Write your Congressman? Here's another way to get your recording performance royalty from big radio: negotiate it yourself. On the heels of a direct licensing pact with Big Machine Records, Clear Channel Communications has now inked a similar arrangement with indie dance/pop label Robbins Entertainment, one that includes an all-encompassing royalty payouts (with digital the cherry on top). The news was tipped to Digital Music News last night.
"I bought the bull---," Jimmy Iovine waxed to Walt Mossberg at D:Dive Into Media earlier this week, discussing a fateful pitch from none other than Lady Gaga. The amazing part is that Gaga had just been dropped and effectively rejected by the big label establishment (of which Iovine is a card-carrying member). Anyway, back to the present, the world will have to wait to see Gaga on her next tour: the larger-than-life, stratospheric-selling performer has cancelled the Born This Way Ball based on a... hip injury.
This, however, will not be canceled. It's the ever-surging SF Musictech Summit, kicking off this Tuesday the 19th in Japantown, San Francisco. Lineups, luminaries, parties... see you there. More details at sfmusictech.com.
And these guys deserve multi-million dollar compensation packages because...? Warner Music Group has delivered another soggy financial scorecard, with revenues dropping 0.8 percent in the latest quarter and losses tripling to $79 million. On the heels of a purchase of Parlophone, long-term debt now stands at $2.225 billion. Let the looting commence!
Good luck with that one. Epic Records (Sony Music Entertainment) is now scrambling to clean the internet of a just-released, Future remix of 'Karate Chop' featuring Lil' Wayne. The track features outrageously disrespectful and sexually-tinged lyrics about Emmett Till (specifically, 'Beat that p--sy up like Emmett Till'). That has drawn outrage from both Till descendants and the Reverend Jesse Jackson, among others...