What exactly was lost, and why isn’t UMG disclosing it? The crisis over UMG’s catastrophic loss of recording masters in 2008 is now entering a new phase. Just this morning, LA-based law firm King, Holmes, Paterno & Soriano, LLP issued a written demand against the major label to disclose exactly what perished in the fire. […]
The post UMG Receives First Legal Warning to Disclose Its 2008 Fire Losses; Chairman Lucian Grainge Breaks His Silence appeared first on Digital Music News.