Wesbild Presenting Sponsor of Coquitlam Foundation Awards Night

Wesbild was proud to be the Presenting Sponsor of Coquitlam Foundation’s Annual Awards Night.

The awarding of scholarships and grants highlighted the evening held June 9 at the Evergreen Cultural Centre.  In total, the foundation distributed approximately $100,000 worth of grants, bursaries and scholarships to Coquitlam-area groups and students, including Wesbild’s very own Wesbild LIFT Scholarship Program.

The Wesbild LIFT Scholarship Program is a scholarship program at CABE Senior Secondary in Coquitlam, BC.  The Wesbild LIFT Scholarship has committed significant funds to support CABE graduates take post secondary training and education.

Congratulations to the Coquitlam Foundation for a very successful evening and to all of the Recipients for their hard work!

Music Publishing A&R Executive Donna Caseine Joins Reservoir Creative Team

As reported in Billboard, Reservoir is pleased to welcome accomplished A&R executive Donna Caseine to its Creative team. As a Senior Vice President of Creative and A&R, the Los Angeles-based Caseine will develop and oversee Reservoir’s West Coast Creative operation, working closely with fellow executives in New York, the UK, and Europe.

Caseine joins Reservoir following a twenty-year tenure at Universal Music Publishing Group, where her roster included prominent songwriters, producers, and performers of varied musical genre, such as Mariah Carey, Alanis Morissette, Ariana Grande, Ice Cube, Jill Scott, Raphael Saadiq, Julian Bunetta, Mike Elizondo, James Fauntleroy, and Prince, to name only a few.

Caseine’s genre-inclusive approach to A&R is one she looks forward to continuing in her new role. “Music, at its core, is genre-less and borderless, especially in the global digital age,” she says. “I love the creative flexibility at Reservoir, and the passion for connecting people around the world. I’m looking forward to meeting each writer and creating collaborative opportunities in both obvious and unexpected places.”

Reservoir Founder and President Golnar Khosrowshahi welcomes Caseine to the company, stating, “I am excited to complement our existing creative team with Donna’s impressive tenure and excellent reputation. With our writers spending more time than ever on the West Coast, we have the crucial opportunity to work with them even more closely through Donna’s ongoing, on-the-ground presence. This is another pivotal moment in building a seamless global team and historic catalog.”

Annette Barrett Talks IMPF Mission with Music Business Worldwide

Reservoir/Reverb Music Managing Director Annette Barrett spoke to Music Business Worldwide about the mission of the Independent Music Publisher’s Forum, which she helped found. Barrett also currently sits on the Board of the IMPF. Read the piece below:

INDEPENDENT PUBLISHERS FIGHT AGAINST MARKET CONCENTRATION – AND FOR MORE STREAMING CASH

A group of powerful independent publishers have vowed to collectively ensure that their market does not suffer from a damaging concentration of power in the coming years.

The Independent Music Publishers Forum (IMPF) was officially founded at Midem two years ago, and now counts more than 50 rights-holders as members.

They include Bucks Music Group, Reservoir/Reverb Music, Sugarmusic, Budde Music, SONGS Music Publishing, Wixen Music Publishing, ABKCO, Bicycle Music Company and Downtown Music Publishing.

Pierre Mossiat, CEO at Strictly Confidential and another founder member, Annette Barrett of Reservoir/Reverb tell MBW that IMPF was partly created to ensure the independents had a voice on the board of the ICMP – the global trade body representing music publishers’ interest – so it was crucial and strategic that IMPF had a seat on ICMP Board from the outset.

Says Mossiat: “We realised that the reaction to our creation may be: ‘Another trade association?!’ But we had the feeling that a few questions were not being answered for us [at ICMP].

“ICMP is doing important things that we don’t always understand or have input into. As independents, we have to have an eye on regulations, but that’s time-consuming and expensive – and ICMP is a perfect tool to manage it, so long as it’s not only in major interests.”

IMPF’s independent publishers certainly won’t see eye-to-eye with their major peers at ICMP on every issue.

A good example is the recent agreement between Sony/ATV and the estate of Michael Jackson for the purchase of the remaining shares of the ATV catalogue, worth an estimated $750m.

IMPF argues that the concentration of catalogue into the hands of Sony ATV – a company estimated to hold 30% of the music publishing market – would give Sony/ATV unfair negotiating power on digital deals.

The trade body has taken its protest to the European Commission, claiming that the move runs the risk of “reduced consumer choice and increased prices” in future.

If this battle with the most powerful market elements seems familiar, that may be because of an organisation which has clearly inspired IMPF.

