Categories
Old Blog

Prince Gains His Catalog in Landmark Deal With Warner Bros

As 2013 loomed, record label executives and artists managers said that they were unsure how copyright terminations and ownership reversions would play out as they expected a precedent-setting court case to decide whether the “work-for-hire” clause in standard recording contracts could successfully be challenged by artists. Works created under work-for-hire contracts are not eligible for copyright reversion. But privately some label executives have also said that in some instances the wiser course might be to negotiate the reversions and retain control of issuing artists’ catalog eligible for copyright terminations.

In cutting what appears to be a landmark deal, Prince has chosen to remain with the label that was the subject of his ire back in the 1990’s avoiding a risky and costly legal battle and still regain ownership of his catalog.

via Billboard.

One reply on “Prince Gains His Catalog in Landmark Deal With Warner Bros”

Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s