Tag: Moves

Music Industry Moves: Epic Ups Rich Foster, Virgin Launches in Brazil

Nancy Dubuc, CEO of VICE Media Group and former head of A+E Networks (pictured), has joined Warner Music Group‘s board of directors. She has been named chairperson of the Audit Committee and a member of the Executive Committee. Thomas H. Lee steps down from the board, which he joined in 2004 as a group of investors bought the company from Time Warner. Lee will retain the title of Director Emeritus.

Said Len Blavatnik, founder and chairman of WMG parent company Access Industries: “Nancy is an exceptional addition to the Board. Her experience in visual and digital media, combined

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Music Industry Moves: New Edition Signs With CAA

Singer-songwriter Chris Isaak has partnered with Primary Wave in a deal that sees the publishing company acquiring a 50% stake in his master recordings and signing with the legendary Sun Records for future recordings (which was recently acquired by Primary Wave). He also has entered into a joint venture with the company that will allow him to sign new artists.

The acquisition, which is described as being “multi-million dollars,” includes Isaak’s biggest hits, including “Blue Hotel,” “San Francisco Days,” “Baby Did a Bad, Bad Thing,” “Somebody’s Crying,” as well as his most well-known recording “Wicked Game.” The Sun deal is

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Sony Music Moves To Pay Royalties To Artists That Still Owe It Money

It’s difficult to find examples of major record labels making a move in favor of the artists they serve unless under pressure, but it looks like we have one now. Sony Music announced in a letter to its artists that it will start paying its legacy acts royalties, even if they still owe the label money. Its new

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