Diverse Competition at Berlin Film Festival & Fashion Icon Valentino Passes Away at 93

The Berlin Film Festival will showcase diverse films including anime. Fashion icon Valentino, known for his 'Valentino red,' dies at 93. Universal Music to purchase Downtown Music after EU approval. 'Drops of God' returns for season two. Universal Music also signs a licensing deal with China's NetEase Cloud Music.

The Berlin Film Festival is gearing up for its 76th edition, promising a diverse lineup featuring anime and family sagas. Among the 22 films contending for the top prize are reflections on aging, a Japanese anime, and a historical drama. The festival will take place from February 12 to 22, attracting a large audience.

Valentino Garavani, the legendary Italian designer known for his distinctive 'Valentino red', has passed away at the age of 93. The fashion world mourns the loss of this iconic figure, whose innovative designs and signature color have left an indelible mark on haute couture.

In the world of music, Universal Music Group is poised to win conditional EU approval for its acquisition of Downtown Music. The deal includes divesting Downtown's royalty services platform to address antitrust concerns. Additionally, Universal has entered into a licensing agreement with China's NetEase Cloud Music, guaranteeing UMG artists' presence on the platform.

(With inputs from agencies.)