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Belfast singer/songwriter Jordan Adetunji, who scored a viral hit earlier this year with the single “Kehlani,” signed to 300 Entertainment in North America and Warner Records UK, the companies tell Billboard. “Jordan is a generational talent whose music transcends genres,” said Kevin Liles, CEO of 300 Entertainment, in a statement. “300 is built on recognizing […]
LONDON — Scottish indie rock band The Jesus and Mary Chain and Robert Fripp, a founder member of British prog rock act King Crimson, are among a group of musicians and songwriters who have filed a joint lawsuit against U.K. collecting society PRS for Music over how it licenses and administers their live performance rights, accusing the organization of a “lack of transparency” and “unreasonable” terms for its members.
According to legal papers filed at London’s High Court, which have been viewed by Billboard, the 10 claimants are suing PRS for Music for damages resulting from what they describe as “unnecessary contractual requirements and practices.”
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These include PRS placing a number of “unreasonable” obstructions on members who wish to withdraw their live public performance rights and instead strike their own direct licensing deals with promoters, venues or festivals, say attorneys.
The claimants also accuse PRS for Music — which represents the rights of more than 160,000 songwriters, composers and music publishers — of charging higher administration fees to smaller acts than some of its most popular and highest-grossing songwriter members, thus creating a two-tier system where the most successful musicians are effectively being subsidized by the rest of PRS’s membership.
Such preferential treatment goes against the society’s mandate as a collective management organization, say the claimants. As part of their legal action, they cite internal PRS figures that, according to a spokesperson, indicate that rights holders participating in the organization’s Major Live Concert Service — which handles royalty administration for acts playing venues with a capacity of above 5,000 people — can pay an average administration fee effective to 0.2% while the wider PRS membership pays 23%, proportionately around 115 times more.
The lawsuit additionally accuses PRS of deliberately withholding information from its members about deductions from their royalty income when their rights are licensed internationally. This lack of transparency means writers are unable to make fully informed decisions about licensing their rights, say the claimants’ attorneys, who accuse the London-based collecting society of “not acting in their [members’] best interests.”
The lawsuit is being led by Pace Rights Management, a direct competitor to PRS for Music, which licenses and administers live performance rights for composers, lyricists, songwriters, publishers and other rights-holders.
Also listed among the 10 claimants are five members of the band Haken; The Jesus and Mary Chain’s founders and core duo, Jim and William Reid; and Fripps’ King Crimson bandmate Michael Jaksyk.
In a joint statement, the ten claimants say that PRS has repeatedly refused to discuss or “constructively engage” with their complaints over a period of several years and accuse the society of straying “significantly from the principles on which it was founded 110 years ago, to the point that the organisation’s policies no longer appear to be operating in the best interests of its members.”
“Regretfully,” the claimants’ statement continues, “we have been left with no option but to seek redress through the courts. The ball is now firmly in PRS’s court. Either they constructively engage with much needed reforms to empower and benefit writers and publishers, or they continue to resist these necessary changes, and attempt to defend the indefensible.”
“I am yet to be persuaded that the PRS operates on behalf of the membership’s best interests,” added Fripp in a statement.
In response, PRS for Music said that it “fundamentally” rejects the allegations and “will be vigorously defending the society against these claims.”
“PRS for Music has consistently sought constructive dialogue with PACE for many years, proposing and implementing solutions to the issues raised,” said the organization in a statement, which accused PACE of itself failing to engage with PRS to find a solution.
“This has resulted in royalties being unnecessarily withheld from PRS members for the live performance of their works at concerts and also created complexity and uncertainty for live music venues and promoters,” the society hit back.
Referring to the terms of its Major Live Concert Service (MLCS), PRS said the initiative was “just one part of a wide range of services” which it provides to members at different stages of their career, including songwriting camps, mentoring schemes and touring and hardship grants for new acts. Last year, the organization paid out £943 million in royalties to its members.
“Given PRS for Music’s sincere efforts to engage constructively, it is disappointing that PACE has taken the step to issue proceedings against us,” said PRS for Music.
