Tuesday, July 2, 2013

BMG signs publishing deal for Rolling Stones songs by Jagger and Richards...

BMG signs publishing deal for Rolling Stones songs by Jagger and Richards


Here is the press release:
BMG is proud to announce that it has been appointed to represent the Rolling Stones music publishing catalogue.
Mick Jagger and Keith Richards have signed with BMG to represent their interests dating back to the early Sixties.
Beginning July 1, 2013, BMG will take on direct responsibility for publishing all of the songs written by the Rolling Stones songwriting team of Jagger and Richards since 1983. Additionally it will be responsible for handling Jagger and Richards’s shares of their pre-1983 copyrights which are represented by ABKCO (1963-1971) and EMI Music Publishing (1971-1983).
The deal comes as the Rolling Stones celebrate the 50th anniversary of the release of their first single in June 1963. It marks the first time The Rolling Stones have appointed an outside music publisher in 40 years.
BMG’s responsibilities will range from marketing and licensing the songs to the film, TV and advertising sectors, to ensuring that the writers are paid promptly and accurately for their use on the fast-growing number of digital music services.
BMG Chrysalis SVP Alexi Cory-Smith said, “Mick Jagger and Keith Richards are among the greatest songwriters in rock ‘n’ roll history. It’s a huge honour that they have chosen us to represent their interests. Beginning July 1, we will be working alongside all of our offices around the world to give them the very best BMG can offer.”
Mick Jagger and Keith Richards both commented, “We look forward to a fresh and fruitful long-term business relationship with all the team at BMG.”
The songs to be directly published by BMG span the albums "Dirty Work" (1986), "Steel Wheels" (1989), "Voodoo Lounge" (1994), "Bridges to Babylon:" (1997) and "A Bigger Bang" (2005) as well as future compositions. They include classic Stones tracks such as ‘Mixed Emotions’, ‘Love Is Strong’, ‘You Got Me Rocking’ and ‘Doom And Gloom’.
Meanwhile BMG will also administer Jagger and Richards’ interests in all of their Rolling Stones hits dating back to 1963 including "(I Can’t Get No) Satisfaction," "Brown Sugar’" and "Angie."
BMG CEO Hartwig Masuch said that winning the opportunity to work with Mick Jagger and Keith Richards is a significant milestone for the company, less than five years after it was founded. “This deal is incredibly important for BMG,” he said. “Keith and Mick have clearly created one of the most outstanding song collections in rock ‘n’ roll history. They have not only created the soundtrack of all of our lives, they have been a dynamic and constant force for cultural change. They could sign to any company they wanted to. The fact that they have chosen to sign with BMG is a significant vote of confidence in our team and in our creative and administration services. We will justify their trust in us.”
The Rolling Stones are currently in the midst of the US-leg of their "50 and Counting" Tour before playing the Glastonbury Festival this Saturday (June 29) and two dates in London’s Hyde Park on July 6 and July 13. Their latest album, the career retrospective "GRRR!," has charted around the world, debuting at No. 3 on the Official U.K. Albums Chart. The 2012 Stones documentary "Crossfire Hurricane," charting the band’s ascent, debuted at No. 1 in the U.S. and U.K. music video charts.
BMG is one of the fastest growing start-ups in music business history. Launching in 2008 as a new model music company representing both of the traditionally separate music publishing and recording rights, it is already the fourth biggest music publishing company in the world and most recently acquired the Sanctuary Records and Mute Records catalogues.