Music Business News: North America

Record labels have sent ‘hundreds of thousands’ of copyright infringement notices to Verizon. Now they’re suing the internet provider for over $2bn

Record companies sue ISP for alleged 'massive copyright infringement committed by tens of thousands of its subscribers'.

David Wolter and Miles Beard named Co-Heads of East Coast and West Coast A&R at Republic Records

Wolter is based in New York, while Beard is based in Los Angeles

After raising $150M at $1bn valuation, avatar startup Genies launches network to connect cultural icons with innovation partners

Celebrities like Paris Hilton and Camila Cabello have invested in the avatar creation company

Downtown Music holds talks with PE firms, major music company regarding sale (report)

The music company has been shifting focus from copyright ownership to providing services for copyright holders

From Blackstone’s Hipgnosis deal to the US Copyright Office’s ‘landmark’ ruling… it’s MBW’s Weekly Round-Up

The biggest stories from the past week – all in one place

Shazam users can now find artists’ Ticketmaster events through the app

Ticketmaster's partnership with Shazam follows its integrations with TikTok and Snapchat

Tom Kershaw, Justin Rohde join BMI as Chief Technology Officer and Chief Transformation Officer amid widespread change at the PRO

The PRO recently switched to a for-profit model, and was sold to a shareholder group led by New Mountain Capital

Streaming fraud costs the global music industry $2bn a year, according to Beatdapp. Now it’s partnering with Beatport to combat the trend

“Suspicious activity has been on the rise in recent months," Beatport's Chief Revenue Officer says