Global Music Rights Announces License Extension Deal with Radio

Global Music Rights Announces License Extension Deal with Radio Music License Committee 

Irving Azoff
Global Music Right’s Irving Azoff

Attorney DAN PETROCELLI of O’MELVENY & MYERS, who represents GMR, offered the following statement:
“Today, GMR has offered a license to all radio stations represented by the RMLC allowing the stations to play GMR’s repertoire in exchange for specified license fees. This license extends ‪through SEPTEMBER 30th, 2017 and gives everyone additional time to negotiate long-term licenses with GMR. GMR offered this license to the RMLC last month, but the RMLC refused it and, instead, chose to sue and seek an injunction. With today’s agreement, the RMLC has withdrawn its request for an injunction and radio stations across the country will have the opportunity to offer their listeners GMR’s quality music.”

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Radio Stations Accused of Being Illegal Cartel By Global Music Rights

Radio Stations Accused of Being Illegal Cartel By Global Music Rightsdrake-cover-990LOS ANGELES (December 7, 2016) – Global Music Rights (GMR) on behalf of its 71 songwriters alleges that more than 10,000 U.S. radio stations wrongfully colluded to underpay songwriters to play songs on the radio.  GMR, a company founded by artist-activist Irving Azoff, filed suit against the Radio Music Licensing Committee (RMLC) in federal court for antitrust violations.“This is the most important fight of my professional life,” Azoff said. “I will not stop the fight for fairness to artists and songwriters.” According to GMR’s complaint, the cartel controls more than 90% of radio industry revenue, reaches more than 245 million listeners weekly and represents more than 10,000 U.S. radio stations.   Attorney Daniel Petrocelli of O’Melveny & Myers, who represents GMR, said that station owners conspired to exercise their “collective muscle” and keep their music costs low rather than compete with one another for content.”This cartel has been a smashing success,” Petrocelli said. “Music is the lifeblood of terrestrial radio but, because of the conspiracy, owners of terrestrial radio stations pay only about 4% of their revenue—a tiny fraction—to the songwriters who create that music. Other media distributors such as streaming music services, which are not part of the terrestrial radio cartel, pay substantially more money to songwriters.”GMR is the first new company in the performance rights business in 70 years, and its emergence has shaken up the entire industry.  GMR’s repertory includes songs performed by John Lennon, Justin Bieber, ‪Smokey Robinson, Steve Miller, ‪Shakira, Drake, ‪Randy Travis and ‪Kenny Chesney. According to the lawsuit, everyone is harmed by this radio industry conspiracy.  Songwriters aren’t compensated fairly for their works, new composers are not incentivized to write new hits, and radio listeners could be blocked from hearing their favorite songs. “That is where the law steps in,” said Petrocelli.  “Incentivizing creativity is the basic tenet of copyright law and the reason Irving started GMR.”GMR is seeking antitrust damages, which are tripled under the law, and an injunction forbidding the cartel from continuing its anticompetitive conduct. For more information about Global Music Rights, please visit: www.globalmusicrights.com 

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Irving Azoff's New Performance Rights Venture Seeks up to 30% Higher Royalties from Radio

Irving Azoff’s New Performance Rights Venture Seeks up to 30% Higher Royalties from Radio

25azoff1-master675Veteran artist manager Irving Azoff’s new music publishing venture Global Music Rights, (a division of Azoff MSG Entertainment) may not sit well with radio as it is seeking to change the landscape for songwriters in the 2 Billion dollar Performing Rights arena currently dominated by ASCAP and BMI (95%). Writers have been frustrated with the antiquated regulatory agreements via the Justice Department that puts limits on their ability to negotiate higher payments. “I vowed when I started this company that I was going to take care of artists. So I tried to identify places where I felt that artists were not getting a fair deal and the performance rights area jumped out at me. It was a place where I felt I could help our writers.” Azoff statedAzoff is currently controlling the catalogs of performers/groups like Journey, Foreigner, Pharrrell Williams, Shane McAnnaly and the estate of John Lennon amongst others. The Madison Square Garden Company is backing the venture with Azoff contributing $175 million. Global Music Rights will not be subject to antiquated regulations of ASCAP and BMI which will allow the company to negotiate for higher payments. Azoff will demand higher payments from radio as well as online music service companies.

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Irving Azoff's New Performance Rights Venture Seeks up to 30% Higher Royalties from Radio

Irving Azoff's New Performance Rights Venture Seeks up to 30% Higher Royalties from Radio

25azoff1-master675
Veteran artist manager Irving Azoff’s new music publishing venture Global Music Rights, (a division of Azoff MSG Entertainment) may not sit well with radio as it is seeking to change the landscape for songwriters in the 2 Billion dollar Performing Rights arena currently dominated by ASCAP and BMI (95%). Writers have been frustrated with the antiquated regulatory agreements via the Justice Department that puts limits on their ability to negotiate higher payments. “I vowed when I started this company that I was going to take care of artists. So I tried to identify places where I felt that artists were not getting a fair deal and the performance rights area jumped out at me. It was a place where I felt I could help our writers.” Azoff stated
Azoff is currently controlling the catalogs of performers/groups like Journey, Foreigner, Pharrrell Williams, Shane McAnnaly and the estate of John Lennon amongst others. The Madison Square Garden Company is backing the venture with Azoff contributing $175 million. Global Music Rights will not be subject to antiquated regulations of ASCAP and BMI which will allow the company to negotiate for higher payments. Azoff will demand higher payments from radio as well as online music service companies.

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Pharrell Expected to Leave ASCAP for Global Music Rights

Pharrell Expected to Leave ASCAP for Global Music Rights

Radio Facts: pharrellwillASCAP, BMI, and SESAC are the usual performance rights organizations of choice for major artists and most independent artists in today’s music industry but Irving Azoff and Randy Grimmett are trying to shake up things just a bit with Global Music Rights, which is their boutique performance rights organization.Under the Azoff MSG Entertainment banner, you will now see the very successful producer/songwriter and artist, Pharrell Williams. He is channeling his inner LeBron James by leaving ASCAP and taking his talents to Global Music Rights.Unless you have not listened to radio the last few years or even the last 15 years, then you should know the phenomenon that is Pharrell Williams. Whether it was alongside Chad Hugo as one half of The Neptunes or by himself, Pharrell has garnered success in the music industry as a triple threat.His  chart presence since last year includes being featured on Daft Punk’s “Get Lucky,” which he also co-wrote and Robin Thicke’s “Blurred Lines, “which he co-wrote and produced. Of course there is his Grammy nominated and multiplatinum selling single, “Happy” that took the world by storm and is feature on the Despicable Me 2 soundtrack as well as his album GIRL.Global Music Rights roster will definitely be bolstered with the addition of Pharrell Williams. There has been no official statement from Azoff’s company nor ASCAP  but the official split is expected to occur in early October.

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