The Weinstein Company and Cherry Lane Music Publishing Company, Inc, leading independents in the film and music publishing industries, have entered into a multi-year administration agreement covering all music and soundtracks from films released by The Weinstein Company. Under the terms of the agreement, Cherry Lane will represent and exploit all Weinstein Company owned music and soundtracks while securing performance rights fees from various music publishers worldwide. The announcement was made today by Rachel Levy, Vice President of Motion Picture Music for The Weinstein Company and Mike Connelly, EVP, Business Development for Cherry Lane.
Weinstein Teams with Cherry Lane Music Publishing
Peter Hurwitz, General Counsel at TWC and Rachel Levy stated, "We are thrilled to be in business with Cherry Lane. What makes them stand out is their ability to go beyond basic administration of a catalogue. We are two very like-minded companies that will mutually benefit from working together."
Mike Connelly, stated, "This is a very important relationship for us. The Weinstein Company and Cherry Lane are companies which share a passion for innovation, creativity and excellence. Both understand the importance of operating as independents within their respective industries and the benefits which result from that independence. We look forward to working closely with The Weinstein Company, both creatively as well as administratively. We plan on helping them maximize the value of their music assets in the years to come."
The Weinstein Company (TWC) was created by Bob and Harvey Weinstein, the brothers who founded Miramax Films Corporation in 1979. TWC is a multi-media company that officially launched on October 1, 2005. Dimension Films, the genre label that was founded in 1993 by Bob Weinstein, is also included under the TWC banner.
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