Warner Music Group’s sale to Access Industries is expected to go through later this quarter, after the music group’s shareholders approved the $3.3 billion deal. They will receive $8.25 per share in cash when the transaction closes, according to The Hollywood Reporter. The shareholders also voted through provisions for ‘golden parachute’ payments to current CEO Edgar Bronfman Jr and exec Lyor Cohen if they leave the company, although both men are expected to remain in place for now. As the WMG acquisition gets done and dusted, attention will be focused even more on the future for EMI, which is considering its options.
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In the year or so since its launch, AI startup Kaiber has been making waves,…