CVS Health Corporation (CVS) announced plans on Wednesday to separate into two independent, publicly traded companies, reshaping one of the largest healthcare companies in the US.
Shares of CVS dropped more than 10% on Wednesday. The company also reported quarterly results.
CVS Health intends to separate its insurance, pharmacy benefit management, and healthcare services operations from its retail pharmacy and community healthcare segments.
The planned split marks a major shift from CVS Health's long-term strategy to bring together insurance, pharmacy benefit management, and healthcare services under one single structure.
Under the proposed plan, one company will retain the CVS Health name and house Aetna, CVS Caremark, CVS Specialty, Oak Street Health, and Signify Health.

#Health #insurance #benefit

LONDON (AP) — Mysterious cyberattacks on European supermarket fridges have sent officials around the continent scrambling to figure out the cold, hard facts.
Supermarkets in a number of European countries reported this week that their fridges and freezers warmed up after they were remotely taken over, resulting in tons of spoiled food at a total cost of millions of dollars (euros).
One Swedish supermarket said its fridges and freezers had been hacked and set to 50 degrees Celsius (122 degrees Fahrenheit).
It's a repeat of an earlier incident that struck refrigeration systems in hundreds of supermarkets and independent stores across France, Belgium and the Netherlands.
Here's a closer look:

#european #supermarket #degrees #london

Following his historic Ballon d'Or triumph, the conversation around Harry Kane's achievements has reached another level, with the UK Prime Minister's office being asked whether the England captain could receive one of the country's highest honors.
Per The Independent (via iMiaSanMia), a spokesperson responded with the following:
"On your question about a knighthood, I think everyone would agree, Harry Kane has given an enormous amount to English football, and this is a very special moment for him in the country, but as ever, I'm not going to pre-empt the honors process."
While there is no confirmation just yet, the response certainly recognizes the significance of Kane's achievements for English football.
From captaining England to a major international final to becoming one of the most prolific strikers of his generation, Kane has built a remarkable legacy. Now, after reaching the summit of individual football honors, could a knighthood be the next chapter?

#Football #english #ballon

Arsenal have suffered a significant setback in their efforts to protect teenage sensation Max Dowman after an independent commission dismissed their appeal against his recent red card. The 16-year-old attacker was sent off during a frustrating Carabao Cup evening for the Gunners, and the club's attempt to overturn the decision has officially fallen flat.
The 16-year-old was given his marching orders in the 85th minute of ******* nal's Carabao Cup tie against Fleetwood Town. The late dismissal followed a heavy challenge from Harrison Neal, with the teenager reacting poorly and kicking out at his opponent.
Mikel Arteta's side ultimately exited the competition on penalties following a tense 1-1 draw. Hoping to spare their academy star a lengthy domestic suspension, the north London club formally challenged the referee's decision on grounds of wrongful dismissal and excessive punishment.
Those hopes were quickly dashed when the Football ******* ociation shut down ******* nal's attempts to clear the youngster's name. Taking to X on Thursday, an FA spokesperson released a statement confirming that the original on-field decision would be upheld by an independent panel.
"An independent Regulatory Commission has dismissed claims of both wrongful dismissal and excessive punishment for Max Dowman," the governing body announced.

