Ray Charles' children are in a legal battle with the charitable foundation bearing their father's name. The case revolves around claims to royalties to some of Charles' biggest hits - and whether they were 'works for hire', which impacts on any termination rights.
- Music publishers have been awarded $6.6 million in a copyright suit against lyrics website LiveUniverse and its founder Brad Greenspan.
- The Radio Music Licensing Committee (RMLC) has begun antitrust proceedings against US Performing Rights Organization SESAC. RMLC feels SESAC is imposing 'increasingly exorbitant rates' on the radio industry.
- Warner Music is forecasting revenues in Q4 to be slightly down to $130MM -$134MM from Q3 revenues of $141MM.
- Revenue from abroad has doubled since 2002 for PRS for Music writers - the Performing Rights Organization of the United Kingdom.
- ole has signed hit songwriter Brett Jones and acquired his catalogs, which includes 3 #1 Billboard Hot Country songs.
- Music publisher Kobalt is preparing to invest $100MM in order to 'respond to existing and new clients' needs for bigger advances, or part or whole acquisitions'.
- The Harry Fox Agency has announced the promotion of Michael S. Simon to CEO. Simon was the SVP of Business Affairs, and replaces Gary L. Churgin.
- Universal has appointed Kent Klavens as SVP for Business and Legal Affairs. His key roles include contract negotiations and copyright protection in the US.
- BMI has two new appointments to its board: Steve Newberry and the re-appointment of Amador Bustos.
Courtesy of Songtrust - One-stop royalty collection for songwriters, bands and producers.