Tips Music has issued an official clarification after a court granted interim protection to Puja Entertainment in a dispute over alleged unauthorized use of Bollywood intellectual property. Tips Music strongly disputed the claims, saying they are malicious and misconceived, and pointed to film titles involved, including an upcoming release tied to the controversy.
Tips Music promoters are exploring a sale of a minority stake to raise fresh capital for film content investments and to further strengthen their control over music rights. Earlier discussions with Universal Music Group stalled, with the breakdown attributed to disagreements on stake sizing and governance. Now, the company plans to look beyond strategic partners and raise funds from financial investors.
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