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. Continue reading
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. Continue reading
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. Continue reading
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. Continue reading
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. Continue reading
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. Continue reading
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. Continue reading
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. Continue reading
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. Continue reading
Universal Music Makes Nearly $4 Million A Day In Streaming Revenue
Streaming services are frequently criticized for their failure to properly compensate artists, but when it comes to the major labels, its a very different story. The more things change, the more they. Continue reading
