BMG is speeding up payments for over 20,000 songwriters (which is also good news for KKR)

BMG says that it is speeding up payments to more than 20,000 US and UK songwriters on old contracts. The company says the move is “part of [our] program to ensure established clients are not left behind by changes in the industry”. It will see songwriters paid within 60 days of the close of a royalty period rather than the 90 days specified in their contracts.

Source: BMG is speeding up payments for over 20,000 songwriters (which is also good news for KKR)

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