Pershing
Square is in talks to buy 10% of Universal Music at $4 billion. Universal Music
was planning to go public in Europe but would go public in the U.S. if the plan
goes through.
United Airlines is getting set to bring back supersonic air travel. The airline is buying 15 supersonic
jets from Boom technology. It will be able to fly from United’s hub in Newark
to London in just three and a half hours and from San Francisco to Tokyo in
just six hours.
Paramount Plus is set to launch an ad-support platform plan next week that will
cost $5 a month. The new plan will replace an older, $6 plan that was carried
over from CBS All Access.