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American XO is suing everyone behind the 2018 hit song, “Eastside.” The list includes: Benny Blanco, Halsey, Khalid, and Ed Sheeran, along with Universal Music Group, Interscope Records, and Friends Keep Secrets. The suit claims the defendants are guilty of copyright infringement over a distinctive guitar riff used in the introductions of both songs, “Loveless,”...
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Amazon Inc is making a big push into the entertainment field by acquiring MGM Studios in a deal worth $8.45 billion. MGM is one of the oldest studios in Hollywood, founded in 1924 when films were still silent. “According to CNBC, the acquisition is the second-biggest in Amazon’s history, just behind its $13.7 billion Whole Foods purchase in 2017.”...
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The recent sale of the Red Hot Chili Peppers catalog to Merck Mercuriadis’s Hipgnosis Songs Fund for $140 million prompted a lawsuit by former managers demanding a 16% commission from the sale. Although the former managers work for ‘Q Prime’ management company, the band, which had been working with the company since the 1990s, recently left before...
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Apple faces antitrust violation charges by the Competition Commissioner for the European Union. The challenge claims that Apple “distorts competition for music streaming by imposing unfair rules for rival services in its App Store.” For example, the platform requires all app developers to use Apple’s payment system, “which charges a 30 percent commission on all...
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The Golden Globes will not air in 2022, according to NBC, after years of controversy and a recent L.A. Times investigation into the Hollywood Foreign Press Association’s membership and financial and ethical practices. This year the show saw a 60% drop in viewership over 2020 and provide a $20-million rebate to NBC to alleviate the...
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