Sony Music Entertainment (SME) is officially waiving unrecouped debts for more artists and songwriters, CEO Rob Stringer has announced. “First major for artists and songwriters to announce and implement pay-through on legacy unrecouped earnings,” the remuneration portion of the document states. “Potential to impact thousands of our artists & songwriters. Plans to expand the program in the upcoming year.”
Source: Sony Music Entertainment to Waive Unrecouped Debts for More Artists