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In key markets outside the US, TikTok’s revenues soared 75% to $4.6bn last year, but losses widened amid $1bn in legal costs
TikTok's massive increase in European, LatAm and African revenue was more than offset by a sharp spike in expenses Source...

Sony Music settles lawsuit against Marriott Hotels over alleged ‘rampant’ infringement in social media posts
Sony and Marriott asked that the case be dismissed “with prejudice,” meaning it can’t be refiled Source...

Beatdapp joins forces with Tuned Global to tackle streaming fraud in music apps
The partnership aims to protect Tuned Global clients from fraud, while giving Beatdapp access to new data Source...

Limp Bizkit’s Fred Durst sues Universal for $200m over alleged unpaid royalties (report)
Durst's complaint alleges he was never paid royalties, despite the major commercial success of Limp Bizkit's early albums Source...

David Cassidy rights acquired by Iconoclast in eight-figure deal
Cassidy’s portrayal in the 1970s of Keith Partridge in The Partridge Family 'turned him into a teen idol of unprecedented proportions' Source...

Chorus TM sponsors prestigious Management Company category at next month’s Music Business UK Awards
New specialist financial management platform backs category named in honor of Robbie Williams' legendary manager, David Enthoven Source...