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Reservoir acquires producer royalties of Grammy winner Jack Douglas
The acquisition includes hits by Aerosmith and Cheap Trick Source...

Warner Music Group acquires Amsterdam-based label Cloud 9 Recordings
Cloud 9 Co-founder Raymond van Vliet to remain as President of Cloud 9 Recordings Source...

Spotify launches Free tier in South Korea
Spotify launched in South Korea in February 2021 without its ad-supported tier Source...

Universal Music sues Chili’s restaurant chain owner over alleged copyright infringement in social media ads
The restaurant chain's owner Brinker reported $4.42 billion in revenue for the fiscal year ended June 26, 2024 Source...

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...