BMG to review record contracts due to "shameful treatment of black artists"

Music company BMG has pledged to address "inequities or anomalies" in the record contracts of black artists, following criticism of widespread financial inequality in the music industry, Music Business Worldwide reports. BMG CEO Hartwig Masuch said the label was “mindful of the shameful treatment of black artists”, and would begin a review of historic record contracts within 30 days.