Media +Technology Intelligence
In the past six months alone, New York-headquartered Primary Wave has acquired rights to music by the likes of (deep breath): Prince, Bing Crosby, Luther Vandross, Chris Isaak, Teddy Pendergrass, Gerry Goffin, and, most recently, James Brown. All icons in their own right; all adding weight to Primary Wave’s claim to be the “Home of Legends”. Source: Primary Wave has over $1 billion Read More …
UK-based song-investment fund Hipgnosis dropped $260 million on song catalogs from April 1st through September 30th of this year, but with net debt having surpassed a staggering $550 million, the company doesn’t “intend to offer further shares for cash consideration” before March 30th, 2022. Hipgnosis revealed these and other noteworthy points in its newly released interim Read More …
A never-before-heard Whitney Houston recording has broken NFT(Non-Fungible Token) sales after it was auctioned for $999,999 on the Tezos blockchain. According to the New York Daily News, the song was reportedly “uncovered” last year, and the late singer allegedly recorded the track at age 17. The title of the song has not been disclosed and Read More …
According to Tarantino, selling NFTs representing screenplay pages for particular scenes falls under his right to “screenplay publication,” one of the rights he reserved in his 1993 assignment to Miramax. Miramax argues that since the sale is a one-time transaction, it does not constitute publication (i.e., the distribution of copies to the public) and thus Read More …
It’s like the rerun from hell, as we’re once again seeing overwhelmed emergency rooms, widespread event and travel cancellations, and people desperately trying to get tested, vaccinated or boosted in time for the holidays. Dismaying as those realities are, it also should give Hollywood executives further pause in their halting segue to a post-pandemic release Read More …