Latest news with #MyIPO
Free Malaysia Today
a day ago
- Business
- Free Malaysia Today
Music industry bodies secure leave to challenge new copyright guidelines
Public Performance Malaysia Bhd and Recording Performers Malaysia Bhd are challenging the Guidelines of Copyright (Collective Management Organisations) 2025. KUALA LUMPUR : The High Court has granted two collective management organisations (CMOs) representing the rights of recording performers in Malaysia leave to bring judicial review proceedings to challenge a new regulatory framework slated to come into force next year. Justice Amarjeet Singh allowed Public Performance Malaysia Bhd (PPM) and Recording Performers Malaysia Bhd (RPM) to pursue judicial review proceedings in their bid to quash the Guidelines of Copyright (Collective Management Organisations) 2025. The court also fixed Aug 7 to hear the application by PPM and RPM to stay the enforcement of the guidelines pending the disposal of the lawsuit. PPM and PRM named the controller of copyright, MyIPO, and the domestic trade and cost of living minister as respondents in their application. They claim the guidelines – scheduled to come into force on Jan 16, 2026 – were drawn up and issued by the respondents without proper consultation. They said they were only provided last year with a public consultation paper that outlined general proposals, without the specific details necessary for meaningful feedback. Both bodies claimed they only came to know the full contents of the guidelines when it was published earlier this year. They said the guidelines contained 'sweeping provisions' relating to the internal structure, constitution and governance of a CMO, its agreement with constituent members, and the terms of the licensing scheme to be implemented. They also said the copyright controller, tasked with regulating copyright matters, did not accord them a fair opportunity to be heard and reply. They further alleged that the guidelines contained provisions that exceed the powers vested by law in the controller. The court also fixed July 10 to hear a separate bid by Music Authors Copyright Protection Bhd (MACP) for leave to commence a judicial review over the same guidelines. PPM, RPM and MACP had said that they disagreed with the guidelines as it could negatively impact copyright holders.
The Star
3 days ago
- Entertainment
- The Star
Malaysian musicians and artistes unhappy three main music collective bodies taking action against new govt guidelines
KUALA LUMPUR: Malaysian musicians and those working in the music industry were left perplexed on Sunday when it was announced that three royalty collection bodies, or Collective Management Organisations (CMO) as they are widely known, have decided to take the government to court in order to the oppose new guidelines set by the Ministry of Domestic Trade and Cost of Living and the Intellectual Property Organisation of Malaysia. Several rounds of meetings and discussions were held with the Intellectual Property Corporation or MyIPO, leading to the development of the guidelines and the subsequent announcement by the Minister of Domestic Trade and Cost of Living Datuk Armizan Mohd Ali on 17th March 2025. The three CMOs however, have taken to the courts in their attempt to obstruct the implementation of the new guidelines. In fact, the case will be coming up for mention on Tuesday (July 1) at the KL Courts in Jalan Duta. The three bodies that have taken the court action against the government namely the KPDN Minister and MyIpo are Music Authors' Copyright Protection or MACP of which the Chairman is legendary composer Datuk M. Nasir, Recording Performers Malaysia or RPM of which the Chairman is Datuk Sheila Majid and Public Performance Malaysia or PPM whose Chairman is Rosmin Hashim. In a recent joint statement to the media, MACP, PPM and RPM said the guidelines undermined their autonomy and were not aligned with existing laws. The three bodies also added that the new CMO Guidelines of 2025 could negatively impact copyright holders, having been published without their consultation. The guidelines, issued by the Intellectual Property Corporation of Malaysia (MyIPO) on Jan 17, were intended to improve the governance and operations of collective management organisations. In a special