Rodgers & Hammerstein Catalogue Sold
The estates of Rodgers & Hammerstein have sold the rights to the composers' songs to a company based in the Netherlands.
The sale includes licensing rights for future productions.
The deal was estimated to be worth at least $300 million.
R&H President Theodore Chapin is expected to remain with the company.
I find it rather disquieting that the work of such quintessentially American composers is now being controlled by a European company...
posted by Laura @ 10:18 PM
3 Comments:
From Mrs. UNG:
I'll be curious to see how this affect fees and customer service. At R&H the right hand never seems to know what the left hand is doing.
I'd love to know what you experience with them going forward!
Laura :)
First of all, wow, what an incredible sum of money.
And yes, I too agree, Americana belongs here where it originated.
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