#carabao #commission #dismissed

This really shouldn't be that surprising. The Tigers have one of the better core groups in baseball now, and while their rotation has question marks due to injury and inexperience, it's certainly a pretty talented group with Framber Valdez as the veteran, and Jackson Jobe, Troy Melton, Keider Montero, River Ryan, and Reese Olson lined up behind the veteran lefty. Obviously they need to build a much better bullpen, but this shouldn't really be that hard. We'll see how hard the front office decides to make it.
The Tigers were 14th in run scoring, and 11th in team wRC+ in 2026, despite getting gutted for a good six weeks by a huge wave of injuries from mid-April through May. Max Clark has only just arrived, while Hao-Yu Lee and Eduardo Valencia broke out with the bats in the second half. They still have plenty of young hitting talent coming behind them as well. They were also 6th best in team ERA and 10th best in team fielding independent pitching (FIP). The defense got better as Clark and other young outfielders were added to the mix. It would really help that cause if John Peck can insert himself into the mix next year.
The Brewers are number one on the power rankings, as you'd expect. The Dodgers and Yankees check in second and third. The Rays, Red Sox, and Braves round out the 4-6 slots, with the Tigers in seventh.
Here is ESPN's argument for the Tigers in 2027.
1. Their plus-71 run differential was fourth in the AL, not that far behind the Rays (plus-86) or Red Sox (plus-78), and that's a positive indicator for the following season.

#rays #veteran

This really shouldn't be that surprising. The Tigers have one of the better core groups in baseball now, and while their rotation has question marks due to injury and inexperience, it's certainly a pretty talented group with Framber Valdez as the veteran, and Jackson Jobe, Troy Melton, Keider Montero, River Ryan, and Reese Olson lined up behind the veteran lefty. Obviously they need to build a much better bullpen, but this shouldn't really be that hard. We'll see how hard the front office decides to make it.
The Tigers were 14th in run scoring, and 11th in team wRC+ in 2026, despite getting gutted for a good six weeks by a huge wave of injuries from mid-April through May. Max Clark has only just arrived, while Hao-Yu Lee and Eduardo Valencia broke out with the bats in the second half. They still have plenty of young hitting talent coming behind them as well. They were also 6th best in team ERA and 10th best in team fielding independent pitching (FIP). The defense got better as Clark and other young outfielders were added to the mix. It would really help that cause if John Peck can insert himself into the mix next year.
The Brewers are number one on the power rankings, as you'd expect. The Dodgers and Yankees check in second and third. The Rays, Red Sox, and Braves round out the 4-6 slots, with the Tigers in seventh.
Here is ESPN's argument for the Tigers in 2027.
1. Their plus-71 run differential was fourth in the AL, not that far behind the Rays (plus-86) or Red Sox (plus-78), and that's a positive indicator for the following season.

#tigers #team #clark

Here are live updates from the High Desert for Week 11 of high school football. Be sure to follow along for changes throughout the night.
Stream California football games live on NFHS Network
This article originally appeared on Victorville Daily Press: Live updates: High Desert Week 11 high school football scoreboard
Our editors independently choose our recommendations. Some content is produced with paid support from a third party, however our editorial decisions remain independent. If you buy through our links, the USA TODAY Network may earn a commission. Prices and availability may change.

#high #live #network #school

Here are live updates from the Pueblo area for Week 11 of high school football. Be sure to follow along for changes throughout the night.
Stream Colorado football games live on NFHS Network
This article originally appeared on The Pueblo Chieftain: Live updates: Pueblo area Week 11 high school football scoreboard
Our editors independently choose our recommendations. Some content is produced with paid support from a third party, however our editorial decisions remain independent. If you buy through our links, the USA TODAY Network may earn a commission. Prices and availability may change.

#pueblo

Excluding independents, it was the only non-conference matchup of Week 7.
For such a unique matchup this late in the season, it was bound to produce a unique result: South Florida defeated Kent State, 29-2.
Kent State became the first FBS team to score exactly two points since UMass did in a 20-2 loss to Florida Atlantic on Nov. 20, 2020.
The Golden Flashes led 2-0 after the first quarter Saturday night in Tampa. Immediately after a turnover on downs at the South Florida 3-yard line, Kent State managed to salvage some points through its defense. True freshman defensive end Dion'Dre Taylor stuffed USF running back D.J. Crowther in the end zone to hand the Golden Flashes their first lead against a non-conference FBS opponent since Sept. 9, 2023, when they led Arkansas 3-0.
It appeared as if Kent State would build on that early advantage. After the safety, the Golden Flashes drove down to the USF 1-yard line. Kent State lined up in a tush push formation, attempting a quarterback sneak to extend the lead. However, an unclean center-quarterback change left the ball on the floor, and former 5-star defensive end recruit C.J. Hicks scooped it up and ran 99 yards for his first career touchdown.

