Latest Music Headlines
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Influence Media Partners has agreed to acquire substantially all of Anthem Entertainment’s assets for more than $600 million, adding a sprawling collection of publishing rights, master recordings and film and television music to its BlackRock-backed music investment platform. The agreement was announced July 29th and covers Anthem’s music publishing catalogs,…
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Sony Music Entertainment has filed a second federal copyright lawsuit against AI music company Udio, alleging the service copied 30,117 Sony-controlled sound recordings to train its generative music models without permission. The complaint was filed July 20th in the U.S. District Court for the Southern District of New York by…
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X Corp. and a group of major music publishers have ended the competing federal lawsuits at the center of a three-year fight over copyright, licensing and music used on the social platform formerly known as Twitter. Joint stipulations filed July 16th dismissed the publishers’ copyright infringement case in Tennessee and…
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Apple Music has raised subscription prices in the United States and numerous international markets, with Apple pointing directly to rising music licensing costs as the reason listeners will now pay more for the streaming service. The changes took effect July 17th and mark Apple Music’s first major subscription increase since…
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Sony Music Publishing has completed its acquisition of Recognition Music Group’s music-rights portfolio, bringing interests encompassing more than 45,000 songs assembled during the modern catalog-investment boom into one of the world’s largest publishing operations. The transaction closed July 15th after receiving regulatory approvals in multiple territories. Sony completed the purchase…
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Lit has reached a settlement in principle with Sony Music Entertainment in a lawsuit built around an unusually modern question buried inside a recording contract signed in 1998: should streams be paid like record sales or licenses of the band’s master recordings? The rock band behind “My Own Worst Enemy”…
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Primary Wave Music has completed its acquisition of Kobalt, closing a transaction worth roughly $1.5 billion that brings one of the music industry’s largest independent publishing and royalty-administration businesses under the Primary Wave umbrella. The deal closed July 7th after clearing regulatory scrutiny, Music Business Worldwide reports. Primary Wave acquired…
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Firebird Music has launched a $750 million platform for music catalog acquisitions, giving the artist-management and independent-label company a major new pool of purchasing power for recorded-music and publishing rights. Announced June 30th, the platform is backed by Ares and The Raine Group, one of Firebird’s earliest investors. Ares funds…
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Taylor Swift has revealed the full shape of The Life of a Showgirl, confirming that her 12th studio album will arrive October 3rd with exactly 12 songs, a production team of Max Martin and Shellback and a closing title track featuring Sabrina Carpenter. The August 13th reveal completed an announcement…
