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Jack White is selling a stake in his catalog to Sony Music, a source familiar with the matter confirms to The Hollywood Reporter. White is selling only a portion of the catalog, the source says, though it’s not clear how much he has sold. Also unknown is how much Sony is paying for its stake….
The business of music long has been an incestuous one, even when the players aren’t related. But some of the leaders of today’s recorded music industry — 84 percent of which is housed under the three major label groups, Universal, Warner and Sony — actually are. When Lucian Grainge, chairman and CEO of UMG, took…
Triller has settled a lawsuit from Sony Music accusing it of showing “brazen contempt for the intellectual property rights” of its artists by ceasing to pay license fees for the use of the company’s songs on the social video app. The deal was reached on July 21 after a federal judge overseeing the case sided…
“#Sony Music Launches English Edition Of Mamoru Hosoda’s BELLE Soundtrack” Sony Music has announced the release of the English Edition Soundtrack of Mamoru Hosoda‘s smash hit film BELLE. The film, which offiicially opens today in theaters across the United States, has already racked up multiple box office records in Japan since its initial release…
“#K-pop mega group BTS drops Sony for Universal” South Korea’s BTS has signed a new distribution and marketing deal with Universal Music Group , the world’s biggest music label, dropping Sony Music’s Columbia Records, the music band’s manager said on Friday. Hybe Co Ltd-owned Bighit Music, which manages BTS, did not disclose the financial terms of the deal…