Universal Music Group Pulls Drake, Arianna Grande and Other Top Acts from Triller

Sam Blake

Sam primarily covers entertainment and media for dot.LA. Previously he was Marjorie Deane Fellow at The Economist, where he wrote for the business and finance sections of the print edition. He has also worked at the XPRIZE Foundation, U.S. Government Accountability Office, KCRW, and MLB Advanced Media (now Disney Streaming Services). He holds an MBA from UCLA Anderson, an MPP from UCLA Luskin and a BA in History from University of Michigan. Email him at samblake@dot.LA and find him on Twitter @hisamblake

Universal Music Group Pulls Drake, Arianna Grande and Other Top Acts from Triller

Universal Music Group lashed out against L.A.-based short-form video app Triller on Friday, pulling its extensive music catalog of artists, including Drake, Post Malone, Arianna Grande, Selena Gomez, Eminem and hundreds of others from the app.

The app has yet to take down the entire song catalog.

UMG claims Triller has withheld payments to artists and has refused to negotiate a new deal, while Triller said it remains in the process of renegotiating its expired contract with the music giant.


"We will not work with platforms that do not value artists," UMG said in an emailed statement. "Triller has shamefully withheld payments owed to our artists and refuses to negotiate a license going forward. We have no alternative except to remove our music from Triller, effective immediately."

Triller has previously touted its music licensing deals as an important factor in its competition with similar apps like TikTok, Snap and Instagram. In July, executive chairman Bobby Sarnevesht told dot.LA that "what differentiates Triller is we've always had music licenses in place."

Triller said that its contract with UMG expired a week ago and that it already has relationships with artists, so it no longer needs a deal.

"We have been negotiating since then in an attempt to renew. The renewal, however, was just a formality and a courtesy to UMG, as a shareholder of Triller," the company said in a statement. "Triller does not need a deal with UMG to continue operating as it has been since the relevant artists are already shareholders or partners on Triller, and thus can authorize their usage directly. Triller has no use for a licensing deal with UMG."

"Triller's statements are removed from reality," said a UMG spokesperson.

Triller's original deal with UMG expired about a year ago but the two companies had continued working under a series of short-term contract renewals, according to a source familiar with the matter. A couple months ago, Triller stopped paying UMG and eventually told UMG that it no longer required a license. UMG then told Triller's music distribution partner, 7digital, to stop delivering music to Triller, according to the source, and UMG sent notice to Triller to remove all UMG content from the app.

This is not Triller's first scuffle regarding copyright licensing. In November, Wixen Music Publishing House filed a $10 million copyright infringement suit against Triller claiming it had illegally used Wixen's songs by Weezer, The Ramones, Styx and hundreds of other artists in the music publisher's 50,000-deep catalog. Triller's CEO Mike Lu at the time called Wixen's actions a "baseless shakedown." In January, Triller filed a motion to dismiss the case and in February Wixen filed a notice of opposition to dismissal; the case remains unsettled.

National Music Publishers' Association President and chief executive David Israelite has called out Triller multiple times for being loose with its copyright licensing.
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LA Venture: Emilio Diez Barroso On Why Everyone Isn’t Cut Out To Be A Founder

Minnie Ingersoll
Minnie Ingersoll is a partner at TenOneTen and host of the LA Venture podcast. Prior to TenOneTen, Minnie was the COO and co-founder of $100M+ Shift.com, an online marketplace for used cars. Minnie started her career as an early product manager at Google. Minnie studied Computer Science at Stanford and has an MBA from HBS. She recently moved back to L.A. after 20+ years in the Bay Area and is excited to be a part of the growing tech ecosystem of Southern California. In her space time, Minnie surfs baby waves and raises baby people.
LA Venture: Emilio Diez Barroso On Why Everyone Isn’t Cut Out To Be A Founder
Photo: provided by LAV

On this episode of the LA Venture podcast, Bold Capital Partner Emilio Diez Barroso talks about his entrepreneurial journey, what led him to become an investor and shares the qualities he looks for when investing in companies.

Bold Capital is a Series A fund that primarily focuses its investments in deep tech and biotech companies. But, like other funds, they make excuses to invest in other companies every now and then.

“We're always interested in things that have the potential to truly transform how things are done and uplift humanity,” he said.

In his experience with investing in early stage startups, Diez Barroso said “humility and vulnerability are assets and qualities in the journey, and you don’t feel like you have to have it all together with your investors.”

Which is why he looks for people who have “this capacity to take full responsibility for how they show up and they have a vision and they have the willingness to go and execute it.”

In addition to his work at Bold Capital, Diez Barroso also runs two family offices which provide him with a surplus of knowledge in the investment space.

“I wear two very different hats,” he said, “and I invest very differently when I'm investing for myself, when I'm investing for my family, and when I'm investing for LP’s.”

But before becoming an investor, Diez Barroso got his entrepreneurial start when he arrived in Los Angeles. He admits that he failed plenty of times because unlike in Mexico, where Diez Barroso grew up, he didn’t have the same access to the contacts or resources of his family business.

“I would say yes to every opportunity that came my way,” he said, “I had started or partnered with someone and co-founded and most of them I had no idea what I was doing, so most of them really failed and a few got lucky enough to succeed.”

After learning how these startups worked and investing his own capital into several companies, he soon realized he was a much better investor than an operator.

“I think we're not all cut out for the journey,” he said, “and I don't think we should all be cut out for that journey. I think that it takes a very different character to start something from scratch.”

Throughout his own journey, Diez Barroso acknowledged that he struggled with his own identity and need to feel like the smartest person in the room. Once he better understood his own motivations, Diez Barroso was able to see that he was chasing the next reward, the next carrot.

“It's fun to close the deal and it's fun to grow the business,” Diez Barroso said. “But what I hadn't been in contact with is how much of my fuel was derived from trying to outrun the idea of not feeling good enough.”

Of course, he’s not alone. “I see a lot of entrepreneurs, activists all across fields and I can tell the difference when they're running from this fuel that is sort of very quick burning because there is an anxiety that oftentimes makes us narrow minded,” Diez Barroso said. “We are so attached to what we think should happen that we leave very little space for the possibilities.”

dot.LA Reporter Decerry Donato contributed to this post.

Click the link above to hear the full episode, and subscribe to LA Venture on Apple Podcasts, Stitcher, Spotify or wherever you get your podcasts.

This podcast is produced by L.A. Venture. The views and opinions expressed in the show are those of the speakers and do not necessarily reflect those of dot.LA or its newsroom.

Xos Receives Multi-Million Dollar Order for Armored EVs

David Shultz

David Shultz reports on clean technology and electric vehicles, among other industries, for dot.LA. His writing has appeared in The Atlantic, Outside, Nautilus and many other publications.

Xos Receives Multi-Million Dollar Order for Armored EVs
Xos/Loomis
The United States transportation sector is rapidly adopting electric vehicle technologies at every level. From aircrafts, to tractor trailers, to sedans and bicycles, no means of locomotion is off limits…even armored trucks.
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