Business News Deals Industry People Labels & Publishers

Cherrytree man could stay with Universal

By | Published on Monday 30 July 2012

Cherrytree Records

Just over a month after the boss of Cherrytree Records, Martin Kierszenbaum, announced that he was leaving Universal’s Interscope Records, taking his label with him, Billboard has now reported that a new deal has been struck with the major to keep the songwriter and A&R exec and his label within the fold.

Cherrytree had operated as an imprint of Interscope since 2005, but the deal was up for renewal and no terms could be agreed. But, it now seems that, even after Kierszenbaum had announced his departure, talks continued, and a new deal has now been reached, though the specifics of it are not known.