Metallica Joins Venture Buying Song Catalogs and Other Intellectual Property


According to a published report by Variety, Metallica and longtime co-manager Cliff Burnstein are among the parties involved in a new intellectual-property acquisition venture Worldwired Music IP Fund. The venture, which also includes former Fender president/COO Matt Janopaul and former Sony/ATV co-president Rick Krim, will be looking to snap up a series of song catalogs as part of its portfolio.Continue reading