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Re: StockWatch45 post# 2950

Friday, 05/31/2019 3:58:46 PM

Friday, May 31, 2019 3:58:46 PM

Post# of 22612
wow, thanks StockWatch45. I will think more about what you have said. I'm struggling with seeing how PRM will break though to get venues and radio to sign up unless PRM has many artists that are likely to be played. But also the idea of renegotiating fees with the big boys -- having trouble seeing how the technology will be leveraged to get them to do that. What if the big boys simply say 'no renegotiating'?

Even if a big star threatens to leave a big rights company and go to PRM - that will only benefit the star if thousands of venues and radio stations make deals with PRM. Would they do that? The star otherwise loses out on huge royalties.

That's what is needed, I would think - a mega-star - but I'm not seeing how this plays out logically.

As I said though, still thinking about the issue. Thanks again.

My philosophy is to just be honest and balanced, and let the market decide if it agrees or not.

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