Publishing: Last News

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All news where Publishing is mentioned

nme.com
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Aviici’s family sell recording and publishing rights to Björn Ulvaeus’ Pophouse company
Avicii have announced that they have sold 75 per cent of the late musician’s recording and publishing rights to the Swedish company Pophouse.Avicii, real name Tim Bergling, died by suicide in 2018. Subsequently, his parents Klas Bergling and Anki Lidén have overseen his estate as well as a charitable foundation set up in his name.Klas Bergling said in a statement today (September 28): “My wife and I feel that as we are getting older, we do not have the right energy level or required skills to fully keep ahead of the new streaming and digital developments vital for such a big, international artist as Tim.”“Through this deal, we are also securing the Tim Bergling Foundation’s long-term finances, creating opportunity to act decisively on the foundation’s commitments to supporting such important issues as mental health and well-being of young people.”He went on to argue that the deal would bring Avicii’s music “to the widest possible audience” and “take care” of his international fanbase.“Since Tim took his life, as a family, we have not had sufficient time for his fans that they so deserve, and have lacked the ability to follow up on their correspondence and other contact with us.”“We leave neither Tim nor his contribution to the world.
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Kanye West claims his publishing catalogue is “being put up for sale without my knowledge”
Kanye West has come out with claims that his publishing catalogue is “being put up for sale” without his approval, involvement or even awareness – contesting reports that his team had pitched the sale to prospective buyers.Earlier this week, Billboard reported that West was “quietly and intermittently shopping his publishing catalog”, and that representatives for the rapper had met privately with prospective buyers to “explore what kind of valuation” his extensive discography could net.It’s said that West is eying a valuation as high as 35 times that of the net publisher’s share – around $175million (£153.9million), based on the estimation that West’s catalogue earns him $5million (£4.4million) of annual revenue.West has now denied his reported involvement in the potential sale, taking to his Instagram Story overnight to declare that his catalogue is “not for sale”, noting that “just like Taylor Swift, my publishing is being put up for sale without my knowledge”.The situation West is referring to is the 2019 sale of Swift’s material released between 2006 to 2017, which was acquired by Scooter Braun (with whom Swift had long feuded) when he purchased her former label, Big Machine Records, for $330million (£290million). That sale was enormously controversial, with Swift herself describing it as her “worst case scenario” and leading her to re-record two of the albums she no longer owns the original masters to – 2008’s ‘Fearless’ and 2012’s ‘Red’ – with the suffix of ‘Taylor’s Version’.The rights to West’s catalogue currently lie with Sony Music Publishing.
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