Source: Zack O’Malley Greenburg / Forbes
Yesterday Warner/Chappell Music, the publishing arm of Warner Music Group, announced deals with Jay-Z to administer the copyrights of both his own songs and those on the music publishing roster of his company, Roc Nation.
Warner/Chappell will immediately begin administering Jay-Z’s catalog stretching back to 2008; by the end of 2013, it will handle the bulk of his early career hits as well. The publisher will also now administer copyrights for Roc Nation’s stable of songwriters, including Philip Lawrence (co-writer of Bruno Mars’ “Grenade” and “Locked Out of Heaven”) and S1 (co-writer of Kanye West’s “Power” and Beyoncé’s “Best Thing I Never Had”).
By the end of 2014, he’ll be in full control of both his master recordings and publishing rights—meaning that every time someone buys one of his albums, streams one of his hits online or licenses his song for a movie, he’ll get a considerably larger piece of the pie. Not bad for someone who already made $38 million last year.
For Warner/Chappell, Jay-Z’s deals might be part of an even bigger package. Rumor has it that Platt is in negotiations to bring Beyoncé’s publishing to Warner/Chappell as well.
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