Universal Music Publishing Group Announces Deal With Eminem
Universal Music Publishing Group has inked a deal for a joint venture with Eminem’s publishing company, Shady Music Publishing. The joint is part of an agreement that also gives UMPG the exclusive, worldwide administration rights to new songs to be written by Eminem as well as tracks on his multi-platinum greatest hits collection, “Curtain Call,” the latest Shady Records offering “Eminem Presents: The...
Web Radio Stations Get Major Rate Hike
The US Copyright Royalty Board announced a substantial hike in Internet radio royalty rates. The move rejected arguments and desperate pleas made by webcasters, and will most likely shutter many online stations across the globe. The Board also adopted a controversal “per play” rate model, which was requested by digital royalty collection agency SoundExchange. New Rates: • 2006: $.0008 per play (retroactive) • 2007:...
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