From: Bunge, Shelly Sent: Tuesday, April 28, 2009 7:16:55 PMTo:
Weil, LeahCc:Subject: music publishing revenue
Leah,
Per your request, attached is a report of our total publishing
revenue for fiscal years 2006-2009. Our catalog includes copyrights
from 1993 to the present (our prior interests having been sold to
EMI) and is administered by Sony/ATV. There are a number of unique
aspects to our Sony/ATV agreement:
1. The admin fee charged to us by Sony/ATV is very low-- only
10%, because at the time of making our deal, we opted for a low fee
in lieu of an advance. However, with the growth and success of our
catalog, we now receive an annual advance and a low fee.
2. We were able to negotiate a provision that allows us to pitch
and/or service license requests ourselves and whenever we do so,
they are not entitled to their fee on this income.
3. Because of their relationship with Michael Jackson, we are
captive to Sony/ATV. It is my understanding that we are not allowed
to shop our administration to a third party publishing company.
Please let me know if you have any questions or if there is
anything else I can do for you.
Best,
Shelly
Shelly Bunge
Executive Vice President, Music Group
Sony Pictures Entertainment
10202 W. Washington Blvd., SPP #5404
Culver City, CA 90232-3195
Tel: 310 244 8389
Fax: 310 244 2258
Attachments:FY2006to2009.pdf (10065 Bytes)
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