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Pearl Jam Inks Worldwide Deal With Universal Music Publishing Group

demetriosdemetrios Posts: 90,937
edited February 2016 in The Porch
http://www.billboard.com/articles/business/6882873/pearl-jam-universal-music-publishing-group

image

2/22/2016 by Ed Christman

The Universal Music Publishing Group has signed band Pearl Jam to an exclusive worldwide publishing agreement for the band's entire catalog, including newly written material, and Eddie Vedder's solo works.

The deal encompasses some of the band's most well-known and popular songs, including "Alive," "Even Flow," "Jeremy," "Daughter," "Rearview Mirror," "State Of Love and Trust," "Better Man," "Corduroy," "I Am Mine," "Worldwide Suicide," and "Just Breathe."

"I'm thrilled to finally have a great partner that I can entrust with the legacy of the Pearl Jam and Eddie Vedder catalogs," Pearl Jam manager Kelly Curtis said in a statement. "I'm excited for what lies ahead with UMPG."

According to the announcement, Pearl Jam has sold over 60 million albums globally, while Nielsen Music has U.S. album sales at 32.5 million.

"It's been almost 25 years since Pearl Jam busted the door open of the 'club' that hosts a very exclusive group of artists," UMPG chairman and CEO Jody Gerson said in a statement. "We are delighted that they have entrusted us with their amazing catalog and couldn't be more excited to be a part of their evolving career that will endure for decades to come."

On the heels of a 2015 Latin American tour attended by a quarter million people, the band will tour arenas and stadiums in North America through August, including headlining gigs at Bonnaroo and the New Orleans Jazz Festival.
Post edited by demetrios on
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Comments

  • HoccapukHoccapuk Posts: 532
    So does this mean we'll get the entire catalog on vinyl? :bee:
  • elwayvedderelwayvedder Posts: 9,108
    what does this mean for stuff in the vault and a possibility of a Lost Dogs 2?
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  • demetriosdemetrios Posts: 90,937
    Hoccapuk said:

    So does this mean we'll get the entire catalog on vinyl? :bee:

    We can only hope.
  • WhatYouTaughtMeWhatYouTaughtMe Posts: 4,957
    edited February 2016
    Ok, can someone with a good understanding of this explain it like I'm five? Doesn't Sony own publishing rights to their older stuff? If not, what's the difference between publishing rights and the rights that Sony has?
  • themessengerthemessenger Posts: 1,320
    Very curious what this could mean as well regarding reissues of vinyl.
  • Tim SimmonsTim Simmons Posts: 7,551
    edited February 2016
    I think it just means the publishing is now by Universal and not Sony.

    Hasn't monkeywrench been working with Universal for the past couple albums?
    Post edited by Tim Simmons on
  • my2handsmy2hands Posts: 17,117
    Interesting
  • demetriosdemetrios Posts: 90,937
    edited February 2016
    themessenger said:

    Very curious what this could mean as well regarding reissues of vinyl.

    Not sure. But maybe their social media pages will stop showing unofficial privated Pearl Jam vinyl bootlegs & show more official Pearl Jam vinyl releases.

    Post edited by demetrios on
  • Tim SimmonsTim Simmons Posts: 7,551
    That RT made me laugh
  • SaravaSarava Posts: 2,019
    It's to bad they didn't sign with Third Man Records. Jack White could have done some great things with vinyl re-issues.
  • Tim SimmonsTim Simmons Posts: 7,551
    I don't think this in any way affects old recordings (other than publishing payment being managed by Universal rather than Sony). I think all this changes is liner notes saying UMP and not Sony ATV or whatever.

    Until the recording rights are up, I think Sony still does the reissues, but ultimately, it seems like PJ has had significant involvement.
  • buck502000buck502000 Posts: 8,951
    SOME of the Band's most well-known and popular songs
  • FrankieGFrankieG Posts: 9,100
    Sarava said:

    It's to bad they didn't sign with Third Man Records. Jack White could have done some great things with vinyl re-issues.

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  • RoleModelsinBlood31RoleModelsinBlood31 Posts: 6,152
    Hmmmmm what does this mean
    I'm like an opening band for your mom.
  • Get_RightGet_Right Posts: 12,719
    Commercials?
  • Tim SimmonsTim Simmons Posts: 7,551
    Pearl Jam doesn't need TMR, but this doesn't have t do anything with recordings.
  • Tim SimmonsTim Simmons Posts: 7,551
    "newly written material" is a big takeaway here.


