Music Business Worldwide covered Lyricfind’s lawsuit against Musicxmatch and TPG over alleged antitrust violations
LyricFind has lodged an antitrust lawsuit against lyrics provider Musixmatch and its private equity owner TPG Growth.
– Mandy Dalugdug, Music Business Worldwide
The lawsuit was filed in the US District Court for the Northern District of California on Wednesday (March 5), alleging eight federal antitrust violations and five state law claims stemming from what LyricFind describes as an “unprecedented” and “exclusive” arrangement that threatens competition across the music industry.
The case centers on a March 2024 agreement that grants Musixmatch exclusive rights to both sub-license Warner Chappell Music lyrics and provide the lyric data to third parties, even those who have direct licensing relationships with WCM.