Metallica Takes Ownership Of Masters, Launches “Blackened Recordings”

The Press Release:
Metallica announced today that they have taken ownership of all their master recordings including all music and long form videos, a move almost unprecedented for musicians signed to recording contracts. Under provision of their renegotiated joint venture agreement with the Warner Music Group in 1994, all masters revert back to the band as of today, November 30, 2012.
“We would…

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