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PM News Update: WMG Settles Shareholder Lawsuits, Davis To Head Alliance, Rightsflow Reacts To Cloud

WMG is settling the two class action lawsuits brought by shareholders upset with the company's recent sale, according to Billboard. CD and DVD wholesaler Alliance Entertainment has named former Universal. Continue reading [https://www.hypebot.com/hypebot/2011/06/pm-news-update-wmg-settles-shareholde

  • WMG is settling the two class action lawsuits brought by shareholders upset with the company's recent sale, according to Billboard.
  • CD and DVD wholesaler Alliance Entertainment has named former Universal Music Enterprises executive Mike Davis as  president. Alan Tuchman resigned as CEO in April.

MORE:

  • Licensing and royalty service provider RightsFlow has added enhanced support for record label and distribution clients licensing to iCloud and other cloud music services.