Media

Saudi wealth fund exits Live Nation stake, after making $930M in profit
Another major Live Nation shareholder, Liberty Media, is planning to spin off a separate company that includes its LN stake. Source...

Turntable Labs’ social music platform Hangout launches with Sony, Universal and Warner deals
Hangout launches with a catalog of over 100 million tracks Source...

‘We put a lot of time and pressure on ourselves to make our social media the best it can be, but at the end of the day, it’s a vanity project.’
The following is an extract from Sound Advice, a health-focused career guide for artists written by MBW Contributing Editor Rhian Jones and performance health and psychology coach Lucy Heyman Source...

Shamrock Capital, the firm that bought Taylor Swift’s masters, raises $1.6bn for two new investment funds
Company specializes in the media, entertainment, content, communication, sports, marketing, and education sectors Source...

NBA teams accuse music publishers including Kobalt of ‘extortion’ in copyright dispute, claim ‘fair use’
Fourteen NBA teams have been sued by music publishers over alleged unlicensed use of music in their social media posts 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...

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...

Range Media Partners sued by talent giant CAA for alleged theft of confidential information
Lawsuit claims that Range is 'an unlicensed talent agency built on deceit' Source...

Reservoir Media faces activist investor call for ‘strategic review to maximize shareholder value’
Irenic Capital, founded by Adam Katz and Andy Dodge, owns around eight percent of Reservoir Source...

Snoop Dogg strikes publishing deals with Reservoir for his entire catalog of hits, future works, plus Death Row Records publishing catalog
Snoop Dogg said: “I’m so honored to have them as a partner and excited for all the great things to come with the catalogue as well as new music ventures." Source...

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