Music

Peloton settled a lawsuit filed by members of the U.S.’s music-publishing trade organization that had sought more than $300 million in damages over the interactive-fitness company’s alleged use of 2,468 unlicensed songs. The National Music Publishers’ Association (NMPA), which represents American music publishers and songwriters, and Peloton together announced that they have “fully settled” the
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Friday afternoon’s announcement that Paul Rosenberg will be stepping down as CEO of Def Jam Records caught nearly everyone by surprise — including, briefly, the label’s parent company Universal Music Group, sources say. But the company pivoted quickly, appointing well-respected UMG chief counsel Jeff Harleston as interim chief while the suddenly public search for a
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