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Judge Refuses to Dismiss Reach Records’ Case Against UMG’s Capitol CMG over Abandoned Deal

The ruling says Reach plausibly alleged an enforceable deal and misrepresentation after Capitol CMG pulled out over price, sending the case into discovery.

Summary by Music Business Worldwide
Reach alleges that Capitol CMG agreed to buy the label during 2025, then pulled out months later by telling Reach the agreed price was too high. Source

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Music Business WorldwideMusic Business Worldwide
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Judge refuses to dismiss Reach Records’ case against UMG’s Capitol CMG over abandoned deal

Reach alleges that Capitol CMG agreed to buy the label during 2025, then pulled out months later by telling Reach the agreed price was too high. Source

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Capitol CMG Must Face Lawsuit Over Canceled Deal to Buy Christian Hip-Hop Label, Judge Says

Capitol CMG can't kill a lawsuit over a failed deal to acquire Christian hip-hop indie label Reach Records, a judge says.

·New York, United States
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  • 50% of the sources lean Left, 50% of the sources are Center
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Billboard broke the news in New York, United States on Wednesday, July 22, 2026.
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