Universal Music Group (UMG) and investment platform Republic have reached a settlement in their three-year trademark dispute. The conflict began when OpenDeal, operating as Republic, expanded into music NFTs in October 2021.

The dispute originated when Republic, a financial technology firm specializing in private market investment services, launched music NFT projects featuring artists like Lil Pump and KSHMR. UMG, parent company of Republic Records, demanded the platform operate its music services under a different name.

After years of legal proceedings, both parties reached a settlement during an in-person conference on December 11th, 2024. The judge dismissed the case without costs and without prejudice, allowing reopening within 60 days if the settlement terms aren't met.

While specific settlement terms remain undisclosed, Republic's music-investments page continues to operate, though at a modified web address. The company has also switched from a .co to .com domain since the lawsuit's filing.

Universal Music remains involved in other significant legal battles, including:

• A $200 million royalty dispute with Limp Bizkit and others
• A lawsuit against TuneCore and Believe over alleged copyright infringement and unauthorized distribution of protected recordings

The resolution marks a significant development in music industry trademark protection, particularly regarding the intersection of traditional music business and emerging digital investment platforms.

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