#Kent #conference #matchup

Insider ponders Ohio State, Michigan, Penn State leaving Big Ten over 24-team expansion appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
The College Football Playoff race watched Ohio State football strengthen its chances Saturday. Especially in a tight Big Ten Conference race. But one insider brought up a bold idea moving forward involving OSU, Michigan and Penn State.
It involves going the independent route before the postseason field increases to 24 teams.
College football insider and columnist for ESPN Dan Wetzel presented the bold idea Sunday morning. He started off his idea with a rant.
Watch sports LIVE with fuboTV (free trial)

#college #race

Celebrity comedian Sebastian Maniscalco has responded to this week's uproar in the comedy community over his takeover of a SiriusXM channel that for years supported up-and-coming stand-ups while providing them a minor lifeline in royalty checks. He joins the broadcaster in ****** uring those up in arms over the station's disappearance that the company axed it well before the superstar took over.
In April, Maniscalco's Comedy Radio replaced SiriusXM's Channel 99, the longtime home of the Raw Comedy/Raw Dog channel, a small corner of the satellite radio giant where up-and-coming comedians could not only launch their careers but make a few bucks doing it. SiriusXM replaced the "jukebox channel," which rotated sets from comics and had no host, with one now "curated and headlined by Maniscalco" that features mostly mainstream and well-known talent. The uproar came this week when the advocacy group Stand Up for Standup and big-name comedians like Patton Oswalt, Margaret Cho and Michelle Wolf took to social media to ask Maniscalco to bring Raw Comedy back to the platform. On Thursday, the superstar comic replied.
More from The Hollywood Reporter
Patton Oswalt, Michelle Wolf Call on Sebastian Maniscalco to Reverse SiriusXM Channel Takeover
Stephen A. Smith Explains How SiriusXM Is Becoming a Home for Political Independents

#channel #comedy

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Kourtney Kardashian discussed an expletive-laden response to actor Jennifer Lawrence — who once called her "more annoying than ever" — on Thursday's season 8 premiere of "The Kardashians."
"**** that *****, Jennifer Lawrence," Kardashian said in the episode as she was driving with a friend.
Buzz: Jennifer Lawrence Calls A Fellow Celebrity 'More Annoying Than Ever'
During a November episode of Vanity Fair's lie-detector interview series, Lawrence confessed that she watches the famous family's reality show and had some not-so-great things to say about Kourtney Kardashian.

#lawrence #kardashian

Rosie O'Donnell has issued a public apology to Wynonna Judd for "assuming" she was a supporter of U.S. President Donald Trump.
In an interview for The Tangle podcast in August, the comedian - a fierce critic of the American leader - stated that the country singer was one of the only fans of Trump in her life.
"Now, I am friends with Wynonna Judd, who I love very much, and I've known her for many, many years," she told host Kyle Ridley at the time. "And she is a supporter of Trump. And somehow, we never bring it up. I give her a grace in a way... And I really love her, and I care about her, and, for some reason, I'm able to put that aside when we interact."
Last week, Judd clarified that she was "an independent" and never discussed her political beliefs during an interview for People, and on Wednesday, O'Donnell apologised to her longtime pal.
"I was wrong to ***** ume Wy was a Trump supporter just because she performed at marlargo (Mar-a-Lago)," the 64-year-old wrote on Instagram, referring to the Palm Beach, Florida resort owned by Trump. "But as she told me she has sung for seven presidents on both sides of the aisle (sic). My apologies here publicly (as I first made them privately) #friendship - she's touring her new album now - go see her SING like no one else on earth."
In addition, a representative for Judd told Entertainment Weekly that the 62-year-old "did not perform for Trump" when she was at Mar-a-Lago for an unrelated event and that the Tell Me Why star has performed for seven U.S. presidents over the course of her career, both Democrats and Republicans.

