Jem Aswad Senior Music EditorBMG has announced that it is eliminating a standard U.S. record-label deduction that serves to reduce the income of songwriters, composers and lyricists: The various discounts and caps contained in the “controlled composition” clause, which it estimates cost songwriters $14 million last year.BMG will voluntarily refrain from applying the reductions to any new record deals and remove them from its entire catalogue over the next year, the company stated today.
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.