Universal Music Group NV has filed a lawsuit against French record label Believe SA seeking damages of at least $500 million over copyright infringement.
The Netherlands-based record label argued that Believe’s growth and profitability in recent years was achieved by “operating as a hub for the distribution of infringing copies of the world’s most popular copyrighted recordings,” according to a complaint filed in Manhattan’s Southern District of New York.
Universal Music, the world’s largest record label that represents singers including Taylor Swift and Drake, has been advocating for artists to be more fairly compensated and