Music Licensing, Inc. (SONG) has acquired the sound recording rights to Rihanna’s hit track ‘Goodnight Gotham,’ adding to its existing publishing rights and establishing complete control over the song. This strategic move positions the company as a key player in the growing music rights market, unlocking diverse revenue streams and promising sustainable growth for shareholders.
Pharmaceutical giant Johnson & Johnson is facing a lawsuit for allegedly using copyrighted music without permission in numerous online videos. Associated Production Music (APM) claims Johnson & Johnson used nearly 80 videos featuring unlicensed tracks, potentially facing significant financial penalties if found guilty.
Meta Platforms Inc. and Universal Music Group have renewed their multi-year agreement, expanding Meta’s rights to utilize UMG artists across its platforms, including Facebook, Instagram, Meta Quest, and now WhatsApp. This agreement comes amidst concerns regarding the use of music in AI development, with UMG previously withdrawing its catalog from TikTok over copyright concerns. The renewed partnership emphasizes collaboration to address unauthorized AI-generated content and protect artists’ rights.
TikTok users can once again create music clips using tracks from Universal Music Group’s (UMG) vast catalog, including music from Taylor Swift, Billie Eilish, and Ariana Grande. This follows a new licensing agreement between the social media platform and UMG, resolving months of tension. The deal comes at a crucial time for TikTok, facing threats of bans in key markets like the US. This win with UMG not only bolsters its music content but also enhances its appeal to users. The UMG catalog will be available for video creation within one to two weeks, reviving existing videos using UMG music that had been muted.