Blackstone doesn’t intend to increase its latest offer to acquire Hipgnosis Songs Fund (HSF), the London-listed investment trust it first launched a takeover bid for on April 20. The private equity firm said in a regulatory filing Tuesday (June 25) that the financial terms of its June 3 offer “are final and will not be […]
Billionaire hedge fund titan Steve Cohen‘s Point72 Asset Management has acquired a 5.5% stake in Sphere Entertainment Co, the MSG Entertainment spin-off company that owns the state-of-the-art Las Vegas Sphere venue. Point72 disclosed in a regulatory filing on Monday (June 24) that it acquired 1.56 million shares of Sphere Entertainment Co in the second quarter, […]
The business of music has transformed in the last two decades, driven by technology that shattered barriers to entry and creators’ determination to control their destiny. At the 66th Grammy Awards earlier this year, more than half of the nominees were independent. And it’s more than just business: the indie movement has enabled diverse voices that could not be heard previously to occupy their rightful place in the industry. This makes music, and our society, more egalitarian and better.
Whether blues, punk, hip-hop or country, America’s most recognizable music genres started out in the indie sector, and today the association I lead has more than 750 members across 35 states, and most of them are small businesses with less than 50 employees. As the music industry has changed, so have they.
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Yet, some of the most important players in the music ecosystem cling to a bygone era that was dictated by the motto, “Might Makes Right.”
Exhibit A is iHeartRadio. The corporate behemoth controls 860-plus stations across the country that play over 50 million songs a year. Those songs helped iHeart’s multiplatform group — covering broadcast radio and national sales — generate more than $2.4 billion in 2023 alone, according to its latest earnings report.
But iHeart is stuck in 1990. It doesn’t bother discovering new artists. Instead, it overplays the hits and milks classic songs that were released decades ago. Despite the growing movement to achieve economic justice, iHeart denies artists and labels payment for their work.
Take a moment to reflect on that. iHeart makes $12 billion a year playing music but refuses to pay the hard working and talented people who perform and produce the songs that are the reason consumers tune-in in the first place. In its desperate attempt to cling to the past, iHeart and lobbyist group the National Association of Broadcasters (NAB) have spent nearly $100 million since 2020 lobbying Congress and spreading campaign contributions around to maintain the unfair status quo.
iHeart is powerful. But it’s on the wrong side of history. And it’s about to face what it hates most: a public forum where broadcasters must defend their craven practices. On Wednesday (June 26), the House Judiciary Committee will hold a hearing on the refusal of broadcasters to pay music creators for their work.
Richard James Burgess speaks onstage during the GRAMMY Influencer Activation at GRAMMY House during the 66th GRAMMY Awards on Feb. 1, 2024 in Los Angeles.
Jerod Harris/Getty Images for The Recording Academy
Of course, iHeartMedia CEO Bob Pittman won’t testify. He leaves the dirty work to the NAB. But that doesn’t matter. When the issue of compensation for AM/FM airplay is held in a public forum, broadcasters lose. That is why their lobbyists work so hard to prevent congressional hearings. But courageous members of Congress such as Reps. Darrell Issa (R-Calif.) and Jerry Nadler (D-NY) are making sure there is a public debate. And they have a solution to ending the injustice: the American Music Fairness Act, which would grant an AM/FM performance royalty. This bill would bring AM/FM radio into the 21st Century, and finally grant American recording artists the same rights enjoyed by their counterparts in almost every other country on the planet.
In the last two decades, how we discover and listen to music has dramatically changed, and not just the move from vinyl records to streaming. We can now ask a device in our house, such as Alexa, to play music, and it does. Spotify and SiriusXM are now buttons next to AM/FM on the dashboard of our cars. Polling from 2020 found that of the people who regard staying up to date on new music as important to them, only 11% turn to AM/FM radio to do so. Even in my generation, that number is only 27%. OK, Boomers!
We need to update the laws to catch up to these changes. It makes no sense if, when driving, music creators heard on SiriusX are being compensated, but not if you hear them on an AM/FM station. If you listen to radio programming through the iHeartMedia app on your phone, through a smart speaker, or even in your car, iHeart has to pay creators too. That’s why they have their hand out to Congress asking for a mandate to keep AM radios in cars.
The American Music Fairness Act brings justice and balance to the industry. Music creators get paid for their work. AM/FM stations have to pay just like the streaming services. And, because the legislation protects truly local radio stations, most stations in the country would pay just $10 to $500 a year to play music.
