Leading games industry publication MCV has asserted that the world’s largest third-party videogame publisher Electronic Arts is poised to buy Cherry Lane Music.
The move, which would see EA be the first out of the blocks in the race for wider mainstream acceptance (if not dominance) in our sector, would see the FIFA publisher net artist rights as lucrative as Elvis Presley and Black Eyed Peas, as well as some rubbish ones, including Blasternaut and Bob Sirois, whoever they might be.
The deal is believed to have been seeded when Steve Schnur, Worldwide Executive of Music at Electronic Arts met several times with Jim Griffin, CEO of Cherry Lane Digital at various functions over the last year.
“I think the assets for us are music publishing, in the themes and songs we have written, because ultimately when it comes to ringtones, film placements and so on, the person wants to be reminded of the theme,” Schnur explained at EIGF. “I don’t know why someone wouldn’t want the Medal of Honor theme as their ringtone,” quotes the trade weekly.