24.12.2016 22:30:00
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Global Music Rights Announces License Extension Deal with Radio Music License Committee
LOS ANGELES, Dec. 24, 2016 /PRNewswire/ -- Attorney DAN PETROCELLI of O'MELVENY & MYERS, who represents GMR, offered the following statement:
"Today, GMR has offered a license to all radio stations represented by the RMLC allowing the stations to play GMR's repertoire in exchange for specified license fees. This license extends through SEPTEMBER 30th, 2017 and gives everyone additional time to negotiate long-term licenses with GMR. GMR offered this license to the RMLC last month, but the RMLC refused it and, instead, chose to sue and seek an injunction. With today's agreement, the RMLC has withdrawn its request for an injunction and radio stations across the country will have the opportunity to offer their listeners GMR's quality music."
For further information, please contact:
Tony Freinberg
tony@gfbunting.com
(310) 614-1435
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-music-rights-announces-license-extension-deal-with-radio-music-license-committee-300383532.html
SOURCE Global Music Rights
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