press conference set by the Malaysian Artistes' Association (Karyawan) in Kuala Lumpur on Sunday, many artistes, composers and musicians said they were shocked, perplexed and unhappy with the decisions of the three CMOs to undertake this legal action against the Minister and the government. Karyawan President Datuk Freddie Fernandez said "Based on ongoing complaints from music artists and users of music, as well as the result of various engagement sessions with rights holders, CMO's and music users which began in 2023, MyIPO then published the Guidelines 2025 in January this year. "The new guidelines are excellent. They address many of the issues faced by music creators in ensuring they are treated fairly when it comes to voting rights and also provides for greater transparency and accountability from the bodies," said Freddie. "So the move by the three CMOs to take this sort of court action against the government is perplexing to say the least, especially when the majority of the members of the three organizations are extremely satisfied with the guidelines and grateful to the government for listening to their grievances and addressing them in the guidelines," said Freddie. Almost all of the 50 musicians and artistes who were present at the gathering, comprising members of the three CMO's said they were also not informed of the decision of the three CMOs to take the government to court in this manner. Ad Samad, Malaysia's well-known composer/lyricist, said he was deeply shocked with the decision of the three bodies. "We (the members) from the three bodies were just not told about this decision to take the government to court. We have no idea whose decision it is but this is exactly why we need the guidelines. "To prevent the managements of the bodies from taking this sort of unilateral action against the will of the members. "These new guidelines ultimately help and support the artistes and music composers and ensure their rights are protected, besides giving them a voice in how the CMO's are run" said Ad, who with other musicians on Sunday signed a memorandum to support the new guidelines. "At the end of the day, we just want the new guidelines to be implemented as it is for the good of all music creators in the country." Another well-respected musician and composer in the country, Zaim Zaidee, said in the last two decades there had been many issues on the rights of the musicians and artists in the past and the new guidelines will address many of these issues. "The MyIPO sorted out many things for many artists and those in the music industry. This decision by the CMO's in taking the government to court does not make sense and on top of that it was done without the knowledge of the members of the CMO's. But we are here today, to ensure that everyone knows that many of us in the industry do fully support the new guidelines" said Zaim. Music director and video specialist Cheb Ali also said that the new guidelines are the right move for all those in the industry. "I'm a member of MACP as well as RPM. This move by the three CMO's has been confusing because first they said they were not involved in the set-up of the new guidelines and then they also said their input were not included properly in the guidelines. Many of the members are not really sure what they and the other two bodies are actually saying. "And now this court move. We are very concerned with the way the three bodies are taking this form of action without referring the matter first to the members to seek their views. At the recent AGM of MACP last week, all our efforts to seek clarification were ignored. Ultimately the new MyIPO guidelines are the best for the all those in the music industry. There is nothing else to it," said Cheb. Meanwhile, Freddie also added: 'We need the government and the courts to be aware that the majority of the 8,000 artistes and composers who are members of these organisations do not support this court action against these government guidelines. "We stand firmly behind the KPDN Minister and MyIpo in this matter. Once these guidelines are implemented this sort of unilateral action by the management of the CMO's will hopefully no longer be possible and we can look forward to greater accountability and transparency from all CMO's in the future."
