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Sting becomes latest artist to sell the rights to his music by offloading his back catalogue to Universal | Ents & Arts News
Sting is the latest in a line of musicians to promote-off his songs legal rights, announcing that his back catalogue has been obtained for an undisclosed fee. Common Tunes Publishing Group (UMPG) now owns not only Sting’s song-composing catalogue, but also tracks he wrote for The Police, which reportedly went for all over $350 million (£258 million), according to Wide variety. It follows the likes of Bruce Springsteen, Stevie Nicks and Bob Dylan, who also offered off the rights to their new music for thousands and thousands of dollars. Why are so a lot of enormous stars quickly marketing their audio rights? Picture: Sting is a person of the most…
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‘Lord of the Rings,’ ‘The Hobbit’ Movie, Gaming Rights Up for Sale
Hollywood is about to stampede into Center Earth. An array of movie, merchandising, gaming and reside event rights to “Lord of the Rings,” “The Hobbit” and other titles from creator J.R.R. Tolkien are coming up for auction now that the Saul Zaentz Co. has resolved to offer its Tolkien holdings. Zaentz Co. has hired ACF Investment Lender to deal with the sale course of action, which is unfolding this week as bankers make the rounds of the logical Hollywood potential buyers. The Tolkien houses are projected to fetch at the very least $2 billion, primarily based on the latest high valuations for prime-tier IP and content producers. Reps for Zaentz…
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Spotify Removes Several Comedy Albums Amid Rumored Rights Dispute
Photo Credit: Haithem Ferdi Spotify is removing comedy content – including projects from standup stars John Mulaney, Jim Gaffigan, and Kevin Hart – amid a reported battle over rights. Outlets including The Laugh Button just recently shed light upon the royalties- and rights-related dispute, which looks to have affected the work of at least two dozen standup comedians thus far. In addition to the above-mentioned comedians, recordings from Jeff Dunham, Jeff Foxworthy, Tom Segura, Liz Miele, and Lisa Lampanelli are likewise missing from Spotify, according to the same source. Building upon the latter, a quick search for the individuals’ profiles on the audio-entertainment platform shows that users cannot play a…
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