February, 2024

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...

Tencent Music is ‘strategically deploying advanced AI tools’ to crack down on infringement amid the rise of AI-generated content
Company's ESG report provides details on how it tackles copyright infringement amid the rise of AI-generated music 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...

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...

atVenu, a live event commerce and music merch sales platform, secures $130m equity investment from Sixth Street Growth
News arrives amid the investment world's continued interest in the live events space 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...

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

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