[Fmpro] ALL residuals ???

[Kirbyko3@aol.com]

In a message dated 5/15/07 4:48:29 AM, profwoman4u2 at gmail.com writes:


> More thoughts from Columbia:
> 
> "Hi Lynne,
> 
> I guess a recording company will agree and support payment of publishing
> because recording companies think that performing rights would cut down the
> share in the download pie.  I suppose that a recording company prefers to
> pay the performing right, pay the percentage of mechanical rights and keep
> the rest, and do not want to include performing in which they do not get a
> big piece.
> 

Lynne, whether it's from Columbia or Poland or Germany or LA or Scranton, 
you're just passing along the basic tenets of Music Business 101.   I think we 
could all suppose that a record company wants to keep a lot of money and not 
have to give any of it away.    Stuff like this is just fanning the flames.

Good luck with your ASCAP meeting today. We're all anxious to hear the 
answers to those questions.

Kerry


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