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BTS label Big Hit Music rejects ‘SWIM’ copyright claim, says track was independently created

'The allegations in the lawsuit are unilateral and unsubstantiated,' Big Hit Music said Source source https://www.musicbusinessworldwide.com/bts-label-big-hit-music-rejects-swim-copyright-claim-says-track-was-independently-created/

Luis Pinilla promoted to SVP, Global Head of Strategy at Sony Music Publishing

Pinilla will report to Chairman and CEO Jon Platt and remain based in the company's New York office. Source source https://www.musicbusinessworldwide.com/luis-pinilla-promoted-to-svp-global-head-of-strategy-at-sony-music-publishing/

Latin music party giant BRESH Global acquires majority stake in Argentina’s Grupo Polenta, known for its DJ-driven music experiences

Polenta will continue operating under its own brand and creative identity, led by co-founders Marina "Pol4ca" Frohmann and Ignacio Elizalde. Source source https://www.musicbusinessworldwide.com/latin-music-party-giant-bresh-global-acquires-majority-stake-in-argentinas-grupo-polenta-known-for-its-dj-driven-music-experiences/

UMG’s GTS strikes Telemundo deal for ‘Operación Triunfo Estados Unidos’ – with first call on signing the show’s artists

The agreement gives GTS a preferential right to sign the artists who emerge from the program, plus a role in developing their eventual concert tour. Source source https://www.musicbusinessworldwide.com/umgs-gts-strikes-telemundo-deal-for-operacion-triunfo-estados-unidos-with-first-call-on-signing-the-shows-artists/

Jermaine Dupri’s So So Def sues Sony Music for $18m over alleged unpaid royalties on Kris Kross, Xscape, Mariah Carey and Usher records

The complaint alleges Sony never reported producer or override royalties on Kris Kross's first two albums until 2023. Source source https://www.musicbusinessworldwide.com/jermaine-dupris-so-so-def-sues-sony-music-for-18m-over-alleged-unpaid-royalties-on-kris-kross-xscape-mariah-carey-and-usher-records/

Alibaba entertainment arm Damai launches artist development label ORCA and a worldwide audition to build global music group

The audition, run by ORCA in partnership with All My Anecdotes, will act as a talent pipeline for the label's future projects, and runs from July 3 to August 3. Source source https://www.musicbusinessworldwide.com/alibaba-entertainment-arm-damai-launches-artist-development-label-orca-and-a-worldwide-audition-to-build-global-music-group/