Billboard covered LyricFind’s lawsuit filing against Musicxmatch over their alleged anti-competitive behavior stemming from an agreement between Musixmatch and Warner Chappell.
LyricFind is suing Musixmatch over allegations that its rival struck an exclusive licensing deal with Warner Music Group (WMG) that’s “unprecedented in the music industry” and is aimed at securing an illegal monopoly for providing lyrics to streamers like Spotify.
– Bill Donahue, Billboard
In a complaint filed Wednesday (March 6) in San Francisco federal court, LyricFind accuses Musixmatch and private equity owner TPG Global of violating federal antitrust laws by signing the deal with Warner Chappell Music (WCM), the publishing division of WMG, claiming it was designed to crush competition.