Spotify and make investment in each other's music businesses, forming an alliance in the music industry. As a result of this transaction, Spotify gained a 9% stake in TME with TME gaining a 7.5% stake in Spotify. In February 2018, Spotify and Discord teamed up, allowing Discord desktop app users, on both PC and Mac, to publicly display on their profile what music they're listening to, and if the users have Spotify's Premium service, they can listen to each other's music together in real-time. In April 2018, Spotify announced a discounted entertainment bundle with video-on-demand provider Hulu. In July 2015, Spotify
Fortune Brands Home & Security the pre-announced corporate strategy of divesting unrelated product lines to focus on the liquor business. On the day after spinning off FBHS, Fortune Brands renamed itself as Beam Inc. to reflect this new strategy. Beam Inc. was subsequently purchased by Suntory to become its Beam Suntory subsidiary in April, 2014. On October 18, 2011, it was announced that Pershing Square Capital Management owned a 15% stake in the company, and considered its stock to be a very attractive investment. Fortune Brands Home & Security Fortune Brands Home & Security, Inc. (FBHS) is an American manufacturer of home fixtures and hardware,