The deal resolves allegations that Mustaine was refusing to pay commissions, but the rocker will continue to pursue his own counterclaims about "repeated management failures.”
After UMG's $500 million copyright infringement lawsuit against Believe, Billboard explores what serious distributor reform would look like — and if it is a good idea.
The company also appointed Victor Mijares as its first vp of Latin music.
The company plans to split off Liberty Live into a separate, publicly traded entity.
AI copyright lawsuits are part of the zeitgeist, and this unique case filed in Germany could potentially clarify law in Europe.
Other new signings include Oliver Tree, Saliva, Tunde Adebimpe, Ali Sethi and Amr Diab.
This year's quarterly results have shown improvements in margin and profitability without sacrificing subscriber growth.
Total Sphere revenue was $127.1 million in the quarter ended Sept. 30, down from $151.2 million and $170.4 million in the prior two quarters.
After board member Bill Ackman called on the company to list on a U.S. stock exchange last week, Billboard asked financial experts how that could change the company's worth.
The band's lawyers argued Trump's unauthorized use of their iconic track was 'offensive,' but copyright litigation is expensive and the case would have taken years to resolve.
