All Entries in the "Financial/Legal" Category

Nashville’s 615 Acquires Kingsize Music

Nashville-based 615 Music, one of the world’s leading providers of production music to the entertainment, broadcast, advertising, and corporate industries, and the recent winner of a national Emmy Award for “Outstanding Original Song” for NBC’s Today Show, has acquired noted production music library Kingsize Music NYC. 

Based in New York, the Kingsize Music Library is [...]

Commerce Secretary In Nashville To Discuss Piracy

U.S. Commerce Secretary Gary Locke was in Nashville today (8/30) for a meeting between members of government and local music business leaders to discuss music piracy. NSAI Executive Director Bart Herbison moderated the discussion featuring leaders from all levels of government: Locke, Mayor Karl Dean, Governor Phil Bredesen, and Congressman Jim Cooper. Some of Nashville’s [...]

Musicians Union Welcomes Recording Engineers

[Note: This announcement has been updated and clarified] The Nashville Chapter of the Audio Engineering Society (AES) and the Nashville Musicians Association, AFM Local 257, have reached an understanding that could dramatically benefit recording engineers in the Nashville community. Recording Engineers can now join the Nashville AFM and sign the Union cards as a musician [...]

Secretary Of Commerce To Address Music Piracy

United States Secretary of Commerce Gary Locke will visit Nashville next week to hear from the music industry about the impact of rampant music piracy. Locke will conduct a Discussion Forum on Monday, Aug. 30, from 2:00 PM to 3:30 PM at a location near Music Row. The location will be announced later this week. “With an estimated [...]

BMI Appeals DMX Rate-Court Decision

BMI has filed an appeal of the DMX decision issued by Judge Louis Stanton, BMI’s rate-court judge to the United States Court of Appeals for the Second Circuit, the company announced today. BMI’s appeal on behalf of its songwriters, composers and music publishers will seek reversal of a court decision that, according to DMX’s outside [...]

Photos: WMBA Week; FBMM Helps Habitat

The Women’s Music Business Association kicked off WMBA Week by visiting the CMA to share Izzie’s Italian ice. The WMBA is also serving free Izzie’s Ice at Owen Bradley Park this Wednesday from 11am – 1pm, and invites the Music Row community to stop by. The group is celebrating its new non-profit status with events [...]

MyWerx Offers Innovative Copyright Ownership ID


Billboard magazine’s current issue (cover date August 21) includes a feature story titled 10 Best Startups of 2010, profiling companies that “share a vision that the best days of the music industry are not behind us, but still lie ahead.” One of the featured startups is Nashville-based MyWerx, a technology company that develops cloud computing [...]

UMG Videos Back on MTV.com

Universal Music Group is temporarily allowing MTV.com to stream music videos from its artists. The label group had recently forced MTV.com to remove the videos until a licensing agreement could be reached. According to AdAge.com, UMG came around, at least for the time being, so that fans can watch the videos and vote for MTV’s [...]

Nashville’s Frost Specialty Merges With Integro

The insurance brokerage and risk management firm Integro announced today (8/13) that it has completed a merger with Frost Specialty, LLC, a third-generation insurance agency specializing in serving the music industry and located on Music Row. Financial terms of the transaction were not disclosed. From its founding in 1980 as a trailblazer in the Country [...]

Facebook Enters Net Neutrality Fray

[Updated 8/12] The net neutrality debate which has been slowly heating to a boil between Verizon,Google and FCC Chairman Julius Genachowski now has Facebook entering the fray. Facebook, the giant social network with over 500 million users, obviously has a vested interest in the outcome of rules affecting its ability to move data over broadband [...]

Page Kelley Joins Milom Joyce Horsnell Crow

Milom Joyce Horsnell Crow PLC has welcomed attorney D. Page Kelley III to the firm. Kelley, a veteran music business attorney most recently with Baker & Kelley, brings his individual and corporate music clients to MJHC’s established entertainment, intellectual property, media and technology practice. He has joined Mike Milom, Robin Mitchell Joyce, Chris Horsnell, David [...]

UMG Pulls Videos Off MTV Over Licensing Flap

Billboard.com is reporting today (8/6) that licensing talks have broken down between MTV and Universal Music Group (UMG), resulting in the removal of videos of “most” of UMG’s artists from MTV’s online outlets, including CMT.com. UMG had been licensing music directly to MTV for years, but is now directing all licensing negotiations to the Vevo [...]

Baker To Lead Ent. Law For Bone McAllester Norton

Longtime Music Row attorney Robert L. Baker has joined Bone McAllester Norton PLLC and will lead the firm’s new Entertainment Law Group, Chairman Charles W. Bone announced today (8/3). As a previous founding member of Baker & Kelley, Robert Baker has experience in entertainment and intellectual property, where he represented artists, songwriters, producers (music, film [...]

Hotel Tax Revenue To Help Repair Opry House

From the City Paper: An ordinance drafted by Mayor Karl Dean and his administration would redirect a portion of revenue collected from the city’s hotel taxes to repair the $20 million worth of flood-related damages to the Grand Ole Opry House. “The operation of this Opry House has a very real and tangible impact on [...]

RIAA Criticized Over Executive Salaries

The RIAA is under fire for paying top boss Mitch Bainwol over $2 million in 2008. A report published yesterday (7/12) in Digital Music News broke the story, questioning whether such an extravagant salary was justifiable for someone leading the trade group of a suffering industry. Now the RIAA has responded, saying that it is [...]

Can Country’s 2nd Six Months Rescue Sales Slide?