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Genius files lawsuit against Google and LyricFind for alleged theft of lyrics

Genius Media Group has filed a lawsuit against Google and LyricFind, alleging that the two parties have been unlawfully taking content from its online lyrics database. The suit seeks at least $50 million in damages, as well as injunctions against both companies to bar them from continuing the practice. Continue Reading

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Licensing collective created by the Music Modernization Act reaches budget deal

The implementation of the Music Modernization Act took another important step forward today. The Mechanical Licensing Collective has secured a deal with the Digital Licensing Coordinator, which represents digital music services that will fund the launch and operation of the collective. Continue Reading

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IFPI and WIN to launch centralized data exchange service next year

The IFPI and Worldwide Independent Network (WIN) announced a new deal that will see the two parties collaborate on a system for collecting recording industry data. The Repertoire Data Exchange, or RDx, is a centralized industry data exchange service that will allow record companies and music licensing companies (MLCs) to manage their recording rights. Continue Reading

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Mechanical Licensing Collective sets creation costs and first-year budget

Progress continues with the Mechanical Licensing Collective, the organization formed by the Music Modernization Act to administer the new blanket licenses. The MLC has said it will need $37.25 million to build the structure and set its first-year operating budget at $29 million. Continue Reading