#judd #love

Barry Keoghan has built a career by choosing characters that are rarely easy to understand. The Irish actor can appear vulnerable in one film and deeply unsettling in the next, often bringing an unpredictable quality to his performances. His journey into acting was equally unconventional, beginning far from the traditional routes into the entertainment industry. A difficult childhood in Dublin shaped his early years, while an unexpected opportunity introduced him to acting. Since then, Keoghan has developed into an internationally recognized performer with roles spanning independent dramas, major blockbusters and psychological thrillers.
Born in Dublin, Keoghan experienced considerable instability while growing up. His mother struggled with drug addiction and died when he was young, and he and his brother spent several years in foster care before being raised largely by their grandmother and aunt. Despite his later success, Keoghan has spoken warmly about returning home and immediately slipping back into ordinary family life, joking that celebrity status does not excuse him from making his bed or cleaning up after himself.
His entrance into acting came almost by chance. As a teenager, Keoghan noticed a casting advertisement in a local shop window for the Irish crime film Between the Canals. He responded despite having little professional experience and eventually secured a role. Television work followed, including the Irish drama Love/Hate, helping him develop his craft and attract greater attention.
His international profile grew dramatically in 2017. Keoghan appeared in Christopher Nolan's Dunkirk as George Mills, a young civilian caught up in the evacuation of Allied soldiers from France. That same year, he delivered a very different performance opposite Colin Farrell and Nicole Kidman in Yorgos Lanthimos's The Killing of a Sacred Deer. As the mysterious Martin, Keoghan demonstrated the unnerving screen presence that would become one of his greatest strengths.
Rather than remaining within one genre, he continued moving between dramatically different projects. He entered the Marvel universe as Druig in Eternals, appeared in The Green Knight and gained major acclaim for Martin McDonagh's The Banshees of Inisherin. His performance as Dominic Kearney earned him a BAFTA and an Academy Award nomination for Best Supporting Actor.

#keoghan #irish #dublin #despite

Carrot Top has been photographed at church in his first reported public sighting since his Las Vegas hospitalization, TMZ reported Monday.
The 61-year-old comedian, whose real name is Scott Thompson, is planning to return to the stage later this month. His representative authenticated the photographs for the Las Vegas Review-Journal, which reported the update Oct. 5.
His performances were canceled beginning Sept. 18, when he was admitted to the hospital. Representative Jami Schlicher confirmed that he was receiving medical care and asked for privacy on behalf of his family, PEOPLE reported.
"We are thinking of him and wish him strength as he receives the care and support he needs," MGM Resorts said in a statement reported by The Independent.
The photographs were taken Sunday, Oct. 4, at St. Joseph, Husband of Mary Roman Catholic Church, according to Page Six. Thompson wore a light-blue shirt and jeans and stood with other churchgoers while waiting to speak with a priest.

#thompson #church #representative #carrot

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Gen X has spent decades getting squeezed between bigger generations. Now, one 38-year-old says the group may have one final trick up its sleeve — disappearing.
Realtor Freddie Smith, 38, laid out his prediction in a TikTok about why he rarely talks about Gen X. His argument is pretty simple. Gen X is independent, uninterested in the culture-war noise and focused on one thing — making it to retirement.
"They are the most independent group of people that we will ever meet," Smith said in the TikTok. "They raise themselves. They've been independent their whole life."
Don't Miss:

