Sony Music to Forgive Artists’ Debts Prior to 2000, Reinstates Royalties

In a move to prioritize “transparency with creators in all aspects of their development,” Sony Music has cancelled the debts of thousands of artists signed to the label prior to 2000 and will pay affected legacy acts royalties, even if they still owe the label money. Under its Legacy Unrecouped Balance Program initiative, Sony will […]

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