Hipgnosis, which owns the rights to songs by Justin Bieber and Neil Young, helped kick-start a rush on catalog sales. But its future has been in doubt.
The estate said it had denied a clearance request by Ty Dolla Sign and the rapper once known as Kanye West, who then used the song on their new album, “Vultures 1.”
The richest music catalog deal to date would give Sony half of Jackson’s recorded music and songwriting rights, valuing the total collection at $1.2 billion or more.
Universal Music Group, the biggest of the three major conglomerates, pulled songs by Taylor Swift, Drake and other stars after failing to agree on a new contract. Here’s what’s at stake.
The music giant, home to stars like Taylor Swift and Drake, had threatened to withdraw licenses for its tracks to the social media juggernaut if they failed to come to a new agreement.