Triller Formally Responds to Sony Music Copyright Lawsuit, Admits ‘It Has Been Unable to Make Payments’
In August, Sony Music Entertainment (SME) sued Triller for allegedly failing to pay millions in owed licensing fees. Now, the short-form video-sharing app has officially responded to the complaint.
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Concord Completes $1.8 Billion Bond Sale, Reveals Plans to Buy Additional Catalogs and Develop In-House LabelsLate last month, reports suggested that Apollo Global Management was prepping a nearly $2 billion bond offering powered by the song catalog of Concord. Now, Apollo says it’s sold $1.8 billion worth of bonds in “the largest asset-backed securitization offering of music rights in the industry to date.”The Story Continues Here.
Elton John Leaves Twitter Following Elon Musk Takeover Elton John has announced he is leaving Twitter following Elon Musk’s acquisition of the platform. He cites the company’s new misinformation policy.The Story Continues Here.
Drake Surpasses Eminem as the Highest-Certified Singles Artist in History Drake surpasses Eminem as the highest-certified singles artist in RIAA history, adding ten new plaques to his list of achievements.The Story Continues Here. Justin Bieber Faces Lawsuit Over Promoting Bored Ape NFTsJustin Bieber, Madonna, The Weeknd, Paris Hilton, and more face a class-action lawsuit over promoting NFTs.The Story Continues Here. |
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