Music News (12/17/14)
ASCAP’s John LoFrumento has announced that he will retire as CEO of the performing rights organization, effective Jan. 1.
LoFrumento spent 33 years at ASCAP, with 17 of those year in the CEO role. LoFrumento’s career began in accounting, where he worked his way to a vice president and controller role at American Express prior to joining ASCAP as a controller in 1981. He worked his way through organization’s ranks, becoming CEO in 1997.
LoFrumento’s successor will be named shortly.
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Jewel Coburn, co-founder and co-owner of Ten Ten Music, has sold her half of the independent publishing company to Nettwerk.
MusicRow reported last week that Nettwerk One Music (NW1) has acquired a 50 percent stake in Ten Ten Music and the two companies have formed a publishing joint venture.
Over the last 30 years, Ten Ten has boasted more than a dozen No. 1 singles and Top 20 hits and album cuts. Coburn will shift her focus into Eleven Eleven Music, which she co-founded in 2011 with publishing veteran Jason Morris.
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ole and Blue Chrome Key Publishing have inked a deal that gives ole worldwide administration rights to singer/songwriter Jordan Rager.
After appearing on The Voice at the age of 17, he has toured with Justin Moore and played shows with Kip Moore, Casey James, Love & Theft, Gretchen Wilson, Bo Bice, and David Allen Coe. Rager recently signed a record deal with Broken Bow Records and is currently recording his debut album with producer Jeremy Stover, a fellow ole songwriter.
Category: Music News