The Pointer Sisters’ Catalog Rights Makes Jump to an ‘Excited’ BMG
BMG acquired the artist royalties for albums released on Planet and RCA and the group’s recaptured U.S. publishing rights to “I’m So Excited.”
BMG acquired the artist royalties for albums released on Planet and RCA and the group’s recaptured U.S. publishing rights to “I’m So Excited.”
Also this week: UMe taps a vp of media and artist relations, Epic Records UK relaunches and more.
“Great artists and great music have no expiry date and we believe it is time for the music industry to reflect that,” said CEO Hartwig Masuch.
The German-owned publisher and label reported its 2022 revenues rose nearly 31% to 866 million euros ($912.6 million).
To celebrate the deal, the Beatle’s classic albums will be available in Dolby Atmos sound exclusively on Apple Music.
Catalog tunes like Montell Jordan’s “This Is How We Do It,” DMX’s “What’s My Name” and Supergrass’ “Alright” are setting an upbeat tone this year.
The German label signed Freeze Corleone knowing UMG had dropped him, then killed contract the day before releasing first single.
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