Reservoir Acquires Iconic Tommy Boy Music, Groundbreaking Hip-Hop Label, for $100 Million

New York-based music-rights company Reservoir has acquired the groundbreaking New York-based hip-hop and electronic label Tommy Boy Music for around $100 million, according to an SEC filing. The deal comprises more than 6,000 masters, including such iconic hits from the ‘80s and early ‘90s as Coolio’s “Gangsta’s Paradise,” House of Pain’s “Jump Around,” and Afrika Bambaataa & The Soulsonic Force’s “Planet Rock.”

Chambers USA 2021 Guide Ranks Alter Kendrick & Baron, Lisa Alter

Alter Kendrick & Baron and founding partner Lisa Alter have been recognized by the world’s leading legal ranking guide Chambers USA as being among the top law firms and legal practitioners in the country in the field of Media and Entertainment: Music - New York for 2021. Chambers is a prestigious ranking organization that selects the top lawyers and law firms across the country on technical legal ability, professional conduct, client service, commercial astuteness, diligence, commitment, and other qualities valued by clients.

Chambers Profile for Lisa Alter

Lisa Alter Speaks on “The Terminators” Panel for Billboard Pro Spotlight Series

Lisa Alter recently participated in a panel entitled “The Terminators” for Billboard Pro’s Spotlight series “Creators and Copyright,” which aired May 14, 2021. During the webinar, Lisa and her fellow panelists discussed copyright termination, a complicated feature of U.S. copyright law that allows creators to terminate a grant of copyright.

Lisa Alter Interviewed by Fast Company on Music Catalog Sales Boom

Lisa Alter was recently asked by Fast Company to comment on the rise of songwriting catalog deals in the industry. “Some of the more aggressive players have raised the bar in terms of pricing, speed of closing—it’s become a very intense business,” said Lisa. “Going back a number of years, these deals could drag on for months. We are just in a boom in the business.”

Influence Media Buys Stake in Julia Michaels’ Song Catalog

Influence Media Partners, a music and entertainment fund with an emphasis on female artists and songwriters, has acquired a portfolio of select copyrights from the catalog of Grammy-nominated singer-songwriter Julia Michaels. The deal includes the pop writer’s publishing stake in songs performed by Selena Gomez, Justin Bieber and more.
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For Music Rights Deals, the Hits Keep Coming

Tempo Music Investments, a private-equity backed partnership, has quietly bought up music from the Jonas Brothers, Florida Georgia Line, Wiz Khalifa and some top producers. And they’re not done: The firm has more than $1 billion available to keep buying, an indication that the hot market for music intellectual property will continue. (Subscription required to read the full article.)

Primary Wave Acquires Recorded-Music, Music Publishing and Master Recording Producer Rights to Patrick Leonard catalog.

Primary Wave has announced that it acquired Recorded-Music, Music Publishing and Master Recording Producer Rights to Patrick Leonard’s catalog. The deal encompasses Leonard’s share of hits by the likes of Leonard Cohen (“You Want It Darker,” “It Seemed the Better Way,” “If I Didn’t Have Your Love”), Jewel (“Hands”), and his songwriting royalties for classics by Madonna (“Like A Prayer,” “Frozen,” “La Isla Bonita”). Leonard’s production and writing credits also include work with Roger Waters, Elton John, Rod Stewart, Fleetwood Mac, Peter Cetera, and more. (Subscription required to read the full article.)

Lisa Alter and Katie Baron Featured in Variety’s 2021 “Legal Impact Report”

The firm is pleased to announce that Lisa Alter and Katie Baron have been selected for inclusion in Variety’s “Legal Impact Report” for 2021. This prestigious list annually spotlights the world’s top lawyers in entertainment and media, highlighting their groundbreaking work in the music, film, television, and digital industries.

Lisa Alter and Katie Baron Named to Billboard’s “Top Music Lawyers” List for 2021

Lisa Alter and Katie Baron were recently selected to Billboard’s highly competitive “Top Music Lawyers” list for 2021, which profiles the most prominent legal minds in the music industry. This year’s list not only recognizes the achievements of its honorees, but also acknowledges the strength and resilience of the legal community serving the music business during this unprecedented time.

Primary Wave Acquires Music and Assets of Legendary Sun Records

Primary Wave has announced that it acquired historic Sun Records. The deal encompasses master recordings of some of the best known rock and roll songs of all time, including “Great Balls of Fire” by Jerry Lee Lewis, “I Walk the Line” by Johnny Cash, and “Blue Suede Shoes” by Carl Perkins, as well as all of the music publishing interests owned by Sun and the iconic Sun Records logo and all other trademarks owned by Sun, including that of Nashville’s Sun Diner.

Lisa Alter Speaks to TheWrap on on Music Publishing Deals

Lisa Alter was recently quoted in Brian Welk’s TheWrap article "Inside ‘Tidal Wave’ of Song Catalog Sales: Why Neil Young, Bob Dylan and More Are Cashing in." The piece focuses on the recent trend of well-known artists selling their song catalogs for giant price tags. Lisa offered her insight on the topic, explaining why this trend is occurring. (Subscription required to read the full article.)

Lisa Alter Named to The Hollywood Reporter’s Inaugural “New York’s Top 20 Entertainment Attorneys” 2020 List

The firm is pleased to announce that Lisa Alter has been named to The Hollywood Reporter's first-ever "New York Power Lawyers" feature, which spotlights the most influential attorneys in the entertainment industry who are based on the East Coast. The exclusive list focuses on only 20 NYC-area attorneys who are setting themselves apart from their peers in the media, music, fashion and theater industries.