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Chance the Rapper wins second trial against ex-manager Pat Corcoran, who must hand over merch vendor payments – and up to $1.5M in fees, according to Chance’s team
The ruling does not put a number on what Corcoran owes, but representatives for Chance say he is likely to forfeit up to $1.5 million in management fees. Source...

Mohnish Sani appointed Head of Strategy and Growth for HYBE Americas
The role is newly created at the company, which oversees HYBE's business in the US, Canada, and Latin America. Source...

Donald Trump signs American Music Tourism Act into law, tasking Commerce Department with promoting travel to US music sites and events
Under the Act, music tourism covers travel to attend a festival, a concert, or another live musical performance or music-related special event. Source...

Ben Katovsky joins Matt Spetzler’s Pipeline as CEO
Pipeline is the $200 million-backed financing platform for the music and creative industries that launched in January through Matt Spetzler's investment firm Jamen Capital. Source...

Here’s exactly what Amazon, Spotify, Apple and other streaming services want to pay songwriters for 2028–2032
Spotify, Apple, Amazon, Pandora, and Google have filed their rate proposals in Phonorecords V Source...

Jim Roppo named Vice Chairman of Warner Records Group
Roppo joins from Universal Music Group, where he most recently served as Chairman and CEO of Republic Records. Source...

YouTube Music starts labeling AI-generated songs, using partner disclosures and its own detection tools
'Our listeners have told us they want transparency when they're hearing an AI-generated track,' said YouTube Source...

Multiple layoffs at Universal Music Group, as $270M cost-cutting program continues
Execs such as Tunji Balogun, Ben Mortimer, Nicole Wyskoarko, and Sam Riback are leaving UMG Source...

Taylor Swift expands voice trademark filings to the UK, EU, and Australia
The filings follow three applications submitted to the US Patent and Trademark Office (USPTO) in April Source...

Summer Walker sues LVRN for fraud, asks court to void 2017 deal as Interscope pursues $50M+ claim against her (report)
The suit came to light days after Universal Music Group's Interscope Records sued Walker for more than USD $50 million. Source...