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Music Publishing News Weekly Roundup: June 15, 2012

 

NMPA
David Israelite (R) at the NMPA Annual General Meeting

At the Annual General Meeting of the National Music Publishers’ Association, David Israelite renewed his calls to Congress to introduce a more efficient mechanical licensing system. Israelite also took aim at online music video service VEVO, who publishers feel aren’t paying enough for the use of their songs.

Broadcast Music Inc. (BMI) – one of the three US Performing Rights Organizations – has reached agreement with the Radio Music License Committee for the use of its repertoire through 2016. The truce ends two years of litigation.

Neighboring Right Collection agency Rights Agency Limited has entered into a strategic business investment agreement with music rights collection business and publisher, Fintage House.

Aerosmith frontman Steven Tyler has inked a worldwide publishing administration deal with Ole for selected works.

The publishing world mourned the loss of former BMI chief Frances Preston who headed the Performing Rights Organization for 18 year.

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