Yahoo
18-06-2025
- Business
- Yahoo
Venu Holding Corporation's Preferred Stock Offering Now Available for Investment Using Retirement Accounts
Partnership with My IPO Enables Access through Traditional IRA, Roth IRA and SEP Accounts COLORADO SPRINGS, Colo., June 18, 2025--(BUSINESS WIRE)--Venu Holding Corporation ("VENU" or the "Company") (NYSE American: VENU), a developer, owner, and operator of upscale live music venues and premium hospitality destinations, today announced its recently launched, one-of-a-kind, Preferred Stock Offering can now be purchased through Traditional and Roth Individual Retirements Accounts (IRA) and Simplified Employee Pension plans (SEP). VENU's Preferred Offering gives shareholders an opportunity to earn an 8.0% dividend and to convert to VENU's common stock, traded on the NYSE American under ticker symbol VENU. As part of the fan-owned model, shareholders can also unlock access to exclusive loyalty perks based on the level of investment, ranging from free concert tickets and custom signed guitars to unforgettable all-inclusive concert experiences. Learn more at VENU has partnered with My IPO*, a division of TradingBlock, to allow U.S. investors a simple way to invest in the Offering using Retirement Accounts. On each closing of the Offering, the transfer agent will automatically transfer the shares into investors' My IPO retirement brokerage account. To invest with a retirement account, visit "We saw a significant wave of interest from fans who wanted to invest using their retirement accounts, so we got to work to make it possible," said J.W. Roth, Founder and CEO of VENU. "That's what this is all about, right? At VENU, we are fan-founded, and fan-owned. This initiative gives music lovers, investors and everyone in between the chance to own a piece of music history. As a lifelong music fan, ensuring that our ownership model remains inclusive is a priority." How To Invest: Those interested in purchasing shares in the offering should visit and hit the "Invest Now" button. For IRA investors, visit Once investors complete the My IPO account set up, the electronic subscription agreement and funding process will be provided as part of the investment flow. Due to regulatory requirements, this process requires a few more questions to be asked because investors are setting up an actual brokerage account. Investors are not required to be accredited and any individual over 18 years of age is able to purchase shares at $15.00 per share. *Certain shareholders of Digital Offering, LLC have ownership in Cambria Holdings Inc., which owns 100% of AOS, Inc. (does business under the names TradingBlock and My IPO), Cambria Asset Management, Inc and Digital Offering LLC. Digital Offering and AOS, Inc. are registered broker dealers. Member FINRA/SIPC. About Venu Holding Corporation Venu Holding Corporation ("VENU") (NYSE American: VENU), founded by Colorado Springs entrepreneur J.W. Roth, is a premier hospitality and live music venue developer dedicated to building luxury, experience-driven entertainment destinations. VENU's campuses in Colorado Springs, Colorado, and Gainesville, Georgia, each feature Bourbon Brothers Smokehouse and Tavern, The Hall at Bourbon Brothers, and unique to Colorado Springs, Notes Eatery and the 9,750-seat Ford Amphitheater. Expanding with new Sunset Amphitheaters in Oklahoma and Texas, VENU's upcoming large-scale venues will host between 12,500 and 20,000 guests, continuing VENU's vision of redefining the live entertainment experience. Click here for company overview. VENU has been recognized nationally by The Wall Street Journal, The New York Times, Denver Post, Billboard, VenuesNow, and Variety for its innovative and disruptive approach to live entertainment. Through strategic partnerships with industry leaders such as AEG Presents and NFL Hall of Famer and Founder of EIGHT Elite Light Lager, Troy Aikman, VENU continues to shape the future of the entertainment landscape. For more information, visit VENU's website, Instagram, LinkedIn, or X. Disclaimer: VENU is offering securities through the use of an Offering Statement that has been qualified by the Securities and Exchange Commission under Tier II of Regulation A. Before making any investment, you are urged to read the Final Offering Circular carefully for a more complete understanding of the issuer and the offering. There is no guarantee of return, and you should only invest money that you can afford to lose. Use proper risk management when considering this investment. The offering documents may include "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provisions for forward-looking statements. This information is supplied from sources we believe to be reliable but we cannot guarantee accuracy. Although we believe our expectations expressed in such forward-looking statements are reasonable, we cannot assure you that they will be realized. