Pete Tong, William Morris Create Electronic Music Talent Agency
Pete Tong has teamed with the William Morris to develop the agency’s roster of electronic music talent. Dubbed William Morris Electronic, the new division will be headed by New York-based booking agent Joel Zimmerman. Tong will be in charge of signing, developing and representing electronic acts, as well as creating and programming electronic music programs. As part of the expansion, Zimmerman will oversee William Morris...
Copyright Royalty Board Preserves Current Rate At 9.1 Cents Per Song
The Copyright Royalty Board ruled that the royalty which songwriters receive on sales of CDs and digital downloads will remain at 9.1 cents per song for the next five years. The Recording Industry Association of America, the record label trade group, was pleased that the rate was frozen for the first time since 1977, meaning that if song prices increase, royalties will make up a falling percentage of the companies’ costs....
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