Metallica gets rights to all its own music, launches label to release it all

Metallica is launching its very own record label, Blackened Recordings, and has regained control of all its master tapes. The band apparently signed a sweetheart of a deal with the Warner Music Group back in 1994 wherein—effective Nov. 30, 2012—the group would own the rights to all its music and long-form videos. While that sounds totally reasonable (Why shouldn’t bands own their own songs, after all?), the vast majority of artists don't enjoy this privilege, making Metallica one of the luckiest groups around.