“We certainly identify with IMPALA and Merlin, and what they have achieved,” says Annette Barrett

IMPALA, of course, lobbied hard against Universal’s 2012 $1.9bn buyout of EMI Music in the EC – a process which eventually saw UMG have to divest the Parlophone catalogue to Warner, and Warner in turn divest $200m+ in assets to independent labels.

“Independent publishers need representation with that strength and impact just as much as, if not more than, independent labels,” adds Barrett.

(If IMPF mirrors IMPALA in the label world, then the UK-based group of IMPEL – Independent Music Publishers’ E-Licensing – is more of a direct equivalent to Merlin; tackling commercial negotiations with digital services.)

When IMPF was setup, it primarily had one item on its agenda: the Global Repertoire Database.

Yet the GRD project, which would have created a single worldwide repository for all music publishing rights information, infamously collapsed in late 2014, by which time costs had hit £8m – a bill certain PROs were not willing to foot.

“The idea has not gone away since then,” comments Mossiat. “We still need global data for a global business.

“The GRD probably was probably too fast and probably too expensive for CMOs. But the next step, of regional hubs [bundling together collection across numerous territories’] is very possible, before something bigger in the future.”

He adds: “Our members are natural entrepreneurs, which means we are naturally less scared of change than the majors.”

One change those members certainly aren’t scared of is a redress in the balance of how much publishers get paid by streaming services.

A report from SNEP last year suggested that writers/publishers get around 16% of post-tax payouts from audio streaming platfoms – with labels taking 73% and artists 11%.

“You see in the press, ‘Good news about music. Spotify has paid X,’” adds Mossiat.”But that’s not always good enough news for our members.

“We as publishers missed a train there. We’ll never get what we should, but we must work on improving it.”

Reservoir President Golnar Khosrowshahi Partners with NMPA and Yo-Yo Ma for World IP Day Event

April 26 marks World IP Day. On this day each year, the World Intellectual Property Organization (WIPO), leads a global movement to increase education and awareness about the role that intellectual property rights play in encouraging innovation and creativity.

This year, the National Music Publisher’s Association hosted world-renowned cellist Yo-Yo Ma for a breakfast and Q&A held in the historic Mansfield Room at the United States Capitol in Washington D.C. Ma was joined by NMPA President & CEO David Israelite with special guest National Endowment of the Arts Chair Jane Chu for an insightful discussion made possible by Reservoir President, NMPA board member, and Silkroad President & Chair Golnar Khosrowshahi.

In line with WIPO’s mission to lead the development of a balanced and effective international intellectual property system that enables innovation and creativity for the benefit of all, Ma stressed the importance of musical innovation and devoting resources to the arts, stating, “Our future relies on how much we can support people who do creative and original work.”

Coquitlam SAR Command Centre Receives $10,000 from Wesbild

Coquitlam SAR Command Centre Receives $10,000 from Wesbild

Today, Raymond Nothstein, Vice President of Development and Planning for Wesbild Holdings Ltd, was pleased to commit $10,000 to the Coquitlam Search and Rescue (SAR) Team for a new Mobile Command Centre. He was joined by Sandy Burpee, the fundraising chair for Coquitlam SAR, and Action Mayor Terry O’Neill of the City of Coquitlam.

“Wesbild’s commitment to the community of Burke Mountain continues long after their home purchase,” said Mr. Nothstein. “When we learned from Coquitlam SAR that a great deal of the calls they receive are for people needing assistance both on and off Burke Mountain trails, we wanted to assist with the funding required for this important community safety initiative.”

“Coquitlam Search and Rescue is very pleased to have Wesbild as a partner in our project,” said Mr. Burpee.  “Their generous donation will allow us to upgrade the computer and audio visual equipment in the new command centre essential to planning operations and briefing search teams.  We look forward to an ongoing relationship with Wesbild.”

The current Mobile Command Centre is 20-years-old and due for retirement.  The new Mobile Command Centre will have the capability to travel on more challenging roads, transport additional field equipment, and enhance search and rescue management with new technology and additional floor space for work stations and briefings.  It will enable Coquitlam SAR to get searchers into the field more quickly and enhance the team’s overall effectiveness.  The new Mobile Command Centre is scheduled to be in operation by March 31st, 2016.

Wesbild Holdings Ltd. has a proud relationship with Coquitlam residents that spans over three decades. Wesbild is pleased to contribute financial support to important community safety projects for the Burke Mountain community, including the newly created map of Burke Mountain trails, a second year of funding for the parent-organized Burke Mountain school bus services, and today’s commitment to Coquitlam SAR.

