Exploration Audio Newsletter - January 1, 2022

The FCC has recently approved investment entity GMEI to acquire up to 14.99% of the shares in American radio giant iHeart. Earlier this year, GMEI had already bought more than 5% of the company controlling approximately 6.6% of total equity and 8.7% of voting interests.

Taylor Swift is filing another dismissal of the song-theft lawsuit over the lyrics of “Shake It Off” before it ends up in front of a jury. Songwriters Sean Hall and Nathan Butler accused Swift of ripping off their 2001 song “Playas Gon Play” in 2017. After a first dismissal, the duo brought it to the appeals court and the case is now sent back to court again for take two.

US and UK vinyl sales are continuing to grow, according to the BPI and MRC Data. In the US, fans have reportedly purchased 2.11 million vinyl albums during the seven days ending on December 23rd, the highest weekly total since at least 1991. And in the UK, domestic fans purchased over 5 million LPs in the year, marking an 8% improvement from 2020.

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