In a joint release, the organizations argue the deal would "reduce competition and the independents' bargaining power" if allowed to go through.
Organizations including IMPALA, AIM and IMPF have come out in opposition to the blockbuster deal, arguing it will squeeze independents in an already concentrated market.
The company's publishing division, which includes Songtrust and Sheer, is expected to crank out $200 million in gross revenue in 2024.
Drake thinks the game is rigged — and he’s filing some seemingly unconvincing legal actions to prove it. Remind you of anyone in politics?
Over the last two days, Drake has alleged that UMG artificially inflated the streams of Kendrick Lamar's "Not Like Us." Here, Billboard analyzes his claims.
The new filing, which claims UMG “funneled payments” to iHeartRadio as part of a “pay-to-play scheme," sheds new light on the blockbuster dispute.
“The suggestion that UMG would do anything to undermine any of its artists is offensive and untrue," said the company in a statement.
In a legal petition, the star's company accuses UMG of serious wrongdoing -- a stunning twist months after his high-profile feud with Kendrick.
The justices want to know if they should tackle a copyright case that Cox has warned could cause "confusion, disruption, and chaos on the internet."
With investors increasingly focused on streaming gains, the Big Three are looking at ways to supercharge subscriber growth in the U.S. and emerging markets.
