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SONY MUSIC AND LIGHTSTORM ENTERTAINMENT ENTER INTO WORLDWIDE RECORD AND MUSIC PUBLISHING ARRANGEMENT

 SONY MUSIC AND LIGHTSTORM ENTERTAINMENT ENTER INTO
 WORLDWIDE RECORD AND MUSIC PUBLISHING ARRANGEMENT
 NEW YORK, Aug. 6 /PRNewswire/ -- Sony Music (NYSE: SNE) and Lightstorm Entertainment have entered into a three-year worldwide software pact, it was announced today by Tommy Mottola, president of Sony Music; James Cameron, chairman, Lightstorm Entertainment; and Larry Kasanoff, president, Lightstorm Entertainment.
 Under the terms of the multi-layered record and music publishing arrangement, Lightstorm Entertainment will form a record label to be called Lightstorm Music, which will issue soundtracks to Lightstorm Entertainment's films and albums by artists the label signs. The soundtracks will be marketed and distributed worldwide by Epic Soundtrack, an Epic Records label which acquires and markets film and television soundtracks. Epic Sountrax releases include the soundtracks for "Singles," "Dances With Wolves," "Hook," "My Girl," and the soon-to- be-released "Honeymoon in Vegas." Lightstorm will work closely with Epic Soundtrax head Glen Brunman, who will be involved with the development of music to support Lightstorm films.
 Lightstorm Music will also sign new and established artists to the label, who will be marketed and distributed worldwide by Epic Records. Lightstorm will have an A&R professional acting as liaison with Sony Music who will help sign musicians, writers, and other musical talent involved with soundtracks and recording projects.
 Commenting on the announcement, Mottola said: "This unique agreement will enable Lightstorm to cross-promote their films from the music side, and provide Sony Music with the opportunity to work closely with one of today's most successful writer/producer/directors to create the best possible soundtracks to complement Lightstorm's films. In addition, Lightstorm's ability to sign talent will allow us to build a label beyond just soundtracks."
 Lightstorm Music Publishing, a joint venture with Sony Music Publishing, will own and administer the publishing rights to original music in Lightstorm's films. The new music publishing unit will also be active in acquiring copyrights in conjunction with film projects and signing artists, both for soundtracks and non-film recording projects.
 "Everyone at Sony Music Publishing," said Marvin Cohn, president, Sony Music Publishing, "is very excited about the opportunity to build with Lightstorm a catalogue of lasting music copyrights."
 Lightstorm retains ownership of all non-film ancillary rights under the terms of their new worldwide financing and distribution agreements with 20th Century Fox; Universal/United International Pictures; Jugendfilm; Artisti Associati; and Nippon Herald.
 "We're thrilled about working with Sony Music on our future projects," said Larry Kasanoff, president, Lightstorm Entertainment. "Glen Brunman's extensive knowledge of the soundtrack field and myriad affiliations in the music community will provide us with the best music possible to heighten the excitement of the images we bring to the screen. Tommy Mottola, Richard Griffiths (executive vice president, Epic Records) and Marvin Cohn are terrifically committed to helping us build a record label and publishing
company, both for our soundtracks and other projects. Sony Music, as a global leader in the music industry, has the necessary reach to make our soundtracks and albums available wherever our films are shown. Their international leadership ties in perfectly with our new worldwide film distribution partners. It's an ideal arrangement."
 The chairman of Lightstorm, James Cameron, is one of the most respected and commercially successful directors in Hollywood. He wrote, directed and produced "Terminator 2: Judgment Day," which has grossed nearly $500 million worldwide. He also directed "The Terminator," and wrote and directed "Aliens" and "The Abyss."
 Lightstorm produced the Guns'n'Roses video, "You Could Be Mine," starring Arnold Schwarzenegger and Guns'n'Roses, for "Terminator 2: Judgment Day." The video was MTV's No. 1 most requested video for 1991.
 -0- 8/6/92
 /CONTACT: Sue Satrino of Sony Music, 212-445-5047/
 (SNE) CO: Sony Music; Lightstorm Entertainment ST: New York, California IN: ENT SU:


TM-SM -- NY099 -- 7790 08/06/92 17:43 EDT
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Publication:PR Newswire
Date:Aug 6, 1992
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