Following Sony's lawsuit, one label source says "millions" in unpaid royalties are the issue. Triller denies this, saying the app is "reassessing" label deals.
Also this week: NetEase signs a licensing renewal with J-pop label Avex, WME snaps up Reneé Rapp and more.
The deal expands on an earlier partnership between the two that involved the [PIAS] distribution wing [Integral].
Bach to the Future: Stage+ will offer music from DG’s own archive and sibling label Decca Records, along with video programming and live performances.
Despite economic headwinds, reports from UMG, Spotify, Live Nation and more point to continued strength in the sector heading into 2023.
The Recording Academy, Fender and more celebrate the successful measure, which will provide nearly $1 billion to music and arts funding to the state's public school students.
Inflation is still high historically, but encouraging news on the U.S. consumer price index rallied stocks on Thursday.
UMP China will now handle administration for RYCE Publishing, including some of China's biggest pop hits and Greater China rights over key K-Pop act copyrights.
Warner Music Group is the only major label that appears to have complied with the law as of yet.
Growth in streaming subscriptions, merchandising, touring offset slowdown in ad-supported revenues.