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to the risks and uncertainties set forth in the attached materials, which could cause actual results to differ materially from the anticipated results set forth in such forward-looking statements. Any forward-looking statement made by us speaks only as of the date on which it is made, and we undertake no obligation to publicly update any forward-looking statement except as may be required by law. The securities offered by VENU are highly speculative. Investing in these securities involves significant risks. The investment is suitable only for persons who can afford to lose their entire investment. Investors must understand that such investment could be illiquid for an indefinite period of time. VENU intends to apply to have our Series A Preferred Stock listed on the NYSE American under the symbol "VENUP" following the NYSE American's certification of the Form 8-A of the Company to be filed after the final closing of this offering. The listing of the Company's Series A Preferred Stock on the NYSE American is not a condition of the Company's proceeding with this offering, and no assurance can be given that our application to list on the NYSE American will be approved or that an active trading market for our Series A Preferred Stock will develop. Our Series A Preferred Stock is not currently listed or quoted on any exchange. For additional information on VENU, the offering and any other related topics, please review the Form 1-A offering circular that can be found by searching for VENU under Filings/Company filings search on Additional information concerning Risk Factors related to the offering, including those related to the business, government regulations, intellectual property and the offering in general, can be found in the risk factor section of the Form 1-A offering circular. View source version on Contacts Media Relations - Venu Holding Corporation ("VENU")Venu@ Investor Relations - Venu Holding Corporation ("VENU") Chloe Hoeft, choeft@
Yahoo
18-06-2025
- Business
- Yahoo
Venu Holding Corporation's Preferred Stock Offering Now Available for Investment Using Retirement Accounts
Partnership with My IPO Enables Access through Traditional IRA, Roth IRA and SEP Accounts COLORADO SPRINGS, Colo., June 18, 2025--(BUSINESS WIRE)--Venu Holding Corporation ("VENU" or the "Company") (NYSE American: VENU), a developer, owner, and operator of upscale live music venues and premium hospitality destinations, today announced its recently launched, one-of-a-kind, Preferred Stock Offering can now be purchased through Traditional and Roth Individual Retirements Accounts (IRA) and Simplified Employee Pension plans (SEP). VENU's Preferred Offering gives shareholders an opportunity to earn an 8.0% dividend and to convert to VENU's common stock, traded on the NYSE American under ticker symbol VENU. As part of the fan-owned model, shareholders can also unlock access to exclusive loyalty perks based on the level of investment, ranging from free concert tickets and custom signed guitars to unforgettable all-inclusive concert experiences. Learn more at VENU has partnered with My IPO*, a division of TradingBlock, to allow U.S. investors a simple way to invest in the Offering using Retirement Accounts. On each closing of the Offering, the transfer agent will automatically transfer the shares into investors' My IPO retirement brokerage account. To invest with a retirement account, visit "We saw a significant wave of interest from fans who wanted to invest using their retirement accounts, so we got to work to make it possible," said J.W. Roth, Founder and CEO of VENU. "That's what this is all about, right? At VENU, we are fan-founded, and fan-owned. This initiative gives music lovers, investors and everyone in between the chance to own a piece of music history. As a lifelong music fan, ensuring that our ownership model remains inclusive is a priority." How To Invest: Those interested in purchasing shares in the offering should visit and hit the "Invest Now" button. For IRA investors, visit Once investors complete the My IPO account set up, the electronic subscription agreement and funding process will be provided as part of the investment flow. Due to regulatory requirements, this process requires a few more questions to be asked because investors are setting up an actual brokerage account. Investors are not required to be accredited and any individual over 18 years of age is able to purchase shares at $15.00 per share. *Certain shareholders of Digital Offering, LLC have ownership in Cambria Holdings Inc., which owns 100% of AOS, Inc. (does business under the names TradingBlock and My IPO), Cambria Asset Management, Inc and Digital Offering LLC. Digital Offering and AOS, Inc. are registered broker dealers. Member FINRA/SIPC. About Venu Holding Corporation Venu Holding Corporation ("VENU") (NYSE American: VENU), founded by Colorado Springs entrepreneur J.W. Roth, is a premier hospitality and live music venue developer dedicated to building luxury, experience-driven entertainment destinations. VENU's campuses in Colorado Springs, Colorado, and Gainesville, Georgia, each feature Bourbon Brothers Smokehouse and Tavern, The Hall at Bourbon Brothers, and unique to Colorado Springs, Notes Eatery and the 9,750-seat Ford Amphitheater. Expanding with new Sunset Amphitheaters in Oklahoma and Texas, VENU's upcoming large-scale venues will host between 12,500 and 20,000 guests, continuing