Martin Bandier, chairman and CEO of Sony/ATV, doesn’t pull his punches. News broke yesterday that Bandier had sent a letter to the Oscars critical of the organization’s failure to replace disqualified Best Original Song nominee “Alone Yet Not Alone” with a runner up. Today he was critical of the Oscars' decision to not consider songs written by more than three songwriters (except for U2).
Apple Inc.’s music chief Robert Kondrk has been pressuring major labels for releases similar to last year's Beyonce exclusive, excluding services like YouTube and Spotify to help shore up slowing download sales, according to music executives familiar with the conversations.
BMG Rights Management has acquired the Hal David song catalog in what is believed to be the biggest single songwriter catalog transaction in the last two years. The terms of the deal were not disclosed but sources estimate BMG paid around $40 million for classics like "What's New Pussycat" and "Raindrops Keep Fallin' On My Head."
The legislation is aimed at rejiggering elements of Section 114 that would have an impact on Section 115 of the Copyright Act, which was written back in 1909 to regulate piano rolls and impose a complex compulsory license system.