Another $1bn washes into the music business, as CTM partners with US fund to buy publishing and master rights

Another US-based investment firm has unveiled plans to pour ten figures of fresh money into the music business, as Dallas-based Outlander Fund and Netherlands-based CTM BV announce a strategic alliance to acquire music publishing and master rights. The partnership has already acquired over 1,000 songs from TEN Music Group, including hits by Rihanna and Shakira.

Source: Another $1bn washes into the music business, as CTM partners with US fund to buy publishing and master rights

RightsTech Extra

The TikTok Follies

By Paul Sweeting

Congress has passed, and President Biden has now signed, a bill requiring ByteDance to sell TikTok to an American buyer or American-controlled company within 270 days (possibly extendable to a year), or face having the app banned from the U.S. Things are not likely to work out quite as neatly as that forced choice would have it. TikTok CEO Shou Zi Chew issued a defiant statement in response to the bill’s passage proclaiming “we aren’t going anywhere,” and vowing to challenge the law in court. “We are confident, and we will keep fighting for your rights in the courts,” he said. “The facts and the Constitution are on our side, and we expect to prevail again.”... Read More >>

Share this: