Labels seek EU regulatory intervention on Sony/ATV buyout

Sony has taken steps to assume sole ownership of the Sony/ATV publishing branch, buying out the stake owned by Michael Jackson’s estate. However, the move has raised some concerns among the other labels. Warner Music Group and a collection of independent labels have brought their concerns over the buyout before the European Commission. Continue Reading

Sony suing Rdio for fraud, keeping planned Pandora sale secret

Sony Music is suing the former leaders of Rdio, claiming that the now-defunct streaming service cut it out of millions in its handling of bankruptcy and its sale negotiations with Pandora. Rdio’s former CEO Anthony Bay, General Counsel Elliott Peters, and Senior Vice President of Content Licensing Jim Rondinelli were named as defendants in the claims of misrepresentation and fraudulent behavior. Continue Reading