Universal Buys Univision Music
Universal Music Group has purchased Univision Music Group, which includes Univision’s music recording and publishing division. The buyout gives Universal a commanding lead in the Latin marketplace in North America, but is subject to regulatory approval. Univision Music Group is the largest Latin label in the US and includes Univision Records, Fonovisa Records, Disa Records and La Calle with close to a 40% marketshare according...
RIAA Dishes Yet Another Round Of Mindless Drive-Thru Settlement Lawsuits
The Recording Industry Association of America (RIAA) has unleashed another wave of pre-litigation settlement letters to universities this week. Just over 400 letters were dispersed to students in 12 universities across the United States, who were identified by IP addresses. Recipients of the letters have the opportunity to avoid a potential copyright infringement lawsuit by settling out of court for a reduced fee, something...
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