Chris Cooke - CMU | the music business explained (Page 46)

Margate’s Live Nation-owned Dreamland ordered to cancel drum & bass events after drug-related death

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Dreamland • 2 min read

Margate’s Live Nation-owned Dreamland ordered to cancel drum & bass events after drug-related death

Dreamland has had its licence altered by Kent’s Thanet Council at the request of local police following an incident last month in which a teenager died of a suspected drugs overdose. All drum & bass events have to be cancelled and ticket-buyers under eighteen will have to be accompanied by an adult…

Chris Cooke • 17 Jul 2024

Kakao founder faces arrest in SM share manipulation probe

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Kakao • 1 min read

Kakao founder faces arrest in SM share manipulation probe

The dramas continue following last year’s battle between Kakao and HYBE for control of SM Entertainment. HYBE accuses Kakao execs of illegal stock manipulation during the takeover battle. South Korean prosecutors now want to arrest Kakao founder Kim Beom-su in relation to those allegations…

Chris Cooke • 17 Jul 2024

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Irv Gotti • 1 min read

Murder Inc founder accused of rape

Irv Gotti has been accused of rape and sexual assault in a new lawsuit, filed by a woman who says she entered into an abusive relationship with the music producer and Murder Inc Records co-founder after they met in 2020…

Chris Cooke • 17 Jul 2024

CD and vinyl sales continue to grow in the UK, ERA stats confirm

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ERA • 2 min read

CD and vinyl sales continue to grow in the UK, ERA stats confirm

New stats from ERA show that vinyl and CD sales in the UK continue to grow. Non-subscription service revenues in music are up 7.9% so far this year, with music scoring faster growth in this domain than both video and gaming…

Chris Cooke • 16 Jul 2024

PornHub owner secures web-blocking injunction in the US Courts, sort of

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PornHub • 3 min read

PornHub owner secures web-blocking injunction in the US Courts, sort of

A US court has issued a web-blocking order as part of a copyright dispute involving Pornhub owner Aylo. Web-blocking is not usually available as an anti-piracy tactic in the US, although can sometimes be achieved as part of wider sanctions following a successful copyright infringement action…

Chris Cooke • 16 Jul 2024

StubHub postpones IPO as secondary ticketing regulation back in the spotlight

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StubHub • 2 min read

StubHub postpones IPO as secondary ticketing regulation back in the spotlight

StubHub’s planned IPO has been postponed to the autumn because of “stagnant market conditions”. The delay comes as the campaign to more tightly regulate secondary ticketing in the US gains momentum, with artists and fans last week sending 65,000 messages to lawmakers calling for more regulation…

Chris Cooke • 16 Jul 2024

With private equity interest in live music growing, could a deal to buy Dice be on the cards?

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Live industry news including ticketing, venues, festivals and more • 2 min read

With private equity interest in live music growing, could a deal to buy Dice be on the cards?

Dice is reportedly in talks with three private equity firms about them taking a stake in the ticketing business. Investment funds seem to be increasingly interested in buying into live music. Could one or more private equity firm be making plans to take on Live Nation?…

Chris Cooke • 15 Jul 2024

Verizon is latest ISP to be sued by the major record companies

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Verizon • 2 min read

Verizon is latest ISP to be sued by the major record companies

The major record companies have sued Verizon for copyright infringement for not doing enough to deal with repeat infringers on its networks. It’s the latest American ISP to be sued by the music industry following precedent set in BMG’s legal battle with Cox Communications…

Chris Cooke • 15 Jul 2024

Hal Leonard hits back at Wise Music in sheet music licensing dispute

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Hal Leonard • 4 min read

Hal Leonard hits back at Wise Music in sheet music licensing dispute

High drama in the cut-throat world of sheet music, as Wise Music and Hal Leonard have a set-to over the terms of a 2018 deal. Highlights include a particularly acerbic back and forth about who buys the sheet music of Christmas choral compositions, and when. Spoiler: not in the summer, dumbo.…

Chris Cooke & Sam Taylor • 15 Jul 2024

US Senators propose COPIED Act to rein in AI's “theft” of creative content

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AI • 3 min read

US Senators propose COPIED Act to rein in AI's “theft” of creative content

New US Senate bill aims to further curb AI’s unchecked use of copyright material, with proposals for AI content watermarks and protections for creators. RIAA boss Mitch Glazier says that “leading tech companies refuse to share basic data” and the COPIED Act “would grant much needed visibility”…

Chris Cooke • 15 Jul 2024

Beastie Boys sue Chili’s over social media video

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Beastie Boys • 2 min read

Beastie Boys sue Chili’s over social media video

US restaurant chain Chili’s has been sued by the Beastie Boys over a promotional video posted to social media that featured their track ‘Sabotage’ without permission. The rap group says Chili’s infringed the copyrights in their song and the band’s trademarks in its social media marketing…

Chris Cooke • 12 Jul 2024

Australian industry criticises plan to restrict festivals on Anzac Day in New South Wales

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Live industry news including ticketing, venues, festivals and more • 2 min read

Australian industry criticises plan to restrict festivals on Anzac Day in New South Wales

New trading restrictions on Anzac Day in New South Wales could stop festivals from going ahead, a development criticised by the Australian Festivals Association as “a complete overreach” - plus Western Australia’s financial support of Live Nation is in the spotlight…

Chris Cooke • 12 Jul 2024