Universal Music signs Rolling Stones
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Categories: Future, Uncategorized
Tags: deal, digital age, live, money, music, nation, publishing, rolling, stones, Univeral
Just keeping up with music news these days keeping an eye on Live Nation and its’ attempt to take over major acts. It’s always interesting to me to keep up with music business to see how the record labels value certain acts. While I believe that Live Nation takes a cut of the touring revenue of big acts that it signs, it looks like Universal Music Group is looking to capitalize on switching old catalog to “the digital age”.
Is there really still money in this? Also, it looks like EMI, the Rolling Stones’ old label still will retain publishing to their songs. I wonder then, who will make the money when they switch the old catalog to the “digital age”..?
