[Editor Charlie sez: This is a guest post by Monica Conlon. Follow her @momusing. Used by permission, copyright held by the author, any reproductions require the author’s consent. Monica is Senior Executive Vice President of Creative Affairs and Licensing at Next Decade Entertainment, Inc., an independent music publishing company which she has been privileged to […]
Sometimes it pays to read the transcripts from earnings calls, especially for company’s like Pandora, our latest set of fake “friends” in the tech community. Always striving to keep their executive salaries high, Pandora’s CEO let their true strategy slip out in yesterday’s earnings call (see the full transcript on Seeking Alpha): For the landscape […]
The news that Sony/ATV made a direct deal with Pandora produced some strangely paranoid chatter in the echo chamber. Sony/ATV can bring Pandora to their knees, getting around the rate court, etc. I think it’s actually much simpler than that. What appears to have happened is quite simple–Sony/ATV opted out of letting ASCAP and BMI […]
Greg Sandoval has an interesting article today (“Web Radio Growing Faster Than On-Demand Services“) that points out another clear example that the new boss is worse than the old boss. It has been a time-honored tradition in record deals (and many other types of creator contracts) that if your record has success, your royalty rate […]