#independent

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You can always rely on Fashion Month to churn out the trends, not just for apparel, but for hair, too. Over the last few weeks, the runway has given us sculptural frizz, combover-esque bangs, creative crimping, and countless other looks that make you wonder whether all of the lead hairstylists have colluded to make your morning routine a little more difficult. But behold: the trend we didn't see coming… back. In the ultimate model-off-duty moment, Gigi Hadid was seen wearing a humble zig-zag headband—the quintessential late-'90s and early-2000s hair accessory.
After walking in Miu Miu's Spring/Summer 2027 show on October 4, Hadid was spotted leaving the venue with her long, blonde hair pushed back by a tortoiseshell scalloped headband. Also known as a shark-tooth or comb headband (depending on who you ask, where they grew up, and how old they are), the style has those unmistakable wavy teeth that grip the hair while keeping the face free of any stray tendrils.
Hadid wore it with an otherwise wonderfully uncomplicated look: a loose, white **** on-down left open over a white bra, jeans cinched with a brown leather belt, and white mesh ballet flats decorated with tiny floral embroidery. She carried a brown Miu Miu bag, making the whole thing feel less like a carefully engineered Paris Fashion Week outfit and more like someone running errands after class in 2002—if that person happened to be a supermodel.

#headband #allure

Bill Maher said Donald Trump doesn't like "*** kissers" in a surprising take on CNN Sunday.
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That's debatable. The president seems to prize loyalty above all and punishes dissenters, even close allies. Sen. Tom Cotton (R-Ark.) appeared to get doxxed by Trump for opposing his all-year daylight saving time push. The president even expects obedience from his U.S. Supreme Court appointees.
But Maher insisted to "GPS" host Fareed Zakaria that Trump ultimately takes a dim view of suck-ups.
The comedian noted that the president's opinions waver and people can change his mind.

#maher

Princess Eugenie was reportedly left "horrified" after a deeply personal gift from Meghan Markle mysteriously appeared on eBay with a staggering $26,500 asking price. The item was a copy of Meghan's children's book, "The Bench," apparently inscribed to Eugenie and her husband, Jack Brooksbank, following the birth of their son August. After its discovery fueled speculation about the women's relationship, Eugenie allegedly contacted Meghan directly to apologize and insist that she had never knowingly sold or discarded the book.
MEGA
A source claimed Eugenie reached out after learning that the personalized book had surfaced online.
"Eugenie called Meghan herself. She was horrified the book had somehow ended up for sale," the insider told Rob Shuter's "Naughty But Nice" Substack, according to The Express US.
The source added that Eugenie made it clear she would never knowingly sell a personal present from Meghan. The **** ss reportedly accepted the explanation and did not blame her for the book appearing on eBay. Neither woman has publicly confirmed the alleged conversation, and it remains unclear how the seller obtained the copy. Its authenticity has also not been independently verified. Still, the reported phone call suggests Eugenie understood how the listing could look, particularly amid recent claims that her once-close relationship with Prince Harry and Meghan has cooled.

#reportedly #horrified #copy #never

CNN's Kaitlan Collins has appeared to serve up a subtle response to one of Donald Trump's personal insults.
Viewers of "The Source" last week spotted a mug sitting on Collins' desk bearing the message: "America Needs Nasty Women."
It appeared to be a pointed reference to Trump's repeated, personal attacks on the CNN anchor.
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Alex Gibney on his four-hour look at Elon Musk. pic.twitter.com/YaozuKEv4t

#collins #personal #source #America

As outrage builds around the case involving a Cornell University student allegedly gang-raped in a fraternity house in October 2024, the university’s president has broken his silence with a statement Saturday.
Jane Doe’s alleged experiences raise “heartbreaking and troubling issues about ******* ual ******* ault, dehumanization, and aspects of party culture, alcohol, and drug use,” Kotlikoff said in his video statement.
The Cornell president added the allegations raise questions around the initial investigation, saying the university does not have “all the answers” but is committed to investigating and finding them. He said next week, Cornell’s board of trustees will announce an independent review into the handling of the 2024 case by an outside law firm.

