Category: Financial/Legal
ASCAP Releases 2010 Financial Results
ASCAP released its financial results for 2010 today (3/31), showing a dip in total revenues and member distributions since last year’s record highs. The information was presented at the organization’s General Annual Membership Meeting in New York City. Financial distributions to members in 2010 totaled $845 million, down 2.1% versus the 2009 high of over […]
Category: Featured, Financial/Legal, Organizations
Woods Retires, Magill To Head Sony Business Dept.
Angie Magill has been promoted following the retirement of Kathy Woods.
Category: Featured, Financial/Legal, Label
P2P Downloading on Decline
According to The NPD Group, a leading market research company, the percentage of internet users downloading music from P2P file-sharing services has fallen from a high of 16 percent in Q4 of 2007, to 9 percent in Q4 2010. While illegal downloading of this kind is on the decline, it is far from eradicated. NPD […]
Category: Featured, Financial/Legal
White House Pushing For Radio Performance Royalty
The Obama Administration is pushing for legislation to ensure artists are paid when their sound recordings are played over the radio. The recommendation came earlier this week as part of a white paper released by White House U.S. Intellectual Property Enforcement Coordinator Victoria Espinel. The 20-page memo was sent to Congress. This ongoing debate about […]
Category: Featured, Financial/Legal, Radio
Howard, Morrow Named Women of Influence
Attorneys Linda Edell Howard and Lynn Morrow, partners at Adams and Reese’s Music Row office, were named “Women of Influence” recently by the Nashville Business Journal. Listed in the publication as a “dynamic duo” they were highlighted in a recent issue, and honored with other winners at an awards luncheon. Howard and Morrow have worked together for […]
Category: Featured, Financial/Legal
Halper Exits Skyville As Private Practice Ramps Up
Wayne Halper has departed his part-time position as head of business and legal affairs for Skyville Records, and plans to focus his attention on his law practice and management clients. “My commitments to my clients and management roster have resulted in my being able to devote less time to Skyville than I would have liked,” […]
Category: Featured, Financial/Legal, Label
Buzz Buzz, Pssst
Hough Gets Movie Role • New Bank Aims At MusicRow • Montgomery Gentry Become Average Joes
Category: Artist, Featured, Financial/Legal
Gibson Guitar Sues Insurance Companies
Gibson Guitar is suing two insurance companies who have yet to pay out for damages sustained in the May flood, according to NashvillePost.com. Gibson’s manufacturing facility on Massman Drive suffered over $16 million in damages during the catastrophe. The guitar maker is suing CNA’s Continental Insurance Co. and Mitsui Sumitomo Insurance. The point of contention, […]
Category: Featured, Financial/Legal
Swift Leads Country Money Makers
Taylor Swift netted more money than any other country entertainer last year, according to Billboard’s Money Makers 2011 issue (Feb. 19). The recently released list is based on net earnings derived from U.S. touring, music sales, and music and video streams. 21-year-old Swift saw her bank account swell by about $20.7 million, and ranked No. […]
Category: Artist, Featured, Financial/Legal, Touring
SoundExchange Names Huppe President
SoundExchange’s Board of Directors announced today that longtime Executive Vice President and General Counsel Michael Huppe will be the nonprofit’s new President. Huppe succeeds former head John Simson, who announced his intention in July to return to creative work, ending his ten-year stewardship of the non-profit he had led since its inception. In recent years, […]
Category: Featured, Financial/Legal, Organizations, Publishing
Today’s Famous Facts
Republic Nashville loses Bartholomew • Voorhis opens bookkeeping firm • CMHoF hosts Norro Wilson and free admission • MCTI Songwriter Show
Category: Featured, Financial/Legal, Organizations