Triller, Sony Music Settle Music Licensing Fees Dispute ...Middle East

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Triller, Sony Music Settle Music Licensing Fees Dispute
Triller has settled a lawsuit from Sony Music accusing it of showing “brazen contempt for the intellectual property rights” of its artists by ceasing to pay license fees for the use of the company’s songs on the social video app. The deal was reached on July 21 after a federal judge overseeing the case sided with Sony on its breach of contract claim and ordered Triller to pay $4.6 million, according to a securities filing issued on Wednesday. The settlement includes an “agreed plan” for payment of the judgment on top of an additional undisclosed amount in exchange for dropping the remaining copyright infringement claim

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