#cornell #university #jane

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Just in time for the start of the 2026-27 NFL season, Hasbro has re-stocked its football-themed edition of the popular Guess Who? board game.
More from Billboard
Pokémon TCG: Here's How to Shop the 30th Celebration Elite Trainer Box & Booster Bundle Online
Where to Watch the 2026 Hispanic Heritage Awards Live Online for Free With Los Tigres del Norte Headlining

#shop #celebration

In a sea of black, Matt Damon's wife, Luciana Barroso, boldly stood out from the crowd in a red hot pantsuit as she attended the LA premiere of the new movie, Animals.
Luciana, a partner in Artists Equity, the independent, artist-led production studio co-founded by Matt and Ben Affleck in November 2022, was joined by her husband and Ben on the red carpet, with the mom-of-four giggling away as she posed between the best friends.
The producer paired the vibrant red Gabriela Hearst suit – which featured high rise pleated pants and a matching blazer with large lapels – with a chic cream camisole.
She wore her hair loose around her shoulders, and let her natural beauty shine through with minimal makeup, and accessorized with simple pearl drop earrings.
Luciana is known for her timeless red carpet fashion.

#luciana #matt #carpet #artists

A copy of Meghan Markle's The Bench that appears to have been inscribed to Princess Eugenie and Jack Brooksbank surfaced for sale on eBay
The book, featuring a personal message apparently handwritten by Meghan, was listed for nearly $26,500 before the seller ended the listing
PEOPLE has not independently verified the inscription's authenticity or how the book came into the seller's possession
A copy of Meghan Markle's children's book The Bench that appears to have been personally inscribed to Princess Eugenie and her husband, Jack Brooksbank, surfaced for sale on eBay.
The listing, posted by Drive Easy's Signed Books, was ended by the seller on Friday, Oct. 2. It offered a copy of the ****** ss of Sussex's 2021 book for £19,999.99 (nearly $26,500).

#copy

Gypsy Rose Blanchard has spoken out about the death of her fiancé and the father of her child, Ken Urker. He died Thursday, on his 34th birthday.
Blanchard, 35, confirmed Urker's death in a Thursday night statement to TMZ, saying: "Ken was an amazing father and a man who was deeply loved."
She added that he "will forever be my soulmate and my red string, a connection that time, distance, and even death can never erase."
The Lafourche Parish Sheriff's Office confirmed in a statement shared with The Independent that police found Urker dead at his Louisiana home after receiving a call at 6:15 p.m. Thursday. Investigators found him next to "a brown powdery substance," a syringe, handgun and two shot glasses.
"At this time, we are continuing the death investigation," a police spokesperson said. "To this point, we have discovered no signs of foul play."

#thursday #time

A comment made on a podcast this summer has left one country music star scratching her head and setting the record straight.
Wynonna Judd says she has never talked politics with longtime pal Rosie O'Donnell, even though the comedian claimed the singer backs President Donald Trump, according to an interview with People published on Friday, October 2.
"I'm in shock, just so you know," Judd, 62, said. "I've never spoken to her about politics in my life. She doesn't know anything about my stuff. I'm an independent."
The confusion goes back to August, when O'Donnell, 64, appeared on The Tangle with Kyle Ridley podcast. The former talk show host, a vocal critic of the president for years, said Judd was the one Trump supporter she still keeps in her life.
FS//AdMedia/Newscom/The Mega Agency

#judd #Politics

Jillian Michaels admitted "a lot of Republicans" come up to her and express how "unhappy" they are with President Donald Trump as she warned the party not to rely on MAGA loyalists in the midterms.
On her Keeping It Real podcast on Friday, Michaels, a fitness trainer who has more recently turned to political commentary, reacted to a recent Fox News interview with musician and Trump supporter Nicki Minaj, who insisted MAGA remains loyal to Trump despite his falling poll numbers — which he has dismissed as fake news.
"They talk about how MAGA is still very loyal to Trump, but MAGA is not a big percentage, a big percentage of the total voting pool, because it's not the entire Republican Party," Michaels said.
She then turned to recent polling breaking down how voters identify with parties and movements.
According to Pew Research Center data, 28% of voters identify as Republicans, 29% identify as Democrats, and 44% identify as independent or something else. Among those independents, 43% lean Republican and 47% lean towards Democrats.