I know independent music creators, who I represent as president and CEO of the American Association of Independent Music, could definitely use the income from those royalties. My members love partnering with true locally controlled community radio stations, but the behemoths usually don’t take their calls. There are hundreds of thousands of artists and other creators who hustle and struggle to make a living by giving us the music we love.
This approach is fair, it’s equitable, and it’s just. And iHeart hates it.
Broadcasters try to create as much fear, uncertainty, and doubt to avoid doing what’s right. They claim a $500 annual fee to play music would decimate stations’ ability to broadcast emergency communications – then they hike the annual dues it charges its members. They cling to the asinine rationale that the alleged promotional value of radio play justifies their immoral scheme. Worse, broadcasters claim they shouldn’t have to pay for the songs they play while demanding Congress get more money for them when their content is used by YouTube and other platforms.
Broadcasters do all of this with a straight face. But time is running out. When the arc of justice comes around, iHeart and the National Association of Broadcasters will learn they are on the wrong side of history.
Dr. Richard James Burgess is an acclaimed musician, singer, songwriter, record producer, composer, author, manager, marketer and inventor, who presently serves as the president and CEO of the American Association of Independent Music (A2IM).
On Monday (June 24), the three major music companies filed lawsuits against artificial intelligence (AI) music startups Suno and Udio, alleging the widespread infringement of copyrighted sound recordings “at an almost unimaginable scale.” Spearheaded by the RIAA, the two similar lawsuits arrived four days after Billboard first reported that the labels were seriously considering legal action against the two startups.
Filed by plaintiffs Sony Music, Warner Music Group and Universal Music Group, the lawsuits allege that Suno and Udio have unlawfully copied the labels’ sound recordings to train their AI models to generate music that could “saturate the market with machine-generated content that will directly compete with, cheapen and ultimately drown out the genuine sound recordings on which [the services were] built.”
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Hours later, Suno CEO Mikey Shulman responded to the lawsuit with a statement sent to Billboard. “Suno’s mission is to make it possible for everyone to make music,” he said. “Our technology is transformative; it is designed to generate completely new outputs, not to memorize and regurgitate pre-existing content. That is why we don’t allow user prompts that reference specific artists. We would have been happy to explain this to the corporate record labels that filed this lawsuit (and in fact, we tried to do so), but instead of entertaining a good faith discussion, they’ve reverted to their old lawyer-led playbook. Suno is built for new music, new uses, and new musicians. We prize originality.”
An RIAA spokesperson fired back at Shulman’s comment, saying: “Suno continues to dodge the basic question: what sound recordings have they illegally copied? In an apparent attempt to deceive working artists, rightsholders, and the media about its technology, Suno refuses to address the fact that its service has literally been caught on tape — as part of the evidence in this case — doing what Mr. Shulman says his company doesn’t do: memorizing and regurgitating the art made by humans. Winners of the streaming era worked cooperatively with artists and rightsholders to properly license music. The losers did exactly what Suno and Udio are doing now.”
Udio responded on Tuesday (June 25) with a lengthy statement posted to the company’s website. You can read it in full below.
In the past two years, AI has become a powerful tool for creative expression across many media – from text to images to film, and now music. At Udio, our mission is to empower artists of all kinds to create extraordinary music. In our young life as a company, we have sat in the studios of some of the world’s greatest musicians, workshopped lyrics with up-and-coming songwriters, and watched as millions of users created extraordinary new music, ranging from the funny to the profound.
We have heard from a talented musician who, after losing the ability to use his hands, is now making music again. Producers have sampled AI-generated tracks to create hit songs, like ‘BBL Drizzy’, and everyday music-lovers have used the technology to express the gamut of human emotions from love to sorrow to joy. Groundbreaking technologies entail change and uncertainty. Let us offer some insight into how our technology works.
Generative AI models, including our music model, learn from examples. Just as students listen to music and study scores, our model has “listened” to and learned from a large collection of recorded music.
The goal of model training is to develop an understanding of musical ideas — the basic building blocks of musical expression that are owned by no one. Our system is explicitly designed to create music reflecting new musical ideas. We are completely uninterested in reproducing content in our training set, and in fact, have implemented and continue to refine state-of-the-art filters to ensure our model does not reproduce copyrighted works or artists’ voices.
