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February 01, 2022
Warner scraps unrecouped balances for heritage artists
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Warner Music Group, the world’s third largest music rights company, has announced a “legacy unrecouped advances program”, which will in effect scrap any unrecouped debt for artists who signed to the label before the year 2000. The program is set to be put into effect on July 1. MBW assesses this news as "huge".
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