February, 2024

India’s Tips Music becomes latest independent music company to strike direct deal with TikTok following Merlin split
Partnership will make over 31,000 Tips-owned songs accessible to TikTok users worldwide, excluding China and India Source...

CTS Eventim’s nine-month revenue jumps 16% to $2.1B after See Tickets merger
The company expects a significant year-over-year increase in EBITDA for 2024 Source...

Brady Bedard joins Atlantic Music Group as Executive Vice President, Promotion
Exec to head up promotion strategy across the Atlantic, 300, and 10K Projects labels Source...

Anthropic lands another $4bn investment from Amazon, amid ongoing copyright battle with Universal, Concord and ABKCO
Anthropic is embroiled in a copyright lawsuit alleging its Claude chatbot regurgitates copyrighted, sometimes without being asked Source...

At $45.5bn in 2023, music copyright now worth more globally than cinema, new report finds
Music copyright's value is up a “jaw-dropping” 26% since 2021, and nearly double the $25 billion in 2014 Source...

Fred Durst and Limp Bizkit’s $200m lawsuit over alleged unpaid royalties is ‘based on a fallacy’ says Universal Music, in motion to dismiss
UMG told the court that the lawsuit "should be dismissed with prejudice" Source...

Drake claims Kendrick Lamar’s ‘Not Like Us’ was ‘Artificially Inflated’ by Universal Music and Spotify. UMG says allegations are ‘offensive and untrue’
Not Like Us has been nominated for five Grammys Source...

Dan Rosen named President, Records And Publishing, Australasia At Warner Music Group
Company’s Australasian label chief adds publishing brief to his role Source...

US Supreme Court seeks federal insight into major labels’ $1bn copyright case against Cox
The request will likely be handled by President-elect Donald Trump's designated Solicitor General, John Sauer Source...

Deezer becomes latest streaming service to integrate TikTok’s ‘Add to Music App’ feature
Feature allows TikTok users to save songs discovered on the platform to their preferred music streaming service Source...

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