#michaels #republicans #recent

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Elon Musk and Shivon Zilis, a top executive at Musk's Neuralink and the mother of four of his children, have abruptly parted ways, Zilis said Friday.
Zilis shared her breakup note with Musk on social media after he stopped following her on the platform the day prior.
"It's hard to go from in love to let go in a week with no warning, but that's just how it is sometimes," said Zillis, along with a "shrugging" emoji.
Accompanying the note was a screenshot of text messages they'd exchanged last week. In the messages, Zillis and Musk profess their love for each other before Musk proceeds to tell her why he hadn't invited her to a White House dinner with China's leader Xi Xinping.

#musk #note #keep #support

A Worcestershire MP has recalled how a political rivalry with Dame Esther Rantzen turned into a lasting friendship, following her death at the age of 86.
Nigel Huddleston first met the veteran broadcaster and Childline founder when they stood against each other in Luton South at the 2010 general election.
But what could have been an awkward relationship between political opponents instead became a friendship that continued for many years.
"Esther and I probably should not have got on," the Conservative member for Droitwich and Evesham said, adding: "But, like so many people who met her, I was completely charmed by her and we got on like a house on fire from day one."
Dame Esther had entered the race as an independent following the MPs expenses scandal, turning what Huddleston expected to be a contest between the Conservatives and Labour into what he described as a "media frenzy".

#political #friendship

On September 9, 2026, Reuters reported that AI music startup Suno launched a new suite of models, including its flagship v6 and exploratory v6-Wild, built in partnership with Warner Music Group Corp. (NASDAQ:WMG) and BMG. It lets users make new music inspired by licensed recordings from participating artists. The launch follows Warner Music's copyright lawsuit settlement with Suno in November 2025, under which artists and songwriters can opt in to have their names, voices, and compositions used in AI-generated music in exchange for compensation.
Warner Music Group Corp. (NASDAQ:WMG) can turn the Suno litigation dispute into a new licensing revenue opportunity. Suno has now launched its v6 models in partnership with Warner Music and BMG. It allows users to make music inspired by licensed works from participating artists. Warner previously sued Suno over copyright issues before reaching a licensing agreement. This gives the label a direct path to monetize AI-generated music rather than relying solely on litigation. The deal could create a new revenue stream as consumers increasingly adopt AI music tools.
Warner enters the AI-music market from a position of financial strength. The firm reported fiscal third-quarter revenue of $5.44 billion, up 9% year over year. Adjusted OIBDA increased 16% to $433 million, and its adjusted OIBDA margin expanded to 23.2%. Warner also said it had met or exceeded its financial targets for five consecutive quarters. That basic growth gives the company greater flexibility to invest in AI initiatives while using licensing agreements to add another potential growth driver to its existing streaming and publishing businesses.
Warner could help establish a more sustainable commercial model for AI-generated music. Suno said future products will include opt-in experiences that allow individual artists to participate and receive payment when users generate music around them. So Warner has an opportunity to help shape licensing and compensation practices as Spotify and other platforms develop their own AI-music products. If the industry increasingly adopts licensed models, Warner's large catalog and relationships with artists could solidify its negotiating position and create recurring AI-related revenue.
Suno's new licensing model does not eliminate the overall legal risks surrounding AI music. Warner Music Group Corp. (NASDAQ:WMG) has reached an agreement with Suno, but other copyright owners are challenging the firm's technology. Independent publisher Round Hill sued Suno in August, alleging that the company used copyrighted songs to train its AI system. Suno also faces separate litigation from Universal Music Group and Sony Music. Hence, lawsuits could increase legal costs and create uncertainty over the licensing framework that Warner hopes to monetize.

#music #licensing #corp #revenue