our resolution criterion
disputableUniversal Music Group is taken private in a deal led by Bill Ackman and the speaker, with Lucian Grange as CEO and speaker as chair.
More from David Senra
Zach Dell predicts AI will become the largest consumer of electricity in the world
Zach Dell predicts the next five decades of energy will be defined by solar, batteries, and software (vs. coal and natural gas)
Germany's defense budget will grow from €52 billion to over €180 billion by 2029.
Jeff Zalaznick's Major Food Group will complete a residential condo building on three acres of Miami Beach beachfront.
Within six months of a frontier AI model release, an open-source model will match its capabilities at 1/100th the cost
Summaries are ours; the quote is a verbatim transcript excerpt. Our resolution criteria are editorial and disputable. How this works.