Exec to own songwriter/catalog negotiations in biz VP slot
MCA Music Publishing has tapped Michael Petersen veep of business affairs. The publishing biz vet will top the newly established department and be charged with the negotiation and acquisition of songwriter and catalog pacts.
Petersen, who also will tackle business and legal issues for the company, will oversee the three execs recently inked for the new arm.
The publisher has also inked All Saints to an exclusive, worldwide songwriting deal. The group’s international hit “Never, Ever” is climbing the charts abroad, and its tune “I Know Where It’s At” has found favor among radio programmers in the U.S.
The pact capped 10 months of talks with the band. More than 1 million copies of the band’s self-titled bow have been sold in the U.K.
MCA, which currently boasts a record 14 singles on the Hot 100 radio and single sales chart, also has inked rising newcomer Jimmy Ray to a worldwide publishing pact.
The singer’s Epic Records disc “Jimmy Ray” is gaining attention as a result of the success of the single “Are You Jimmy Ray?,” which has become a Top 40 radio and music cabler staple.
Joining Petersen at MCA will be Robert Allen, the senior director of business affairs who will be charged with negotiating and drafting a wide variety of pacts, as well as stopping unlawful infringement on MCA’s existing copyrights. Petersen and Allen both previously worked at Polygram Music Publishing.
“With the hiring of (Petersen) and (Allen), we created an instant team that already had years of experience working together,” David Renzer, MCA Music Publishing’s worldwide prexy, told Daily Variety. “Since there won’t be any learning curve, MCA will be able to move quickly on deals, while maintaining our artist-friendly and user-friendly environment.”
Prior to MCA, legal eagles Petersen and Allen were veep and director of business affairs, respectively, for Polygram Music Publishing.