Universal Music Group (UMG), the world’s leading music company, announced that it has acquired UK-based Eagle Rock Entertainment, an independent producer and distributor of music programming. The terms of the agreement are not being disclosed.
Maker Studios‘ board has approved the company’s sale to Disney, but a former employee is providing an added hurdle. Three days after the top YouTube network parried ex-CEO Danny Zappin’s attempt to break up the acquisition, it is facing a fresh lawsuit from Maker stockholder Andy Faberlle.
The rapper known as “50 Cent” stole trade secrets to the tune of $15 million, an arbitrator found. A filing in the U.S. District Court for the Southern District of Florida earlier this month disclosed the final award for theft of trade secrets relating to a headphone design from an audio company 50 Cent had helped finance.
Looking to sue a corporation? Quick, check your Facebook interests. The New York Times reports today that now your innocent thumbs-up on a brand on Facebook—or the downloading of a coupon—could limit your right to your day in a proper court.