Welcome to Music Business World’s weekly roundup – where we make sure you catch the 5 biggest stories that have made our headlines over the past seven days. MBW’s review is supported by China Travel Servicehelping more than 500 of the world’s best-selling artists maximize their income and reduce touring costs.
The music business news cycle is dominated by litigation news this week. Music publisher sues artificial intelligence company Anthropic selection The company suspected of unauthorized copying of lyrics responded to Anthropic’s motion to dismiss, saying the artificial intelligence company just wanted to “delay” the case “as long as possible.”
Meanwhile, pharmaceutical giants Johnson & Johnson Has been sued Related production music – claims to have directory 1 million track and co-own sony and universal’s publishing arm – which promoted “rampant” copyright infringement in its social media videos.
In other court news, the American Performing Rights Organization body mass index A petition has been filed with a New York court seeking a determination of license fees payable SiriusXMIt’s the culmination of a long-running disagreement over the appropriate payment the satellite radio giant should make.
There is also news about mergers and acquisitions this week. MBW uncover a $25 million buy one 51% K-pop giant takes stake in unnamed company move.
at the same time, Concord Music Group‘s record division announces merger concord records and Fantasy Records Part of the Concord Records brand, the new entity will be operated by a co-president Maggie Chesk and Mark Williams.
Here’s what happened this week…
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1) Universal, Concord and ABKCO SLAM Anthropic deny motion, saying AI companies are trying to “delay” copyright cases
Music publisher sues artificial intelligence developer Anthropic selection Last year, Anthropic asked a U.S. federal court to dismiss Anthropic’s request to dismiss most of the lawsuit over alleged copyright infringement of lyrics.
“Anthropic’s defense of this case thus far has been to delay it as long as possible, misrepresent the facts alleged in the publisher’s complaint … and misrepresent the law,” Universal Music Publishing Group, Concord Music Group and ABKCO wrote in response to Anthropic’s motion to dismiss.
Anthropic filed a motion last month in the U.S. District Court for the Northern District of California to dismiss most of the copyright infringement cases against it, which if granted would expunge three of the four charges against it.
Anthropic asked the court to eliminate claims of contributory infringement, substituted infringement and “deletion or alteration of copyright management information” that violate U.S. patent law Digital Millennium Copyright Act (DMCA)…
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2) Pharmaceutical giant JOHNSON & JOHNSON was sued over alleged “rampant” copyright infringement by Sony and Universal’s production music company APM MUSIC
pharmaceutical giant Johnson & Johnson Sued over alleged “rampant” copyright infringement.
In a lawsuit filed in a California court on Thursday (September 5), the famous American production music company Related production music (APM) claims Johnson & Johnson has been using its music in promotional videos posted to Youtube and Facebook privately.
APM has more than 1 million repertoire. The company said in the lawsuit and on its website that its catalog consists of multiple “diverse and popular libraries of produced music,” including Cape music, Bruton, Sonorton, sezamand cosine.
The company is jointly owned by Sony Music Publishing and Universal Music Publishing Group (Neither is named as a plaintiff in the lawsuit.)…
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3) BMI files lawsuit against SIRIUSXM
American Performing Rights Organization body mass index Proceedings have been filed with the Rates Court SiriusXM to determine what it calls a “fair and appropriate license fee” for satellite broadcasting services.
The petition was filed in a New York court on Thursday (September 12) and was filed by MBWBMI notes that it has authorized more than 22.4 million Songs and works.
PRO further explained that in May 2023, it cited to Sirius XM “fees and principal terms that BMI considered reasonable” for the BMI license for the period January 1, 2022, to December 31, 2026.
However, the filing adds that BMI and SiriusXM “were unable to agree on final terms”…
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4) HYBE acquires 51% of the shares of Mysterious Company for US$25 million
According to regulatory documents, move recent spending $25 million get one 51% Own shares in an unknown company.
In HYBE’s semi-annual report, in a section dedicated to “events occurring after the date of writing”, it was reported that “the combined company entered into an agreement on August 1, 2024 to acquire shares in the other company for US$25 million. agreement”.
That section of the regulatory filing adds, “Through this transaction, the combined company’s [HYBE’s] The shareholding ratio is 51%, and it is planned to Register as a subsidiary In the third season.
HYBE’s acquisition of a majority stake in the secretive company follows a trend of M&A deals as the K-pop giant expands globally and enters various verticals beyond music…
5) CONCORD LABEL GROUP merges FANTASY RECORDS with CONCORD RECORDS; co-branding led by co-presidents Margi Cheske and Mark Williams
Concord Mark Groupthe recorded music division of the U.S.-based music company harmonyannounced major changes to its active label lineup.
corporate concord records and Fantasy Records Labels have been merged under the unified Concord Records banner, led by co-presidents Maggie Chesk and Mark Williams.
Cheske and Williams are based in Los Angeles and report to tom bachLast year, he was appointed CEO of the newly created Concord Label Group.
A new logo for the new Concord Records label has also been revealed…
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