| We've covered the music business each day since 21 Jun 2002 Today's email is edition #5306 |
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| | In today's CMU Daily: Atlantic Music Groupâs great big game of snakes and ladders continues, with seventeen promotions announced as Elliot Grainge preps to take over on 1 Oct. The new promotions are big, bold, brave, thoughtful, meaningful and dynamic. If only someone had thought to add demure. Next time, perhaps
One Liners: New releases from St Vincent, Bon Iver, GloRilla, Rahim Redcar, Chris Lake, Disclosure, Bad Bunny, Military Genius, Yseult + more
Also today: The Michael Jackson estate has begun legal action after a former associate of the pop star reportedly demanded a payment of $213 million to stop him going public with new abuse allegations; David Joseph, CEO of Universal Music UK, has announced he is standing down and is off to study religion and theology; The MLC urges a court not to dismiss its Spotify lawsuit; Live Nation has made another filing with the New York court where it has been sued by the US government over allegations of anticompetitive conduct
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| Out with the old, in with the new: Atlantic Music Group annoints its new top team
| | Hot on the heels of Atlanticâs red wedding on Friday, and with barely enough time for outgoing execs to clear out their desks and be hustled into the lifts, the Warner Music US division has - in an announcement replete with buzzwords - unveiled its new âdynamic leadership team and structureâ, which will âmaximise Atlantic Music Groupâs cultural impactâ.
That dynamic leadership team includes a whopping seventeen execs, with âmore appointments regarding department headsâ to be made âover the coming weeksâ, so you might want to hold off updating your address book for a little while yet.
This is all, in case youâve forgotten, part of WMG boss Robert Kynclâs project in which he and his fellow execs have been âthoughtfully working on how to evolveâ Atlantic, including a new âflatterâ structure, of which recent announcements have been part.
âThis great label,â says new top dog Elliot Grainge, âhas moved through a meaningful transition, and emerged with a world-class team, made up of ambitious innovators and veteran visionariesâ. With alliteration like that, thereâs surely huge hope for a fantastic future. Or, indeed, âa future filled with opportunityâ, in the words of Grainge himself.
As part of that, âElliotâs thoughtfully chose a team that combines a wealth of experience, a diversity of expertise and a commitment to excellenceâ, and has issued a laundry list of execs who have been upped to a raft of very impressive and important sounding job titles.
Those execs include... | Read the full story | |
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| | | | | | | | | | | | | | | | đ See all current jobs at https://completemusicupdate.com/jobs | | Horizon is CMU's weekly newsletter that brings you a hand-picked selection of early-stage career opportunities from across the music industry. Whether you're looking for your first job in music or you're ready to take a step up, Horizon is here to help you find your dream job faster.
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Former Michael Jackson associate wants $213 million to stop allegations of abuse being made public | | The Michael Jackson estate has begun legal action after a former associate of the late pop star allegedly demanded a payment of $213 million to stop him from going public with new allegations of abuse. The estate has reportedly referred the matter to the US Attorney's Office in LA, basically accusing the former associate of extortion, while also filing an arbitration claim on the basis the new threat violates an earlier secret legal settlement.
According to the Washington Informer, estate co-executor John Branca accuses the former associate of seeking to âexploit Jacksonâs legacy for financial gainâ, adding that the manâs lawyer âeven said to us, if you donât meet our demands, weâre going to have to share these allegations with a wider group of people. It was a shakedown. Enough is enoughâ. Jacksonâs music and legacy has become a massive revenue generator under the estateâs management, with Sony Music recently agreeing a $600 million deal to acquire a 50% stake in the musicianâs catalogue.
| Read the full story | |
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| Lucian Grainge or God? Universalâs UK big cheese David Joseph is off to study religion | | David Joseph, CEO of Universal Music UK, has announced he is standing down after seventeen years in the role and 26 years with the major. While any future plans within the music industry are not yet known, next week he starts studying for a masterâs degree in religion and theology at Kingâs College London.
In a memo to staff, Joseph declares, âIt has been an honour to work alongside you, creating something truly exceptional, a company that wasnât only number one but also led with heart and creativity. Weâve done that together. This career, once impossible to imagine, has been a gift for which I'm deeply gratefulâ.
He then adds, âafter seventeen years in this role, itâs time to step into something new. Next week, a new chapter begins with a masterâs in religion and theology at King's College Londonâ. But, âbefore stepping awayâ, he goes on, âthere's one thing I need to say: âYouâve got thisââ.
| Read the full story | | The MLC and Spotifyâs legal back-and-forth rumbles on as MLC says Spotify is ârelying on new purported factsâ | | US collecting society The MLC has asked the courts to reject an attempt by Spotify to dismiss its lawsuit over the big bundling discount dispute.
We already know the arguments of both sides in this bust up and the latest court filing from The MLC doesnât add anything to that. However, the collecting society insists that the complaints set out in its lawsuit cannot, as Spotify claims, be dismissed at this stage without full scrutiny. The MLC says that, in the motion it filed last month, Spotify failed to meet the legal standard necessary for dismissal, first by âdisregarding or mischaracterising well-pleaded allegationsâ, then by ârelying on new purported facts outside of the complaintâ, and finally by âmaking merits-based arguments concerning mixed questions of law and fact that are inappropriate for adjudication at this preliminary stage of this caseâ.
| Read the full story | | Live Nation says antitrust lawsuit is already âcomplicated enoughâ without the DoJ adding âlegal theoriesâ | | Live Nation has urged a New York court to dismiss two elements of the lawsuit filed against it by the US Department Of Justice and a plethora of state-level Attorneys General.
It says that the DoJâs claim that it created an âunlawful tying arrangementâ between its amphitheater venues and concert promotions business is âlegally defectiveâ. Meanwhile attempts by the US states to secure damages for their citizens should fail because those citizens havenât suffered any âdiscernible injuryâ from the live giantâs alleged anticompetitive conduct.
âThis case will be complicated enoughâ, Live Nation says in its court filing, going on to add that the judge should dismiss these two elements now so that - as both sides move into the discovery phase - they donât have to concern themselves with âextraneous claims that fail as a matter of lawâ. The DoJ accuses Live Nation and its Ticketmaster subsidiary of exploiting their dominance of the US live entertainment market in ways that violate antitrust law.
| Read the full story | |
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