VENU's vision of redefining the live entertainment experience. Click here for company overview. VENU has been recognized nationally by The Wall Street Journal, The New York Times, Denver Post, Billboard, VenuesNow, and Variety for its innovative and disruptive approach to live entertainment. Through strategic partnerships with industry leaders such as AEG Presents and NFL Hall of Famer and Founder of EIGHT Elite Light Lager, Troy Aikman, VENU continues to shape the future of the entertainment landscape. For more information, visit VENU's website, Instagram, LinkedIn, or X. Disclaimer: VENU is offering securities through the use of an Offering Statement that has been qualified by the Securities and Exchange Commission under Tier II of Regulation A. Before making any investment, you are urged to read the Final Offering Circular carefully for a more complete understanding of the issuer and the offering. There is no guarantee of return, and you should only invest money that you can afford to lose. Use proper risk management when considering this investment. The offering documents may include "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provisions for forward-looking statements. This information is supplied from sources we believe to be reliable but we cannot guarantee accuracy. Although we believe our expectations expressed in such forward-looking statements are reasonable, we cannot assure you that they will be realized. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to the risks and uncertainties set forth in the attached materials, which could cause actual results to differ materially from the anticipated results set forth in such forward-looking statements. Any forward-looking statement made by us speaks only as of the date on which it is made, and we undertake no obligation to publicly update any forward-looking statement except as may be required by law. The securities offered by VENU are highly speculative. Investing in these securities involves significant risks. The investment is suitable only for persons who can afford to lose their entire investment. Investors must understand that such investment could be illiquid for an indefinite period of time. VENU intends to apply to have our Series A Preferred Stock listed on the NYSE American under the symbol "VENUP" following the NYSE American's certification of the Form 8-A of the Company to be filed after the final closing of this offering. The listing of the Company's Series A Preferred Stock on the NYSE American is not a condition of the Company's proceeding with this offering, and no assurance can be given that our application to list on the NYSE American will be approved or that an active trading market for our Series A Preferred Stock will develop. Our Series A Preferred Stock is not currently listed or quoted on any exchange. For additional information on VENU, the offering and any other related topics, please review the Form 1-A offering circular that can be found by searching for VENU under Filings/Company filings search on Additional information concerning Risk Factors related to the offering, including those related to the business, government regulations, intellectual property and the offering in general, can be found in the risk factor section of the Form 1-A offering circular. View source version on Contacts Media Relations - Venu Holding Corporation ("VENU")Venu@ Investor Relations - Venu Holding Corporation ("VENU") Chloe Hoeft, choeft@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
18-06-2025
- Business
- Business Wire
Venu Holding Corporation's Preferred Stock Offering Now Available for Investment Using Retirement Accounts
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Venu Holding Corporation ('VENU' or the 'Company') (NYSE American: VENU), a developer, owner, and operator of upscale live music venues and premium hospitality destinations, today announced its recently launched, one-of-a-kind, Preferred Stock Offering can now be purchased through Traditional and Roth Individual Retirements Accounts (IRA) and Simplified Employee Pension plans (SEP). VENU's Preferred Stock Offering can now be purchased through Traditional and Roth Individual Retirements Accounts (IRA) and Simplified Employee Pension plans (SEP). VENU's Preferred Offering gives shareholders an opportunity to earn an 8.0% dividend and to convert to VENU's common stock, traded on the NYSE American under ticker symbol VENU. As part of the fan-owned model, shareholders can also unlock access to exclusive loyalty perks based on the level of investment, ranging from free concert tickets and custom signed guitars to unforgettable all-inclusive concert experiences. Learn more at VENU has partnered with My IPO*, a division of TradingBlock, to allow U.S. investors a simple way to invest in the Offering using Retirement Accounts. On each closing of the Offering, the transfer agent will automatically transfer the shares into investors' My IPO retirement brokerage account. To invest with a retirement account, visit 'We saw a significant wave of interest from fans who wanted to invest using their retirement accounts, so we got to work to make it possible,' said J.W. Roth, Founder and CEO of VENU. 