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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.
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.
Yuck, sounds pretty messy -- Sony still owns the tapes, but now UPMG controls the publishing. It's not anything we'll experience as fans, but the admin of this is apt to be a pain in the ass.
"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."
Here's how I imagine this was said.
Quote:
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.
People have been quoting the "over 60 million" line since s/t's release announcement. Seeing as how just the three studio albums in the 10 years since then have sold more than 3 million, 65 seems conservative.
Quote:
"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.
Joined: Thu January 24, 2013 4:32 am Posts: 20855 Location: Surrounded by Wokes. Please send help.
tragabigzanda wrote:
stip wrote:
So as a follow up, do Stone or Jeff make any money off of Friends playing Yellow Ledbetter as performers, but not authors, of that song?
There's really no way to be sure. Taken at face value, no -- the revenue is allocated as explained above. But big money/major label acts typically have legal deals worked that that supercede PRO reporting. So while ASCAP may deliver the funds as I've stated, the band may have an internal deal that sees them dispersed differently. I remember an anecdote in the Kim Neely book in which the band decided to split all income with 40% going to Ed, and 20% going to everyone else. I'm sure that's changed somewhat since then, especially since Boom has joined.
It actually hasn't. Stone just buys Boom weed and fish tacos out of his personal 20%, and Boom keeps showing up for gigs.
Joined: Tue September 24, 2013 5:56 pm Posts: 47113 Location: In the oatmeal aisle wearing a Shellac shirt
Bammer wrote:
tragabigzanda wrote:
stip wrote:
So as a follow up, do Stone or Jeff make any money off of Friends playing Yellow Ledbetter as performers, but not authors, of that song?
There's really no way to be sure. Taken at face value, no -- the revenue is allocated as explained above. But big money/major label acts typically have legal deals worked that that supercede PRO reporting. So while ASCAP may deliver the funds as I've stated, the band may have an internal deal that sees them dispersed differently. I remember an anecdote in the Kim Neely book in which the band decided to split all income with 40% going to Ed, and 20% going to everyone else. I'm sure that's changed somewhat since then, especially since Boom has joined.
It actually hasn't. Stone just buys Boom weed and fish tacos out of his personal 20%, and Boom keeps showing up for gigs.
Doesn't sound like an entirely bad life Boom has made for himself. I love fish tacos...
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