Scroll over Beethoven and tell Spotify the news: UMG has its own classical online service – and it’s raising important questions about the current music model.
Also this week: NetEase signs a licensing renewal with J-pop label Avex, WME snaps up Reneé Rapp and more.
The problem is bigger than most people realize, and it seems to benefit major-label stars as well as developing acts, according to internal data from SoundCloud.
A litigious music licensing company says that CNN's international outlets committed "massive willful copyright infringement."
The company’s shares have lost 34% of their value so far this year and are trading well below company's operative net asset value.
The two powerhouse firms have represented talent like Billie Eilish, Guns N' Roses, Benny Blanco, and Smokey Robinson in the past.
The agreement clarifies permitting and safety measures at the complex, where 10 people died during a performance by Travis Scott last November.
The bond is backed by more than 1 million music assets, including such artists as Genesis, Phil Collins and R.E.M.
Thousands of alleged victims are suing over the deadly festival, but organizers say hundreds of them are showing a "complete disregard" for legal requirements.
WCM and the Web3 entertainment incubator will launch a digital museum in early 2023 to showcase NFT collectibles and celebrate the songwriting process.