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Universal Music Group Plans $250M Entertainment, Education Campus in Nashville

Universal Music Group Plans $250M Entertainment, Education Campus in Nashville

Photo Credit: Charley Pangus Universal Music Group plans to build a $250 million entertainment and education campus in the Berry Hill suburb of Nashville. The proposed rendering features four zones that include music studios, education/office space, retail space, restaurants, a community building, and more than 400 parking spaces to accommodate. Zone one is a 34,000...

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Lil Durk Faces $12 Million+ Breach of Contract Suit Over ‘Manifest Fraud’ in Song-Investment Deal Turned Sour

Lil Durk Faces $12 Million+ Breach of Contract Suit Over ‘Manifest Fraud’ in Song-Investment Deal Turned Sour

Photo Credit: YoIsThatJordan / CC by 4.0 Lil Durk is facing a $12 million lawsuit from music fintech Exceed Talent Capital, which claims that the rapper and others committed “manifest fraud” by violating the terms of a 2022 agreement. New York City-based Exceed Talent Capital, the “sole member” of which is a namesake business headquartered...

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Following ‘Black Box’ Scrutiny, the MLC Taps Jaxsta, Salt, Pex, and Others to Help Match Royalties

Following ‘Black Box’ Scrutiny, the MLC Taps Jaxsta, Salt, Pex, and Others to Help Match Royalties

The Mechanical Licensing Collective (MLC) has officially announced a “Supplemental Matching Network,” or, as its name suggests, an initiative designed to enhance the MLC’s royalty-matching capabilities. The Nashville-headquartered Mechanical Licensing Collective just recently unveiled the Supplemental Matching Network, centering on partnerships with five “complementary” companies. For background, the MLC has faced considerable scrutiny, relating to...

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MediaNet Partners Steers $20 Million Music Acquisition Rights Fund Into Latin Music

MediaNet Partners Steers $20 Million Music Acquisition Rights Fund Into Latin Music

Photo Credit: MediaNet Partners Entertainment investment company MediaNet Partners makes a significant move into Latin music with a $20 million Music Acquisition Rights fund. Latin American-based entertainment investment company MediaNet Partners (MNP) announced the debut of the Music Acquisition Rights fund, a $20 million venture focused on acquiring and managing premier music assets within the...

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UMPG Announces Joint Venture with DnB Allstars, Focused on Drum & Bass

UMPG Announces Joint Venture with DnB Allstars, Focused on Drum & Bass

Photo Credit: UMPG Universal Music Publishing Group (UMPG) has announced a new joint venture with DnB Allstars, focusing on drum and bass talent. DnB Allstars has cultivated a huge community of aficionados with a varied back catalog ranging from blissful liquid to jagged steppers. Key artists to emerge from DnB Allstars include Vibe Chemistry and...

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Cloudflare Touts German Court’s Ruling in Universal Music Legal Battle As ‘Important Progress’ for the Internet

Cloudflare Touts German Court’s Ruling in Universal Music Legal Battle As ‘Important Progress’ for the Internet

A nighttime shot of the Hohenzollern Bridge in Cologne, Germany. Photo Credit: Adnan Omicevic Amid a long-running legal battle with Universal Music Group (UMG) in Germany, Cloudflare is touting a new court ruling as a win for it as well as the broader internet “against misguided attempts to address online copyright infringement.” Cloudflare senior associate...

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TOKiMONSTA-Founded Sona Stream Raises $6.9 Million Seed Round

TOKiMONSTA-Founded Sona Stream Raises $6.9 Million Seed Round

Photo Credit: Sona TOKiMONSTA-founded Web3 protocol Sona launches its streaming platform following a $6.9 million seed funding round. Sona, a new Web3 streaming protocol using DeFi (decentralized finance building blocks) to provide artists with a new way to stream content and manage rewards, auctions, and more, has announced the open beta launch of its streaming...

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Spotify Has Royalty Changes—IMPALA Has Serious Questions

Spotify Has Royalty Changes—IMPALA Has Serious Questions

Photo Credit: Ainur Iman Spotify is making changes to how it pays royalties—but that raises lots of questions for independent artists and musicians. The IMPALA executive board is asking them. The Independent Music Companies Association (IMPALA) board is seeking answers to these questions after gathering views from members in 32 countries across the European music...

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