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HYBE buys 51% stake in mystery company for $25m
HYBE recently spent USD $25 million to acquire a 51% stake in an unknown company. Source...

Trio of ex-BMG bigwigs launch new indie label in Germany… with a human heart
Max Giesinger named as debut signing for new label launched by Dominique Casimir, Maximilian Kolb and Justus Haerder Source...

Spotify: We accounted for less than 1% of $10m generated in US streaming fraud case
The company says it "invests heavily" in tools to detect and prevent streaming fraud Source...

Abu Dhabi’s ESMAA and Anghami settle legal dispute and strike licensing agreement
Deal marks the resolution of a legal dispute between Anghami and ESMAA (representing PopArabia and Reservoir) Source...

BMI files rate court action against SiriusXM
Petition filed in New York on Thursday, September 12 Source...

K-pop giant HYBE asks court to unmask YouTubers accusing its artists of ‘plagiarism’
HYBE has filed defamation lawsuits against seven YouTube channels that it says have damaged the company's and artists' reputations. Source...

The MLC promotes five execs in leadership roles to bolster outreach, education, and member services
The Mechanical Licensing Collective has distributed $2 billion to rightsholders since it launched in 2021 Source...

Universal launches Def Jam Recordings Sweden under the leadership of Mattias Caliste
Mattias Caliste most recently ran Virgin Music Sweden Source...

PARTYNEXTDOOR named top artist-songwriter in Q2 2024 on the NMPA Gold & Platinum Program (based on RIAA certifications). Mustard named as top non-performing songwriter
Meanwhile, Mustard was named the top non-performing songwriter for the second quarter of 2024 Source...

Defected Records’ publishing arm Chooses Warner Chappell Music UK as exclusive publishing partner
Founded in 1999, London-headquartered Defected Records specializes in dance music Source...