Tyga's Suno Album Hits Chart Rules, Veeps Guts 4 Magazines - Friday, August 7

Email us hereAI chart eligibility and music publication layoffs dominate Friday's brief. Tyga confirming his new album was built with Suno throws the IFPI/RIAA/Recording Academy "substantially human made" standard into immediate real-world tension, while Live Nation's Veeps gutted four beloved music outlets in a single day. Meanwhile, Meta faces nearly $1B in New Mexico fines with a federal multi-state trial starting next week. Deals & M&A • Triangle Group raises $15M seed round, names ex-Live Nation Asia Pacific president Roger Field as executive director. • Triangle's raise covers 18 cities across 9 countries, targeting APAC live touring and festival infrastructure. Lawsuits & AI • UMG moves to dismiss AFM's lawsuit, arguing its labor agreement sets no rate for AI training use. • Tyga confirms his album $tarface was made with Suno, triggering chart-eligibility questions under new AI guidelines. • New Mexico judge orders Meta to pay additional $567M into child-harm fund, bringing state total to $942M. • Artist Medasin's viral TikTok claims Fenix Flexin's Hot 100 single "Rubberz" is entirely AI-generated. Streaming & Tech • Live Nation's Veeps executes near-total layoffs at BrooklynVegan, Alternative Press, Revolver, and Goldmine. • Kickstarter launches $1M Culture Fund for independent creators in music, art, film, and fashion globally. Artists & Releases • Karol G drops sixth album No Me Arrepiento de Sentir Tanto on her own Bichota Records via Interscope, featuring Drake and Bruno Mars. • Lionsgate confirms Michael 2 begins production soon, targeting a 2028 release. International • Triangle Group's $15M raise called the largest institutional bet on APAC's experience economy by a regional operator. Also Today • Salt-N-Pepa appeal their dismissed UMG masters lawsuit with "Blurred Lines" trial lawyer as new counsel. • Suno quietly dropped ACRCloud from its partner list while claiming the relationship is unchanged. Five minutes, six categories, zero fluff.