[Fmpro] Getty QQQQQQ's

[kirbyko3@aol.com]

They sold their business: their rolodex; their existing penetration into this industry; their past history and reputation and their future earnings; their good will in dealing with broadcaster clients; their fantastic catalog that sounds nothing like your Grandma's music library. I'm guessing that what Getty bought was a fully-established and user-friendly business that has HUGE earnings potential in the future, and Getty wants to exploit that and be able to keep every red cent that they make off of it. 

Kerry


-----Original Message-----
From: LesHurdle <leshurdle at avradionet.com>
To: fmpro at nxport.com
Sent: Wed, 3 Oct 2007 5:07 pm
Subject: Re: [Fmpro] Getty QQQQQQ's




On Oct 3, 2007, at 2:01 PM, kirbyko3 at aol.com wrote:

> And if PA sublicensed its catalog to another entity in exchange for  
> a set fee, and that agency then placed that music, then the  
> composer WOULD get a cut of that overall fee if their music was  
> used. I would encourage you, if you have access to a music biz  
> lawyer via FilmMusic.net, to download a copy of their agreement  
> from their website and have someone pick it apart.?? I'm happy to  
> relay my experience with Pump Audio, but I didn't intend for this  
> thread to become a defense of them.? Sometimes there ARE "good- 
> guys" in the world, and I happen to think that PA is one of them.


Agreed Kerry,

There are good guys CD Baby appears to be one.

However, if PA doesn't own any product, what on earth did they sell?

L

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