As couple of interesting news items related to Burnaby's MetroLeap Media this week.
Billboard Magazine just released their “30 Under 30″ list of the top industry power players under the age of thirty and Metroleap Co-founder Milun Tesovic was included. Billboard's notes on Tesovic:
Milun Tesovic, 24, started the MetroLyrics.com music lyrics service when he was 16. The site gets more than 32 million unique monthly visitors and is the sixth-most-popular music site, according to ComScore. While originally lacking the necessary agreements with publishers to make it a legitimate service, MetroLyrics has since struck a licensing deal with Gracenote’s lyrics program. It also now acts as the default lyrics program for AOL Music. While coordinating all this activity, Tesovic is a full-time student at Canada’s Simon Fraser University, studying for his MBA, which he hopes to complete next year. He recently won a Canadian student entrepreneur of the year award from ACE, a Canadian charity that supports young business students.
On the legal side, Peermusic, Warner/Chappell and Bug Music filed copyright infringement lawsuits today against two businesses exploiting unlicensed lyrics for profit online. The lawsuits alleged that LiveUniverse and its owner Brad Greenspan, and Motive Force LLC and its owner Sean Colombo, engaged in willful copyright infringement on a vast scale, according to the National Music Publishers' Association (NMPA).
MetroLeap's MetroLyrics site is serving up licensed lyrics via an agreement with Gracenote.