Jon Platt, the Chairman and CEO of Warner/Chappell Music, will give a keynote interview at Midem later this week. Platt will discuss the art of songwriting and publishing with musician Justin Tranter, who’s known for his chart-topping work with Selena Gomez, Justin Bieber and Gwen Stefani. Previously, Platt spent 17…
Category archives: Major Labels
HANDS ON: Indie Label Light In The Attic Records Keeps Organized Using Evernote
Here Patrick McCarthy, Reissue Producer and Project Manager for Light in the Attic Records, an independent company which works to bring deluxe vinyl music to the listening public, discusses how his use of Evernote has allowed him to make the company a success. _____________________________ Guest Post by Pamela Rosen on…
UPDATE: Fame House Acquired By UMG For $1 Million, Will Continue To Also Serve Non-Universal Clients
UPDATED: Fame House has always been on the list of non-core assets that a bankrupt SFX thought it could sell. In the end, only one real bidder stepped up to offer. [UPDATE AFTER THE JUMP] ____________________________________________ A federal bankruptcy judge has approved the sale of SFX owned music marketing firm…
Sony Attempts To Charge ‘Administrative Fee’ For Fair Use
Recently, the Hudson Valley Bluegrass Association had its lecture videos taken down owing to their inclusion of brief clips of bluegrass music. Although the use of the music was clearly fair use, Sony initially demanded a fee for the use of the recordings, raising some alarming questions regarding copyfraud and…
Shamrock Capital Advisors Close $250 Million Fund To Invest In Music Publishing, Record Masters, Other Intellectual Property
Content is still king. Or at least it is to Shamrock Capital Advisors and the investors who joined their new $250 million fund to invest in music publishing rights, recorded music masters and other intellectual property. _______________________________________________ Shamrock Capital Advisors today announced the final closing of Entertainment IP Fund (EIP),…
UMG Knows The Long Tail Matters, Names Graham Parker Head Of Classical Music
UMG is smartly grabbing the long tail of classical and jazz. These divisions are like step children at major labels. But while the big boys thrive on hits, they survive on catalog, particularly as ongoing payments from streaming becomes recorded music’s biggest revenue source. ___________________________________________ Universal Music Group has named…
Most Music Tech Startups Don’t Know Shit About How Labels Work – A Response To David Pakman
In response to David Pakman’s piece on the difficulty of building a successful music industry startup, Jim McDermott looks at why it is that so many of these startups have failed, and don’t seem to grasp how labels work in the music business. _____________________ Guest post by music and entertainment…
Adele Signs $130 Million Sony Deal
$130 million dollars. That’s the total of the record deal that Sony has reportedly signed with Adele. You can’t blame her for taking the cash, but is it a smart move for Sony at a time when artists like Chance The Rapper are proving that they don’t need a record…
Kesha Capitulates, Sony ‘Allows’ Her To Perform On TV
From our Beware Of The Contracts You Sign Dept.- Who knew that a label could stop an artist from performing on TV? Until Kesha and her team gave Sony assurances that she would not use a Billboard Music Awards slot as a platform to discuss litigation, she was off the…
Universal Music Group Relaunches Verve Label Group, Danny Bennett Named Head
Universal Music Group announced that they are relaunching the Verve Label Group and appointed veteran manager and film & television producer (and Tony’s son) Danny Bennett as the group’s President and CEO. _________________________________________ The newly relaunched Verve Label Group will be comprised of Verve and UMG’s U.S. classical music labels…