Fairness Rocks News UMG Fights Musicians Who Wish to Terminate Copyright Grants

Home Industry News UMG Fights Musicians Who Wish to Terminate Copyright Grants

Author: Eriq Gardner

Date: May 6, 2019

Original Source: Hollywood Reporter

Industry News

UMG Fights Musicians Who Wish to Terminate Copyright Grants

Universal Music Group has a ticking time bomb on its hands. The Copyright Act gives authors the ability to terminate a grant after a 35-year wait, and now there are hundreds of recording artists from the early 1980s who are looking to take advantage of this statutory provision to reclaim ownership rights. Soon will come artists from the late 1980s aiming to do the same. And after that, artists from the 1990s will want to cancel copyright grants so as to enjoy more financial rewards from digitally distributed music.

Read more: https://www.hollywoodreporter.com/thr-esq/umg-fights-musicians-who-wish-terminate-copyright-grants-1207640