Daily Highlights: Tuesday, August 22nd

Company News & Strategic Moves

• Saudi Arabia’s SRMG Makes Strategic Investment in Anghami, Spotify’s MENA Region Rival - Variety
• YouTube Launches AI Music Principles; AI Incubator in Partnership With Universal  - Variety
• MENA Spotify Rival Anghami Eyes Further Expansion Following Strategic Investment By SRMG Ventures - Deadline
• Comcast NBCUniversal Teams With USC Annenberg to Evaluate Company’s Efforts for Access and Equity  Hollywood Reporter
• Paramount Decides Against Selling BET Majority Stake  - Hollywood Reporter
• Former UTA Agent Launches Kids and Family Audio Company With Agency Backing - Hollywood Reporter
• Canal+ takes full ownership of SPI International, completing deal for outstanding 30% stake - TBI

Market Analysis & Trends

• TBI Tech & Analysis: Behind the numbers of Eastern Europe's pay-TV staying power - TBI

People Movements

• Canadian Distributor LevelFilm Hires Duo in Key Leadership Roles  - Variety
• BBC Studios Productions names Alan Holland as New head of the Documentary Unit - Señal News

Film Festivals & Events

• Wes Anderson, Edward Berger and More to Hold Venice Film Festival Masterclasses - Variety
• Paramount Global Boss Bob Bakish Named MIPCOM Personality of the Year - Hollywood Reporter