Quite surprisingly few days ago I was contacted by Ken Shipley, supervisor at The Numero Group (www.numerogroup.com), a little label from Chicago, related to the big fish Warner Music Group.
He wrote me this:
"As part of the agreement that allowed WMG to buy Parlophone three years ago, the EU required them to sell off 20% of their assets (http://www.billboard.com/biz/articles/news/global/1549326/warner-music-working-with-impala-merlin-to-sell-parlophone-assets). My company bid to buy several of those assets, which included The Third Ear’s albums Alchemy, S/T, and Music From Macbeth. Per the terms of the agreement, we must get artist approval to make the deal happen.
We are hoping to strike a new arrangement with the band members that would give a higher royalty rate and eliminate nonsense like breakage fees, as well find new opportunities for the band’s songs in TV and Film (alongside a reissue campaign).
I would greatly appreciate your help on this matter.
Best,
Ken Shipley"
I have contacted the old members to ask them how to go ahead with this.
Good news for the glorious old catalogue? New opportunities for the band's compositions on radio/TV/movie circuits? A brand new life for the Third Ear Band's music in the U.S.A.?
no©2016 Luca Ferrari (unless you intend to make a profit. In which case, ask first)
No comments:
Post a Comment