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Warner Bros
Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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nme.comMusic Week Hebden and his lawyers have argued that “a reasonable royalty rate…has at all material times been at least 50 per cent”.
The contract itself, signed in February 2001 long before the proliferation of streaming platforms and the first iPod, stated that record sales are subject to a royalty rate of 18 per cent.However, one clause in the contract reads: “In respect of the exploitation of the Masters and any videos embodying the Masters and received by us from our licensees outside the UK we shall credit your audio and audio-visual royalty accounts respectively with 50 per cent of all royalties and fees arising from such exploitation.”Hebden’s case states it “will contend that a reasonable royalty rate in respect of revenues derived.
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