Reservoir President Joins NMPA’s Songs Foundation Board

Reservoir President Joins NMPA’s Songs Foundation Board

Just months after being appointed to the National Music Publishers’ Association’s Board of Directors, Reservoir President Golnar Khosrowshahi joins the Board of the NMPA’s Supporting Our Next Generation of Songwriters, or SONGS, Foundation, a related organization that seeks to provide grants to songwriters struggling in the age of streaming.

The Foundation, headed by fellow Board members, NMPA President & CEO David Israelite, singer-songwriter Jewel, songwriter Kara DioGuardi, Razor & Tie founder Craig Balsam, and Nashville Songwriters Association (NSAI) President Lee Thomas Miller, will kick off its first annual charity golf tournament on Tuesday, October 6 in Washington D.C. Twenty of the top songwriters in the U.S., including Charles Kelley, Josh Kelley, Mark Bryan, Brett James, and Reservoir writer Scott Stapp will be in attendance to raise money for the Foundation.

For event tickets and sponsorship information, click here.

Reservoir President Joins Silkroad In Introducing ‘The Music Of Strangers”

Reservoir President Joins Silkroad In Introducing ‘The Music Of Strangers”

Reservoir President and Founder Golnar Khosrowshahi has helped produce a powerful new documentary from Yo-Yo Ma’s musical and cultural initiative, Silkroad, of which she holds the position of President and Chair.

The film, entitled The Music Of Strangers: Yo-Yo Ma And The Silk Road Ensemblewill make its worldwide premiere at the Toronto International Film Festival this week. Directed by Morgan Neville, who was behind the Oscar-winning documentary 20 Feet From StardomThe Music Of Strangers follows Yo-Yo Ma and his collective of musicians, visual artists, and storytellers as they explore the power of music as a means to preserve traditions, shape cultural events, and inspire hope. 

HBO has acquired U.S. television rights to the film, while The Orchard secured all other worldwide rights. A spring 2016 theatrical release is being planned with a TV debut to follow. 

“Morgan Neville traveled across three continents to tell the amazing stories of Yo-Yo Ma and these talented ensemble members,” Silkroad CEO Laura Freid notes. “We are grateful that his remarkable storytelling so powerfully portrays the ways music, art and culture can connect us to the unfamiliar and create positive change. We can’t wait to share this with audiences near and far.”

Wesbild Donates $20,000 for New Book Bus

Wesbild Donates $20,000 for New Book Bus

Last week, Wesbild announced a $20,000 donation to the Coquitlam Public Library to help fund their Book Bus.

The library has been raising money to replace the Book Bus after a fire destroyed the original bus in 2014. The new Book Bus will feature over 3000 library books, publications and resources, and will be fully wheelchair accessible. The Book Bus is expected to be in service in July 2015.

“The new Book Bus will fulfil an important role by bringing library services to the doorsteps of all communities in Coquitlam, including Burke Mountain,” said Kevin Layden, President and CEO of Wesbild Holdings. “Wesbild is pleased to contribute to this important project that will make a visit to the library more accessible for families, students and seniors.”

“We are pleased to have Wesbild support this important services,” said Library Director Todd Gnissios. “With this mobile Library Link we bring the power of discovery, creativity and knowledge out into our neighbourhoods and provide them a doorway to all of the services the Library offers.”

Learn about the Book Bus at library.coquitlam.bc.ca.

In The News:

Donation helps put library on wheels – Tri-City News, June 15, 2015

Coquitlam library finds new book bus – The Now News, June 17, 2015

 

June 2015 Wesbild LIFT Scholarship Recipients

June 2015 Wesbild LIFT Scholarship Recipients

We are proud to announce the most recent CABE graduates who received the Wesbild LIFT scholarship, which were awarded at CABE’s commencement ceremony on June 22.

Congratulations to:

  • Galen Doerksen to study Culinary Arts Level Two at Vancouver Community College
  • Allison Koote to study the Media Office Assistant Program at Coquitlam Continuing Education
  • Brenda Ramirez to study Administrative Assistant & Computerized Accounting at Coquitlam Continuing Education
  • Melodie Giraud to study Criminal Justice at the University of the Fraser Valley

And to these previous recipients who have had their scholarships renewed:

  • Sofia Herandez to continue studies in Criminology at Douglas College
  • Alex Johnstone to continue studies in Environmental Science at Douglas College
  • Maurice Dharan to continue studies at Douglas College
  • Narina Magee to continue studies at Douglas College
  • Cammeo Linardis to continue studies at Douglas College

The Wesbild LIFT Scholarship has committed significant funds over the next year and onward to support CABE graduates get post secondary training and education. The scholarship is open to current CABE graduates. Grads from up to 18 months ago can also apply, along with graduates from other schools in School District 43 but who have spent 75% or more of their time at CABE.

The next rounds of applications are due in November. Click here to download an application form.