We stand behind our technology and believe that generative AI will become a mainstay of modern society.
Virtually every new technological development in music has initially been greeted with apprehension, but has ultimately proven to be a boon for artists, record companies, music publishers, technologists, and the public at large. Synthesizers, drum machines, digital recording technology, and the sound recording itself are all examples of once-controversial music creation tools that were feared in their early days. Yet each of these innovations ultimately expanded music as an art and as a business, leading to entirely new genres of music and billions of dollars in the pockets of artists, songwriters and the record labels and music publishers who profit from their creations.
We know that many musicians — especially the next generation — are eager to use AI in their creative workflows. In the near future, artists will compose music alongside their fans, amateur musicians will create entirely new musical genres, and talented creators — regardless of means — will be able to scale the heights of the music industry.
The future of music will see more creative expression than ever before. Let us use this watershed moment in technology to expand the circle of creators, empower artists, and celebrate human creativity.
Amid an ugly divorce case, Billy Ray Cyrus is now claiming in new court filings that he was abused physically, verbally and emotionally by his soon-to-be-ex-wife Firerose.
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A week after Firerose (Johanna Rose Hodges) accused Cyrus of “psychological abuse” during their short-lived marriage, the singer fired back with his own filing on Monday – not only “vehemently” denying her allegations, but leveling his own claims of abusive behavior against his estranged wife.
“Defendant’s allegations of abuse were only made to sensationalize her false complaints by using the word abuse,” Cyrus’ lawyers write. “While the plaintiff would acknowledge that he was certainly vocal, frustrated and angry with the defendant in May 2024, it is the plaintiff who, in fact, has been abused. Not only verbally and emotionally by the defendant, but PHYSICALLY.”
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Cyrus filed for divorce on May 22, citing “irreconcilable differences” and “inappropriate marital conduct.” The pair, who first started dating in 2022 after years of friendship, were married for only 7 months before the split.
The proceedings have since turned nasty. In a June 13 filing, Cyrus filed an emergency motion accusing Firerose of nearly $100,000 in unauthorized “fraudulent” credit card charges and seeking a temporary restraining order to stop her. Her attorneys later said the accusations were “untrue.”
Then in a June 14 response to the complaint, Firerose claimed that she had been the “victim of extreme verbal, emotional, and psychological abuse. She claimed that Cyrus had been “unpredictable and volatile” due to substance abuse, and had filed for divorce just a day before she had been scheduled to undergo a preventive double mastectomy.
In his response filing on Monday, Cyrus argued that Firerose had scheduled the “elective” surgery as part of an ongoing threat to use the surgery to “ruin his longstanding career in the entertainment industry” if he chose to file for divorce. He claims that she at one point made the threat explicit, allegedly saying: “If you even think about divorcing me right now, I will tell everyone that you did it because of the double mastectomy and your career will be over.”
An attorney for Firerose did not immediately return a request for comment.
This is The Legal Beat, a weekly newsletter about music law from Billboard Pro, offering you a one-stop cheat sheet of big new cases, important rulings and all the fun stuff in between.
This week: The world’s biggest music companies file lawsuits against AI music firms accusing them of stealing copyrighted music at “an “unimaginable scale”; a federal judge rules that Megan Thee Stallion didn’t copy her chart-topping “Savage” from an earlier song; the artist formerly known as Kanye West settles a copyright lawsuit filed by Donna Summer’s estate; and much more.
