All Entries in the "Financial/Legal" Category
Adams Named Robertson Taylor VP
London-based insurance broker Robertson Taylor International has promoted Reba Adams to Vice President of the company’s Nashville operation. Adams has been an entertainment, film and live event insurance specialist for over thirty years.
Founded in 1977, Robertson Taylor International provides insurance and risk management services specifically for the music and live event industries. In addition to [...]
Del Casino Exposes Copyright ‘Gap’
Copyright Office Acknowledges Problem; to Extend ‘Notice of Inquiry’
[Press Release] – Intellectual Property and Copyright Law Attorney Casey Del Casino, of Adams and Reese, received notice from the U.S. Copyright Office that his observation regarding a “significant gap” in the termination rights provisions of the Copyright Act of 1976 will result in the office to [...]
Digital Expert Sees Downturn for Downloads
Speaking at the opening panel of the Digital Music Forum East in Manhattan yesterday (2/24), Russ Crupnick, an analyst with the research firm, the NPD Group, predicted a grim future for free streaming music sites that enable users to listen to songs any time free of charge.
Presenting data on U.S. music purchases from 2007 to [...]
Joe Chambers on “Fox and Friends”
Joe Chambers, founder of the Musicians Hall of Fame & Museum, was on Fox News’ Fox and Friends this morning (2/22) discussing the recent eminent domain ruling that caused the Museum to shut its doors to make way for a new Nashville convention center. See the video.
The museum closed on Saturday, February 13th after Judge [...]
Lower Broadway Gets Rich
Nashville Real Estate blogger Grant Hammond is reporting that country star John Rich and business partner Phil Martin have purchased the Seanachie Irish Pub building on Lower Broadway in downtown Nashville. The building is currently pending renovations as the group completes the process of acquiring building permits. Hammond speculates that the selling price “was in [...]
Britain’s Nat’l Trust Eyes Abbey Road
The Abbey Road studios, recording home of The Beatles and many other British hitmakers over the years, from Cliff Richard to Pink Floyd to Radiohead, are to be sold by the EMI group. London’s Financial Times describes the sale as an attempt to reduce EMI’s highly publicized debt burden.
The studio gained worldwide fame via the [...]
NashvillePost: Gibson goes on defensive against price-fixing claims
From the NashvillePost.com:
Iconic Nashville-based guitar manufacturer Gibson said claims it colluded with other manufacturers and a retailer in a price-fixing scheme are “wholly without merit.” Gibson, along with competitors Yamaha and Fender, retailer Guitar Center, and the National Association of the Music Merchants, an industry group, are charged in a number of lawsuits in California [...]
Terra Firma Orders New EMI Strategic Plan
Seeking to persuade Terra Firma investors to inject a reported $158.5 million of additional investment, Guy Hands, founder of private equity group Terra Firma, has asked EMI Music chief executive Elio Leoni-Sceti to draw up a new plan for the company. London’s Financial Times reports today (2/4) that the cash injection is intended to meet [...]
Arts & Business Council Sponsors Law Clinic
The Arts & Business Council of Greater Nashville and the Tennessee Bar Association Sports & Entertainment Law Section are hosting a Nashville Entertainment Law Clinic in the SunTrust Community Room at the Country Music Hall of Fame® and Museum on Saturday, February 20 from 9:00 AM-1:00 PM. At the clinic, songwriters are welcome to sign [...]
Ticketmaster/Live Nation Merger To Get US Approval
The US Department of Justice plans to approve the merger of Ticketmaster and Live Nation. Regulators are demanding that the companies make a few concessions to ensure fair competition, including licensing its Ticketmaster Host ticketing software to concert promoter and venue manager Anschutz Entertainment Group, and divesting its self-ticketing subsidiary Paciolan to promoter and manager [...]
National News: Labels Face Antitrust Suit; Arbitron; Bergman Catalogue
An antitrust lawsuit alleging price fixing of digital downloads by the major labels has been reinstated by a federal appeals court. EMI, Universal Music Group and Warner Music Group, are among the defendants in the case that will be allowed to proceed. The U.S. Second Circuit Court of Appeals overturned the October 2008 decision of [...]
Performance Royalty Debate Over Ringbacks
BMI has filed suit against T Mobile, claiming that the mobile phone company hasn’t secured proper licensing for selling ringback tones. According to Digital Music News, the suit filed in the US District Court for the Central District of California, Los Angeles, says BMI has licensing agreements with other carriers.
Since BMI and other performing rights [...]
Letter To The Editor Re: Urban At PC Awards
Some members of the music community are riled up over Keith Urban’s acceptance speech for Favorite Male Artist at last night’s (1/6) People’s Choice Awards. On stage at the Nokia Theatre LA Live he thanked fans and said the most important thing to him is that people hear his music, even if they download [...]
Piracy Report: 2009s Most Downloaded Films
The music industry is not alone when it comes to fighting the revenue-shrinking effects of piracy. Web analysts www.torrentfreak.com, a site dedicated to creating unique information pertaining to filesharing, has released its list of the Top 10 most pirated movies of 2009.
The site notes that although Internet piracy from the silver screen increased during 2009, [...]
Citadel To File Chapter 11
Citadel Broadcasting plans to file Chapter 11 bankruptcy protection before the end of the year, the Wall Street Journal reports. The radio broadcaster is in talks with lenders over the prearranged bankruptcy plan which has lenders exchanging Citadel’s $2 billion in debt for about 99.5 percent equity in the reorganized company, the Journal said. The [...]
Booming Movie Biz Headed For Biggest Year Yet
Hollywood is on track for its biggest year ever. TheWrap.com reports that domestic box office receipts will zoom past the $10 billion mark for the first time in history by the end of 2010. It’s surprising news considering the recession and the fact that there were almost 20 percent fewer films released in 2009 than [...]









