The Grammy-winning superproducer was inspired by working with a rising artist to launch his own imprint.
The company, whose clients include Steve Aoki and Paris Hilton, reportedly owes $87 million to lenders and has agreed to appoint a chief restructuring officer.
The deal, which also encompasses elements of McAnally's master royalties, includes a global admin agreement for SMACKSongs and SMACKBlue.
The terms of the deal, which ended litigation over unpaid royalties, would “make the average person shake her head in disbelief.”
The opportunities for integration are more numerous than ever, but it behooves the music industry to do its homework before jumping in.
The 2wenty2wenty Music Group founder/CEO brings over 25 clients to Range, including Murda Beatz, Jason "Cheese" Goldberg and Autumn Rowe.
The deal includes all future and past releases from the house and techno label.
This week in publishing news: Wise further expands its classical holdings, Willis Wonderland holds songwriter workshop, and more.
Days after a federal judge said its case had serious flaws, a band called Artikal Sound System has moved to drop the lawsuit entirely.
The company also acquired additional publishing interests in some of Timbaland's back catalog, including cuts with Justin Timberlake and Jay-Z.
