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Bolloré urges Universal Music Group to reject Bill Ackman’s $64B takeover bid
"We think the price is not there at all," Bolloré told shareholders. Source...

J. Cole and Cam’ron settle $500K lawsuit over ‘Ready ’24’ royalties
The parties said they had "reached an agreement in principle to resolve the remaining claims" in the case. Source...

HYBE’s Weverse appoints Zooil Yang as President as superfan platform enters ‘next phase of growth’
Yang most recently served as CEO of AXZ, the Kakao-spun-off company that operates South Korea's Daum portal. Source...

Warner Music and Crumbl reach settlement in $24M copyright infringement lawsuit over TikTok posts
The parties said they expect to resolve their dispute on or before June 15, 2026. Source...

Frank Rogers elevated to CEO of Spirit Music
Frank Rogers previously served as Chief Creative Officer of Spirit Music, a role he has held since 2022. Source...

UMG and Sony seek to add over 61k recordings to Suno lawsuit after discovery reveals AI trained on ‘millions’ of their copyrighted tracks
The labels say they are asserting "only a small fraction" of those recordings – 61,026 works – in the proposed second amended complaint. Source...

Sulinna Ong exits Spotify to join U2 management team alongside Irving and Jeffrey Azoff
U2 have appointed Sulinna Ong as a Management Partner, after more than seven years at Spotify, where she most recently served as Global Head of Editorial & Curation, Music Source...

Live Nation challenges US antitrust verdict, as states call for Ticketmaster sale
Company argued in court filings last week that the result was "against the clear weight of the evidence" Source...

Sony Music moves to add more than 30,000 copyrighted recordings to its lawsuit against Udio
Sony Music now alleges that Udio "copied and ingested" 30,442 copyrighted works into its generative AI models. Source...

The Black Label, the studio behind the KPop Demon Hunters soundtrack, just raised $80M with investment from Tencent Music
Bloomberg reports that the deal values The Black Label at 1 trillion won (approximately $660M) Source...

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