<\/p>\n
This week, Suno<\/strong> and Udio<\/strong> picked up a new adversary in their copyright fight with independent musicians: Hagens Berman, <\/strong>the law firm that took on the tobacco industry and won a $260 billion<\/strong> settlement.<\/p>\n Meanwhile, the music business mourned Clive Davis<\/strong>, the legendary Arista Records<\/strong> founder, who died this week aged 94, with tributes pouring in from Rob Stringer<\/a><\/strong>, Bruce Springsteen<\/strong>, Alicia Keys,<\/strong>\u00a0Patti Smith,<\/strong> and more.<\/p>\n Elsewhere, Billboard<\/a> r<\/em>eported that Influence Media Partners has emerged as the winning bidder for Anthem Entertainment<\/a><\/strong>\u2019s music assets with an offer of more than $650 million<\/strong>.<\/p>\n Also this week, Suno<\/strong> unveiled its Spark<\/strong> incubator program for independent artists, offering grants and marketing support \u2014 but with fine-print terms barring participants from ever portraying the company in \u201ca negative light\u201d.<\/p>\n Plus, ex-Blackstone<\/strong>\u00a0executive\u00a0Vlado Spasov<\/strong>\u00a0launched alternative asset manager\u00a0Trimontium<\/strong>\u00a0with\u00a0$1.5 billion<\/strong>\u00a0in assets under management, naming music rights among its target assets.<\/p>\n Here are some of the biggest headlines from the past few days\u2026<\/p>\n Suno and Udio have a new adversary in their copyright fight with independent musicians: Hagens Berman, the law firm that took on the tobacco industry.<\/p>\n The firm has joined forces with Delgado Entertainment Law to represent independent artists whose recordings were allegedly copied without permission to train the two companies\u2019 AI music-generation models.<\/p>\n Hagens Berman announced the move on Monday (June 22), the same day it filed an amended complaint against Udio in the US District Court for the Southern District of New York\u2026 (MBW<\/a>)<\/strong><\/p>\n Clive Davis has been remembered by music industry leaders and the artists he signed, following the executive\u2019s death at the age of 94. Davis, who founded Arista Records and most recently served as Chief Creative Officer of Sony Music Entertainment<\/a>, died at his home in Manhattan on Monday (June 22).<\/p>\n Sony<\/a> Music, where Davis held that title until his death, paid tribute through Rob Stringer, Chairman of Sony Music Group<\/a> and CEO of Sony Music Entertainment\u2026 (MBW<\/a>)<\/strong><\/p>\n Influence Media Partners has emerged as the winning bidder for\u00a0Anthem Entertainment<\/a>\u2018s music assets.<\/p>\n That\u2019s according to Billboard<\/em>, which reported this week that the BlackRock-backed firm offered a little over USD $650 million for the catalog, though the transaction remains unclosed.<\/p>\n Anthem, a Canada-based music rights company, holds recorded masters and publishing royalties from artists including Rush and Timbaland\u2026 (MBW<\/a>)<\/strong><\/p>\n Suno has launched an incubator program for independent artists, offering grants, mentorship, and marketing support to a selected group of unsigned musicians.<\/p>\n The program, called Spark, was unveiled on Thursday (June 25) in a blog post co-authored by Suno Chief Music Officer Paul Sinclair and the company\u2019s Head of Creative Economy and Monetization, Rosie Nguyen.<\/p>\n \u201cMaking it as an independent artist isn\u2019t easy,\u201d Sinclair and Nguyen wrote, noting that indie artists often lack \u201cthe resources or connections to take the next step.\u201d\u2026 (MBW<\/a>)<\/strong><\/p>\n Trimontium, an alternative asset manager founded by former Blackstone executive Vlado Spasov, has launched with $1.5 billion in assets under management, the firm announced last week.<\/p>\n The London-headquartered firm has named music rights among the types of assets it is targeting, although it did not name any specific deal.<\/p>\n According to a press release, since its debut, \u201cTrimontium has executed and now manages multiple complex, bespoke, cross-border transactions across the US and Europe, demonstrating the breadth of the Firm\u2019s platform across corporate capital solutions (blending debt, hybrid, and equity), structured and asset-backed credit, and alternative investments, including music rights\u2026\u201d (MBW<\/a>)<\/strong><\/p>\n <\/p>\n Partner message: MBW\u2019s Weekly Round-up is supported by BMI<\/span>,\u00a0the\u00a0global leader in performing rights management,\u00a0dedicated to supporting songwriters, composers and publishers and championing the value of music.\u00a0Find\u00a0out more about\u00a0BMI<\/span>\u00a0here<\/span>.\u00a0<\/b><\/span><\/a>Music Business Worldwide<\/span><\/p>\n<\/div>\n \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source www.musicbusinessworldwide.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Welcome to Music Business Worldwide\u2019s Weekly Round-up \u2013 where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW\u2019s Round-up is exclusively supported by BMI, a global leader in performing rights management, dedicated to supporting songwriters, composers and publishers and championing the value of music. This […]<\/p>\n","protected":false},"author":2,"featured_media":2477076,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25179],"tags":[],"class_list":["post-2477075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-music"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/06\/From-Sunos-latest-legal-opponent-to-Influence-Medias-650M-Anthem.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2477075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2477075"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2477075\/revisions"}],"predecessor-version":[{"id":2477077,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2477075\/revisions\/2477077"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2477076"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2477075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2477075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2477075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}1. SUNO\u2019S LATEST LEGAL OPPONENT FOUGHT THE TOBACCO INDUSTRY \u2013 AND WON A QUARTER OF A TRILLION DOLLARS<\/a><\/span><\/h6>\n
2. MUSIC INDUSTRY LEADERS, MEGASTARS PAY TRIBUTE TO CLIVE DAVIS<\/a><\/span><\/h6>\n
3. INFLUENCE MEDIA EMERGES AS WINNING BIDDER FOR ANTHEM\u2019S MUSIC ASSETS WITH $650M+ OFFER (REPORT)<\/a><\/span><\/h6>\n
4. SUNO IS PAYING GRANTS TO INDEPENDENT ARTISTS\u2026 SO LONG AS THEY AGREE NOT TO CRITICIZE SUNO<\/a><\/span><\/h6>\n
5. EX-BLACKSTONE EXEC VLADO SPASOV LAUNCHES $1.5B ALTERNATIVE ASSET MANAGER TRIMONTIUM \u2013 MUSIC RIGHTS AMONG TARGET ASSETS<\/a><\/span><\/h6>\n