It is indeed odd to see record labels and music publishers who in many cases made every possible attempt to minimize or even ignore their royalty payments dumping hundreds of million dollars into song and artist catalogs. Possibly some of these people think that placing, for example, Paul Simon songs in movies or commercials will amort…
It is indeed odd to see record labels and music publishers who in many cases made every possible attempt to minimize or even ignore their royalty payments dumping hundreds of million dollars into song and artist catalogs. Possibly some of these people think that placing, for example, Paul Simon songs in movies or commercials will amortize their costs. When the price hits hundreds of millions of dollars for a single catalog, this doesn't seem like a sensible course. I would expect to see these companies make deals with the endless number of cable TV channels, but forcing a director to use these songs seems like a poor risk. I don't know how these deals can be justified. Allegedly Kate Bush is earning huge amounts of money, like 50,000 pounds a week, as her song Running Up That Hill becomes a TV theme song =, and a hit recording. Even this freak event is going to eventually slow down. The overhead in these deals is not sustainable. Kudos to Kate, who owns the recorded performance, is the song's writer, and owns her publishing.
It is indeed odd to see record labels and music publishers who in many cases made every possible attempt to minimize or even ignore their royalty payments dumping hundreds of million dollars into song and artist catalogs. Possibly some of these people think that placing, for example, Paul Simon songs in movies or commercials will amortize their costs. When the price hits hundreds of millions of dollars for a single catalog, this doesn't seem like a sensible course. I would expect to see these companies make deals with the endless number of cable TV channels, but forcing a director to use these songs seems like a poor risk. I don't know how these deals can be justified. Allegedly Kate Bush is earning huge amounts of money, like 50,000 pounds a week, as her song Running Up That Hill becomes a TV theme song =, and a hit recording. Even this freak event is going to eventually slow down. The overhead in these deals is not sustainable. Kudos to Kate, who owns the recorded performance, is the song's writer, and owns her publishing.