  • High Fidelity 2000High Fidelity 2000 Posts: 4,435
    Get_Right said:

    Commercials?

    Commercials, more movies, TV shows, more greatest hits, and reissues of stuff we already have. I guess vinyl reissues are welcome.

    That RT with the bootleg colored records is hilarious.
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  • my2handsmy2hands Posts: 17,117
    Get_Right said:

    Commercials?

    That's what scares me
  • Tim SimmonsTim Simmons Posts: 7,551
    edited February 2016
    Guys. Music publishing has nothing to do with control of the catalog. It has to do with the songwriting and management of rights.

    PJ still decides if reissues are coming, not universal (and I'm pretty sure the recordings are still through SONy - through RVM). If songs are wanted for commercials movies or whatever, they go through UMPG not Sony ATV. PJ still has approval. This is probably just back end business stuff about % of songwriting royalties and whatever.







    Post edited by Tim Simmons on
  • 100 Pacer100 Pacer Posts: 8,895
    WhatYouTaughtMe said:

    Ok, can someone with a good understanding of this explain it like I'm five? Doesn't Sony own publishing rights to their older stuff? If not, what's the difference between publishing rights and the rights that Sony has?

    Sony/Epic owns publishing rights and original recordings for all material published while under contract with them. The band owns publishing rights and original recordings for all material published after parting ways with Sony/Epic. UMG will facilitate marketing of all the material whenever it is licensed, whether it's a commercial/movie/advertisement/etc.
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  • Tim SimmonsTim Simmons Posts: 7,551
    This article makes it sound like UMPG has taken over the publishing rights to the Sony songs as well (not recordings) when they mention "most well-known and popular songs"
  • High Fidelity 2000High Fidelity 2000 Posts: 4,435
    Tim Simmons said:

    Guys. Music publishing has nothing to do with control of the catalog. It has to do with the songwriting and management of rights.

    PJ still decides if reissues are coming, not universal (and I'm pretty sure the recordings are still through SONy - through RVM). If songs are wanted for commercials movies or whatever, they go through UMPG not Sony ATV. PJ still has approval. This is probably just back end business stuff about % of songwriting royalties and whatever.







    Keep telling yourself that. ;) I know PJ has decided for the past 2-3 albums what to use in movies/TV etc... (Greys Anatomy, Castle, 50/50, MLB, Sons of Anarchy, etc etc) I Just think in addition to a massive company holding rights, there will now be more use.
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  • Spoonman110Spoonman110 Posts: 348
    So maybe when Mike and Kelly mentioned something being in the works for PJ25, they were referring to a string of vinyl reissues as a way to commemorate the event, and not a PJ20 style festival.

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  • josevolutionjosevolution Posts: 29,129
    More useless information !
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  • lolobugglolobugg BLUE RDGE MTNS Posts: 8,192
    This only refers to the way publishing royalties are paid.
    PJ would have to have the rights to their original master recordings revert back to them in order to have full control of reissues. it's unlikely that they put this in the contract when they signed in 1990. it is mostly an incentive given to established artists to resign with the record label. but I haven't seen anything about this from a legal aspect ever mentioned with PJ.

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  • Get_RightGet_Right Posts: 12,719
    UMPG is fully committed to the exploitation and licensing of each and every song in our extensive catalog. To successfully master this task, we employ talented individuals with a genuine passion for songs and a spirit of enterprise. The level of client service you can expect from UMPG is quite simply unparalleled.

    They hired a machine. Whether that means more commercialization of the music remains to be seen.
  • Tim SimmonsTim Simmons Posts: 7,551
    is commercialization of music even a big deal in 2016? You gotta do something to stand out.

  • buck502000buck502000 Posts: 8,951
    Have you seen the new Pepsi Alive commercial? Or how about the Coke Evenflow one?
  • Tim SimmonsTim Simmons Posts: 7,551
    edited February 2016
    I mean, don't people fast forward through commercials in 2016?


    * assuming PJ OKs for a songs use in a commercial, which I don't really see them doing, not that there is anything wrong with it anymore.

    Post edited by Tim Simmons on
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