Lotta Money In The Music Publishing Biz Still

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  • KRL
    Entrepreneur
    • Oct 2002
    • 31429
    #1

    Lotta Money In The Music Publishing Biz Still

    British recording company EMI Group PLC has reached a deal to become the sole owner of Jobete, the Motown song catalog established by Berry Gordy Jr.

    EMI's Music Publishing division, which already owned 80 percent of Jobete, will complete the estimated $80 million buyout of Gordy's remaining stake in the catalog within a few days, the company said Tuesday. Jobete controls more than 15,000 songs from artists such as Stevie Wonder, Diana Ross & the Supremes, Marvin Gaye, the Temptations and the Jackson Five.


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    • titmowse
      Confirmed User
      • Jan 2001
      • 5320
      #2
      Originally posted by KRL
      British recording company EMI Group PLC has reached a deal to become the sole owner of Jobete, the Motown song catalog established by Berry Gordy Jr.

      EMI's Music Publishing division, which already owned 80 percent of Jobete, will complete the estimated $80 million buyout of Gordy's remaining stake in the catalog within a few days, the company said Tuesday. Jobete controls more than 15,000 songs from artists such as Stevie Wonder, Diana Ross & the Supremes, Marvin Gaye, the Temptations and the Jackson Five.


      Nice pop!
      that breaks my heart, actually.
      I still love everybody

        Comment

        • Doctor Dre
          Too lazy to set a custom title
          • Jan 2001
          • 51692
          #3
          I don't totally understand what this means, but yes there is still a lot of $ to be made .

          The live shows make kickass money for artists too ... Dozens K $ a day . Kazaa didn't only hurt the CD sales, it helped boost music popularity a lot . Nowdays ppl know 20 + artists . Before they only knew 2-3
          Originally posted by rayadp05
          I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

            Comment

            • titmowse
              Confirmed User
              • Jan 2001
              • 5320
              #4
              Originally posted by Doctor Dre
              it helped boost music popularity a lot . Nowdays ppl know 20 + artists . Before they only knew 2-3
              the claim that p2p is responsible for the decline in cd sales may not be true:

              http://news.com.com/2100-1027_3-5181562.html
              I still love everybody

                Comment

                • Manowar
                  jellyfish  
                  • Dec 2003
                  • 71528
                  #5
                  Originally posted by Doctor Dre

                  The live shows make kickass money for artists too ... Dozens K $ a day . Kazaa didn't only hurt the CD sales, it helped boost music popularity a lot . Nowdays ppl know 20 + artists . Before they only knew 2-3
                  I agree, especially with the Napster and Metallica case example, did Metallica not know that by suing the people downloading their songs, they were suing their fans ?

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