Business Descriptions In 1993‚ Brown launched Small World Music in Nashville‚ Tennessee with husband Gary West and then went on to create Compass Records in 1995. Compass records is a small‚ independent artist-run company that established their niche in musical genres such as folk‚ roots‚ and celtic. In the context of the 2-billion dollar music recording industry‚ Compass Records has low market share in comparison to the multi-national corporations dominating the business. Brown was formally an
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Licensing A licensing agreement is an arrangement whereby a licensor grants the rights to intangible property to another entity (the licensee) for a specified period‚ and in return‚ the licensor receives a royalty fee from the licensee. 15 Intangible properties includes patents‚ inventions‚ formulas‚ processes‚ designs‚ copyrights‚ and trademarks Advantages Disadvantages the firm does not have to bear the development costs and risks associated with opening a foreign market. Licensing is very
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Media Management Music Retailing in India Submitted By 10-VC-101 Deepak Chand S INDEX * Introduction * Organized Retailing * Unorganized Retailing * Companies controlling the market * India’s Largest Music Retail Chain * Promoting the Outlets Introduction The music industry or music business consists of the companies and individuals that make money by creating and selling music. Among the many individuals and organizations that operate within the industry are: the musicians who
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states that the owner of a song copyright is to be paid whenever a composition is mechanically reproduced (Wikströmm‚ 2009). This generates royalties that are collected by the Mechanical Copyright Protection Society (MCPS)‚ which acts as an agent on behalf of the music publisher to administer the right to reproduce the specific song and to collect the royalties. The format on which songs have been featured has diversified radically. Until the revolutionary creation of digital
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hypothetical situations in text‚ which gives the reader a feel of the actual occurrence. The author has done a great job by constructing this case based on a real life situation to determine royalties due from unauthorized use of copyrighted music. Garcia has explained the aim of the paper in his abstract to shed light on royalty determination from unauthorized use of copyrighted music. The paper is a 4-paged fictionalised case study with three (3) main characters: Joy Ellis‚ a managing partner of Ellis and
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than 4% of revenue – sales is highly spread out • Export Sales @ $1.3M at a profit of 12% (0.61 M) International expansion • Siren in UK o 15 year license o 1.5% royalty – $ 0.12 M and rise to $0.61 M in 1991 o Broad geographic coverage rights plus non-exclusive outside UK • Scylla‚ S.A. in France o 10 year license o 1.5% royalty - $ 0.03 M and $ 0.06 M in 1991 o Exclusive in France and non-exclusive in Belgium • JV with Scylla‚ S.A o Name change to SOSA o 60/40 equity split with Odysseus
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Starting an Independent Record Label Introduction Throughout these four chapters I will be discussing how to start your own record label. Part one will be talking about how to get started‚ like what a record company does. Part two will be talking about setting up the actual label‚ like record deals‚ contracts that you will need‚ and making your business plan. Part 3 will be discussing how to find the group you will represent‚ like what to look for in an artist‚ what is the artist looking
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Business requires astute decision making. There is not any other way around the business circles. Very technically gifted persons have joined the business and failed miserably‚ failing to make a similar mark to the one they made in their professional fields. George comes out as a great talent in his area but his attempt in business turns into misery. He failed with a thud. He used all he had in his means but never made it past a novice business person. It is utterly frustrating with all the energy
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similar product to the one the licensor has already been producing and selling in the home country without requiring the licensor to open a new operation overseas. The licensor earnings usually take forms of one time payments‚ technical fees and royalty payments usually calculated as a percentage of
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Name: __________________________ Class: __________________________ Ruth Brown Questions 1. What singers inspired Ruth Brown? __________________________________________________________________________________________________________________________________________ 2. Why did she run away from home in 1945? __________________________________________________________________________________________________________________________________________ 3. What was the first record label that signed
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