Allman Brothers Band’s Lawyer Says Case Differs From Eminem’s
Hypebot asked the co-counsel in the Allman Brothers case against Sony for payment of digital royalties, Brian D. Caplan of Caplan & Ross, LLP, how their case differs from the. Continue reading
Allman Bros. Sony Lawsuit Reinstated
The class action lawsuit filed by the Allman Brothers Band alleging that Sony Music is not paying 50% of the net licensing and leasing income received from digital download stores,. Continue reading
Bad Boy Bronfman: Too-Big Bonus And A Baby
Why Edgar? Why? Last week the already rich Edgar Bronfman Jr. was named to the Wall Street Journal's shortlist of CEO's that received excessive bonuses despite their companies loosing. Continue reading
WSJ Names WMG’s Edgar Bronfman To Excessive CEO Bonus List
Warner Music Group CEO Edgar Bronfman Jr. received a $3 million bonus check in 2008 even though his company lost $56 million and the stock dropped more than 25%. According. Continue reading
Guy Hands Exits Daily Control Of Terra Firma
Guy Hands is handing the day to day control of Terra Firma over to Tim Pryce as CEO. Hands, who is currently both chairman and chief executive officer will become. Continue reading
Universal Wins Eminem Royalty Lawsuit
An LA jury rejected claims by former Eminem producers FBT Productions that Universal owed $1.47 million in underpaid digital royalties. At stake was whether or not royalties from sales at. Continue reading
Will YouTube And Universal’s New Vevo Music Hub “Do No Harm” To Indies?
Both the Wall Street Journal and cNet are reporting that Universal Music Group and YouTube are in serious discussions to create a hub for music videos. The other three major. Continue reading
Terra Firma Writes Off $1.7 Billion In EMI Investment
IS THAT LOW ENOUGH? EMI owner Terra Firma has written off half of its €2.6B ($3.3B US) investment in the music group. The "impairment" shows that the private equity firm. Continue reading
UMG Results Don’t Suck As Bad As Rivals Did
Universal Music Group 2008 revenues declined 4.5% despite increases in music publishing, artist services and merchandising following the 2007 acquisitions of BMG Music Publishing and Sanctuary. Recorded music sales dropped . Continue reading
EMI Names Gary Beech SVP Urban Marketing
Gary Beech has joined EMI Music North America as SVP, Urban Marketing. Beech, who begins immediately, is based in New York. Prior to EMI, Beech held similar positions at Sony,. Continue reading