Category: Financial/Legal
Election Results Spur Changes in Entertainment Law
On Tuesday, November 9th, NARM (National Association of Recording Merchandisers) and the CMA will hold an Entertainment Law Conference to explore how the recent Congressional changes will impact the way in which Congress addresses entertainment industry issues. An “Election Results” panel, comprised of a bipartisan group of Washington, D.C. veterans representing many music industry stakeholders, […]
Category: Featured, Financial/Legal, Organizations
Jury Says Hands Off in EMI Fraud Case
Terra Firma Chairman Guy Hands has lost his multibillion dollar legal suit against lender Citigroup yesterday. The trial explored Hands’ 2007 purchase of EMI and Hands’ alleged claim that Citigroup’s Chairman of U.K. banking David Wormsley “duped” him into overpaying for EMI. The jury unanimously voted that Citigroup was not liable in the buyout. The […]
Category: Featured, Financial/Legal, Label, Publishing, Radio
American Media, Owner of “Country Weekly,” Announces Restructuring
American Media Inc. today (11/1) announced it will engage in a financial restructuring through a prepackaged Chapter 11 plan of reorganization. The process is expected to begin in about two weeks and last about 60 days. American Media, Inc. is the publisher of Country Weekly, Star, Shape, Men’s Fitness, The National Enquirer and more. The […]
Category: Featured, Financial/Legal
Leon Russell/Elton John Collaboration; Artists Crossing Borders
Leon Russell Signs Deal with UMPG for Elton John Collaboration Legendary songwriter and artist Leon Russell has signed a worldwide co-publishing deal with Universal Music Publishing Group (UMPG) for The Union, his collaboration with Elton John and lyricist Bernie Taupin. The Union was released on October 19th. Russell, John and Taupin co-wrote the album, which […]
Category: Artist, Featured, Financial/Legal, Touring
Early Swift Raves; JetBlue, Target and Royal Caribbean Exclusives
Taylor Swift‘s upcoming Speak Now is earning early raves from critics before the October 25th release date. Swift’s highly-anticipated third album will be released by Big Machine Records in over 40 countries. The Hollywood Reporter calls the album “brilliant” and The New York Times states that Speak Now is “The most musically diverse [album] of […]
Category: Artist, Featured, Financial/Legal, Label
Swift Wins Trademark Case
The Tennessean and Nashville Post are reporting that Taylor Swift has won a court case filed against 16 individuals accused of violating Swift’s trademark by selling counterfeit merchandise. A federal judge in Nashville has granted a default judgment barring those individuals from making or selling Taylor Swift merchandise. The civil lawsuit claimed that Swift’s merchandise […]
Category: Artist, Featured, Financial/Legal
Country Crossing’s Ronnie Gilley Indicted
Country Crossing owner Ronnie Gilley is among a group of 11 individuals being indicted today as part of a federal investigation into political corruption in the state of Alabama. The indictment alleges that Gilley, along with casino and racetrack owner Milton McGregor, hired lobbyists to bribe state legislators into supporting proposed pro-gambling legislation. Four state […]
Category: Featured, Financial/Legal
Next Big Nashville/Digital Summit Announce Lineup
Next BIG Nashville (NBN) and Leadership Music DIGITAL SUMMIT (LMDS) have announced the final schedules for their upcoming September 29- October 2 festival and conference in Nashville. Events include; 150+ bands performing during the four-day, multi-genre music festival in Nashville’s coolest venues, the digital summit, featuring guest speakers and panelists from every corner of digital […]
Category: Featured, Financial/Legal, Organizations
CMA/NARM Plan Entertainment Law Conference
The CMA is working with NARM to host an Entertainment Law Conference in Nashville on Tuesday, Nov. 9 (1:00-5:30 PM/CT) at the Hutton Hotel. The half-day continuing legal education course is part of a series put on by NARM and will be part of scheduled events leading up to “The 44th Annual CMA Awards,” which […]
Category: Featured, Financial/Legal, Organizations
BMI Reveals Fiscal Year-End Results
BMI released its latest financial results today, showing that the performing rights organization generated more than $917 million in revenues for its 2010 fiscal year ended June 30, including its subsidiary Landmark Digital Services®, LLC. The company had distributable royalties of more than $789 million for the more than 475,000 songwriters, composers and copyright owners […]
Category: Featured, Financial/Legal, Organizations
“Banker to the Stars” Dies
Clarence Reynolds Jr., known as “the banker to the stars,” died Tuesday, September 7, at age 82. Reynolds was a graduate of the Louisiana State University School of Banking of the South, where he was class president. Reynolds began working at Commerce Union Bank in 1946 and remained there for the next 41 years. The […]
Category: Featured, Financial/Legal
