Morning Brew Daily
Industries React to Trump Tariffs & Drake-Kendrick Beef Goes to Court
Wed, 27 Nov 2024
Episode 462: Neal and Toby examine what Trump’s broad tariffs on China, Mexico, and Canada could mean for everyday goods for millions of Americans. Then, the Biden administration is proposing to expand medicare and medicaid to foot the bill for popular weight-loss drugs like Ozempic, Wegovy, and more. Plus, Drake is accusing his record label, Universal Music Group, for boosting airplay of Kendrick Lamar’s diss track. Meanwhile, Neal shares his favorite numbers on airline junk fees, AI tools in the workplace, and NYC hotel rates. Lastly, big headlines to round out your day. Download the Yahoo! Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
What are the implications of Trump's tariffs on North American trade?
allegation is that umg is the parent of both kendrick and drake's record labels given their affiliations people have dubbed this spat raps civil war on top of the inflated streaming suit drake's legal team also filed another action against umg alleging defamation for releasing not like us knowing it was falsely accusing him of being a sex offender according to the suit
The suit says that UMG's plan was to turn Not Like Us into this viral mega hit and drive consumer hysteria and, of course, massive revenues. So now you have two suits rekindling this mega beef with UMG at the center of all. Neil Drake brought a lawyer to a rap battle.
He did, and there's no question that Not Like Us was a massive hit. I mean, that is understood by everyone across this legal battle. It currently has more than 900 million streams on Spotify. It was nominated for five Grammys, including Record of the Year and Song of the Year. The question that Drake is raising, and there is not a lot of evidence so far that he's put forward,
is whether Universal conspired with people to create bots and inflate these streaming numbers. He also is alleging that Universal charged Spotify a 30 percent lower licensing rate for Not Like Us in order to get that song in front of more people. There wasn't a lot of evidence that was named in this petition. We should say this was a petition. It is Maybe the precursor to a lawsuit.
It is something you file with the court in order to gather evidence and prepare yourself for a lawsuit. So that hasn't happened completely yet. But it does cite an unnamed whistleblower who said he was paid by Lamar's label to use bots to help not like us get 30 million streams on Spotify in his first days of release.
Some other specifics of the suit is that UMG had this financial agreement with Apple to have Siri, when users said, play Certified Loverboy, which was the name of Drake's album, it would play Not Like Us instead, because there is a lyric within Not Like Us that does say Certified Loverboy, so...
Drake was probably... I want to imagine he was sitting at home and he goes, Siri, play Certified Lover Boy. And it plays not like us. He calls his lawyer up and goes, we need to sue UMG right now because they are playing Kendrick's song instead of my album. But you are right. A lot of it is a little bit...
No smoking gun has emerged as of yet, but you might expect that if Drake did feel the need to file this initial suit, then he has something that he's sitting on. Because if not, it's just a pretty bad look in the court of public opinion. Because again, I said he's bringing a lawyer to a rap battle. That is not something that gives you a ton of street cred when you are trying to battle someone.
So maybe he's got something, maybe he doesn't. But it's clear that he's still not over Not Like Us. Up next, I know it's Wednesday, but we have a special early edition of Neal's Numbers coming up next.
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