The theme of "Valuation Growth Amid Legal Risk" in the music industry refers to the significant increase in the value of music copyrights and catalogs, driven by substantial investment and a growing market¹. This growth, however, is often juxtaposed with the inherent legal risks that can severely impact or diminish these valuations, particularly concerning artists or catalogs embroiled in legal disputes³. Since 2019, over $20.4 billion has been invested in music rights acquisitions, highlighting the industry's financial expansion². The global valuation of music copyright reached $45.5 billion in 2023, surpassing the global movie market¹.