'That's what this is all about, right? At VENU, we are fan-founded, and fan-owned. This initiative gives music lovers, investors and everyone in between the chance to own a piece of music history. As a lifelong music fan, ensuring that our ownership model remains inclusive is a priority.' How To Invest: Those interested in purchasing shares in the offering should visit and hit the 'Invest Now' button. For IRA investors, visit Once investors complete the My IPO account set up, the electronic subscription agreement and funding process will be provided as part of the investment flow. Due to regulatory requirements, this process requires a few more questions to be asked because investors are setting up an actual brokerage account. Investors are not required to be accredited and any individual over 18 years of age is able to purchase shares at $15.00 per share. *Certain shareholders of Digital Offering, LLC have ownership in Cambria Holdings Inc., which owns 100% of AOS, Inc. (does business under the names TradingBlock and My IPO), Cambria Asset Management, Inc and Digital Offering LLC. Digital Offering and AOS, Inc. are registered broker dealers. Member FINRA/SIPC. About Venu Holding Corporation Venu Holding Corporation ('VENU') (NYSE American: VENU), founded by Colorado Springs entrepreneur J.W. Roth, is a premier hospitality and live music venue developer dedicated to building luxury, experience-driven entertainment destinations. VENU's campuses in Colorado Springs, Colorado, and Gainesville, Georgia, each feature Bourbon Brothers Smokehouse and Tavern, The Hall at Bourbon Brothers, and unique to Colorado Springs, Notes Eatery and the 9,750-seat Ford Amphitheater. Expanding with new Sunset Amphitheaters in Oklahoma and Texas, VENU's upcoming large-scale venues will host between 12,500 and 20,000 guests, continuing VENU's vision of redefining the live entertainment experience. Click here for company overview. VENU has been recognized nationally by The Wall Street Journal, The New York Times, Denver Post, Billboard, VenuesNow, and Variety for its innovative and disruptive approach to live entertainment. Through strategic partnerships with industry leaders such as AEG Presents and NFL Hall of Famer and Founder of EIGHT Elite Light Lager, Troy Aikman, VENU continues to shape the future of the entertainment landscape. For more information, visit VENU's website, Instagram, LinkedIn, or X. Disclaimer: VENU is offering securities through the use of an Offering Statement that has been qualified by the Securities and Exchange Commission under Tier II of Regulation A. Before making any investment, you are urged to read the Final Offering Circular carefully for a more complete understanding of the issuer and the offering. There is no guarantee of return, and you should only invest money that you can afford to lose. Use proper risk management when considering this investment. The offering documents may include 'forward-looking statements' within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provisions for forward-looking statements. This information is supplied from sources we believe to be reliable but we cannot guarantee accuracy. Although we believe our expectations expressed in such forward-looking statements are reasonable, we cannot assure you that they will be realized. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to the risks and uncertainties set forth in the attached materials, which could cause actual results to differ materially from the anticipated results set forth in such forward-looking statements. Any forward-looking statement made by us speaks only as of the date on which it is made, and we undertake no obligation to publicly update any forward-looking statement except as may be required by law. The securities offered by VENU are highly speculative. Investing in these securities involves significant risks. The investment is suitable only for persons who can afford to lose their entire investment. Investors must understand that such investment could be illiquid for an indefinite period of time. VENU intends to apply to have our Series A Preferred Stock listed on the NYSE American under the symbol 'VENUP' following the NYSE American's certification of the Form 8-A of the Company to be filed after the final closing of this offering. The listing of the Company's Series A Preferred Stock on the NYSE American is not a condition of the Company's proceeding with this offering, and no assurance can be given that our application to list on the NYSE American will be approved or that an active trading market for our Series A Preferred Stock will develop. Our Series A Preferred Stock is not currently listed or quoted on any exchange. For additional information on VENU, the offering and any other related topics, please review the Form 1-A offering circular that can be found by searching for VENU under Filings/Company filings search on Additional information concerning Risk Factors related to the offering, including those related to the business, government regulations, intellectual property and the offering in general, can be found in the risk factor section of the Form 1-A offering circular.
