IRON MAIDEN Among First EMI Artists To Sign 'Multiple Rights Contracts'

According to This Is Money, British heavy metal legends IRON MAIDEN were one of the first EMI artists to sign multiple rights contracts, allowing the music giant to profit from all aspects of their careers, from CDs to T-shirt sales.

Traditionally, music companies sign artists to recorded music contracts and they may also sign music publishing deals that entitle them to payment whenever the music is used. However, EMI's new owner, financier Guy Hands, is understood to be planning to boost the number of multiple rights deals — sometimes called 360-degree deals. These mean the company will also take a share of tour and merchandising revenues.

This type of deal is particularly suitable to artists such as IRON MAIDEN who get limited radio airplay but are hugely popular touring artists with strong record sales.

Read more at This Is Money.

Tags:

Posted in: News

COMMENTS

To comment on a BLABBERMOUTH.NET story or review, you must be logged in to an active personal account on Facebook. Once you're logged in, you will be able to comment. User comments or postings do not reflect the viewpoint of BLABBERMOUTH.NET and BLABBERMOUTH.NET does not endorse, or guarantee the accuracy of, any user comment. BLABBERMOUTH.NET reserves the right to "hide" comments that may be considered offensive, illegal or inappropriate and to "ban" users that violate the site's Terms Of Service. Hidden comments will still appear to the user and to the user's Facebook friends. If a new comment is published from a "banned" user or contains a blacklisted word, this comment will automatically have limited visibility (the "banned" user's comments will only be visible to the user and the user's Facebook friends). To report any abusive, obscene, defamatory, racist, homophobic or threatening comments, or anything that may violate any applicable laws, please send an e-mail to blabbermouthinbox(@)gmail.com with pertinent details.