THE BIG STORY: Major Labels Sue AI Music Cos. Over Training
In the latest battle between the music industry and artificial intelligence firms, the three major music companies filed lawsuits against AI startups Suno and Udio over allegations that they copyrighted music to train their models on an “unimaginable scale.” Like numerous other copyright cases already filed by book authors, visual artists, newspaper publishers and other creative industries, the new lawsuits ask what could ultimately wind up being a trillion-dollar legal question: Is it copyright infringement to use vast troves of proprietary works to build an AI model that spits out new creations? Or is it just a form of legal fair use, transforming all those old works into something entirely new? The music business already picked that fight once, when major publishers sued AI giant Anthropic last year over its use of written lyrics to train AI models. (That case remains pending). But the new case, spearheaded by the Recording Industry Association of America, is the first to deal with sound and music itself, targeting two companies that are offering models that spit out full songs at the push of a button. Suno and Udio have quickly become two of the most important players in the emerging field of AI-generated music. Udio has already produced what could be considered an AI-generated hit song with “BBL Drizzy,” a parody track popularized with a remix by super-producer Metro Boomin and later sampled by Drake himself. And as of May, Suno had raised a total of $125 million in funding to create what Rolling Stone called a “ChatGPT for music.” In the new lawsuit, the record labels alleged that that success had been built on the backs of real human artists: “Since the day it launched, Udio has flouted the rights of copyright owners in the music industry as part of a mad dash to become the dominant AI music generation service. Neither Udio, nor any other generative AI company, can be allowed to advance toward this goal by trampling the rights of copyright owners.” For more, go read Kristin Robinson’s full story on the new lawsuits, complete with access to the actual complaints filed against Suno and Udio. And stay tuned to Billboard for more updates as the two cases unfold in the federal courts…
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Other top stories this week…
MEGAN WINS COPYRIGHT CASE – A federal judge ruled that Megan Thee Stallion didn’t copy her chart-topping song “Savage” from an earlier song, saying the songs were “qualitatively different” and that there was no evidence the superstar has ever even heard the little-known instrumental track. SUMMER SAMPLE SETTLEMENT – Ye (formerly Kanye West) finalized a settlement with the estate of Donna Summer to resolve a copyright lawsuit that accused him of “shamelessly” using her 1977 hit “I Feel Love” without permission in his song “Good (Don’t Die).” An attorney for the Summer estate confirmed to Billboard that the settlement did not include a license for West to legally re-release the offending track: “We got what we wanted.” YSL TRIAL DRAMA CONTINUES – Yak Gotti, one of Young Thug’s co-defendants in the YSL gang case in Atlanta, asked the Georgia Supreme Court to force Judge Ural Glanville to recuse himself from the ongoing trial, citing recent revelations about a secret meeting between the judge, prosecutors and a key witness. Gotti’s lawyers warned that the judge’s actions “offend public confidence in the independence, integrity, and impartiality of the judiciary.” ALBUM HACKING SUIT RESOLVED – Kelsea Ballerini reached a settlement to end her lawsuit against Bo Ewing, a superfan she had accused of hacking her and then leaking her unreleased album. Ballerini agreed to drop the case after Ewing promised to never again share or access the offending materials. MADONNA CASE CLOSED – Two Madonna fans dropped their lawsuit complaining about delayed starts to her concerts, but the star’s lawyers quickly clarified that the move was “not the result of any settlement.” Reiterating earlier claims that the lawsuit had been a “strike suit” aimed at extorting a settlement, Madonna’s attorneys say they might still seek legal sanctions against the lawyers who filed the “frivolous” case. PETTY DOC SPARKS LAWSUIT – A filmmaker named Martyn Atkins filed a lawsuitagainst Warner Music over the 2021 Tom Petty documentary Somewhere You Feel Free, claiming the movie featured 45 minutes of his copyrighted film footage of the late rock legend without permission or payment. Atkins claimed he had been “conned” into sharing the footage with the producers after they promised him the chance to direct the documentary.
JKBX, the music investment platform backed by Spotify and Red Light Management, said Tuesday (June 25) that yields on more than half the songs up for investment on the platform saw substantial increases in 2023. That’s evidence, the start-up’s execs say, that if it makes dollars, it makes sense.
Pronounced “jukebox,” JKBX’s first Securities and Exchange Commission-regulated offering went live in March, giving average Joe investors the chance to buy royalty shares that earn money when songs like Adele‘s “Rumour Has It” or Taylor Swift‘s “Welcome To New York” get played.
Ten of the 85 songs in JKBX’s initial offering generated yields of 5% to 9.6% percent in 2023, while total revenue for songs in the listing was up 9% in 2023 compared to 2022, the company said. While investors get paid dividends based only on income that JKBX has received since April 1, which excludes most of the 2023 reported income, the jump in yields makes the case that investors stand to earn tangible returns, JKBX executives say.
