About 40 employees were let go Thursday, including executive vp, global repertoire Fred Casimir and senior vp, global repertoire Jason Hradil.
This week in publishing news: One Two Many signs Dot Da Genius, Avex USA and Coup D'Etat sign Victony, and Peermusic acquires Arctic Rights Management.
Digital has become the biggest source of income around the world, driving rights management organizations to new highs.
The company sharply cut its expected retroactive royalty payments. Competitors are confident they won’t follow suit.
The deal includes such hits as "Buy Dirt," "What My World Spins Around" and "Next Thing You Know."
The pact covers the Rock & Roll Hall of Fame inductee's back catalog and future output, including songs he wrote for Eagles, James Gang and his solo albums.
The London-listed trust founded by Merck Mercuriadis withdraws its October payment to investors because of lower estimates on income from the Copyright Royalty Board's Phonorecords III decision
This week in publishing news: Primary Wave signs an agreement with Isaac Hayes, All Clear and Fuji Music Group acquire Will Jennings catalog.
The performance rights organization said its new-model goal is to distribute 85% of the licensing revenue it collects to songwriters and publishers.
“Sabrina is a next-generation artist,” Universal Music Publishing Group leader Jody Gerson says in a statement.