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The highest-earning song by 2023 revenues was OneRepublic‘s “Counting Stars”, which generated $376,750 in combined revenue from the songwriter’s share of composition rights and producer’s share of sound recording rights. That works out to a 5.5% yield per royalty share for composition and a 6.98% yield per royalty share for sound recording rights.
Another OneRepublic song, “If I Lose Myself,” along with “Wings” by Birdy, were among the songs with the highest per-royalty-share yields in 2023, at 9.66% and 7.71%, respectively. When the company launched, executives estimated investor returns of around 3.5%.
The 10 most popular songs to buy royalty shares in include Beyoncé‘s “Halo,” Ellie Goulding‘s “Burn” and “Lean On” performed by Major Lazer, MØ and DJ Snake, among others. The company declined to say what percentage of the royalty shares in the initial offering have sold.
JKBX is quick to caution that future returns are not guaranteed. The estimated yields are based on the last 12 months of income, and “variations in income are expected over the copyright lifespan of the asset,” the company says.
Institutional investors like insurance companies and pension funds have led recent demand for investing in music assets because the yields on music rights are typically resilient during broader market downturns and the asset class offers low-risk returns compared to other alternative assets.
Institutional investors, private equity funds and high-net-worth individuals have poured billions into acquiring direct stakes in catalogs or backing companies that do, or into buying securities backed by catalogs held by music companies like Concord, Kobalt and Chord.
JKBX was founded in 2022 with the goal of bringing retail investors into the asset class by offering a cheaper, Securities and Exchange Commission-regulated way to invest in music. It officially launched in March of this year.
“JKBX empowers people to invest in music as a regulated security, bringing together investment fundamentals with true passion,” JKBX CEO Scott Cohen said in a statement. “I believe that the fans that helped make these songs successful should also have the opportunity to share in the wealth.”
Kelsea Ballerini has reached a settlement to end her lawsuit against a superfan she had accused of leaking her unreleased album, agreeing to drop the case after the alleged hacker promised to never again share the materials.
Ballerini sued Bo Ewing in April over accusations that he hacked her unfinished album and shared it with a fan club. The country star claimed Ewing — allegedly an ex-fan who had become disillusioned with her — had gained illegal “back-door access” to song still in production.
But Ewing’s lawyers quickly promised to stop sharing her songs and to name names of any people he’d already sent them to, suggesting he was unwilling to fight Ballerini’s lawsuit. And in a Monday filing signed by both sides, Ewing agreed to permanently be barred from leaking the star’s songs.
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“Defendant is enjoined from knowingly or purposefully accessing any unreleased recordings, unreleased performances, unreleased videos, or any other unreleased content created by, believed to have been created by, or otherwise associated with plaintiffs in any form,” the two sides wrote in a joint filing. “Defendant is enjoined further accessing any of the recordings that are the subject of this litigation and which defendant has affirmatively declared are no longer in his possession.”
In return for such an agreement, Ballerini asked the judge overseeing the case to dismiss her lawsuit permanently. Any other specific terms of the settlement, including potential monetary payments, were not disclosed in court filings. Neither side immediately returned requests for comment on Tuesday.
Ballerini filed the case in April, claiming she had been the victim of a “nefarious digital attack” carried out by “unscrupulous individuals seeking attention.” The leak not only undercut “the most critical time” for an album’s commercial success, her attorneys said, but also deprived her of her artistic agency.
“Ms. Ballerini and her team are the only people who can say when the recordings are complete,” her lawyers wrote at the time. “Defendant’s actions have stripped plaintiffs of that right and caused the distribution of unfinished work that may not yet be up to plaintiffs’ high professional standards.”
Almost immediately, though, Ewing agreed to play ball with Ballerini’s attorneys. In a filing just days after he was sued, he agreed to be bound by a preliminary injunction that required him divulge who he has already shared them with and how he came into possession of her music.
“Defendant shall, within thirty days of entry of this order, provide plaintiffs with the names and contact information for all people to whom defendant disseminated the recordings,” the agreement reads. “Defendant shall use his best efforts to disclose to Plaintiffs from whom and by what means he obtained the recordings.”
The names of any alleged co-leakers were not disclosed in court filings, and it’s unclear if Ballerini will take further legal action against any others who may have been involved the alleged hack.