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amadeus

03/08/10 10:18 PM

#3154 RE: MONEYMADE #3153

right. and if each song generated an average of 100 bucks a year, or approximately 8 dollars a month, then at 10x revenue, each title would be worth 1000, and 20,000 x 1,000 is 20 million.
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fatherofseven

03/09/10 7:54 AM

#3162 RE: MONEYMADE #3153

Indeed... even $40,000/song is a mere shadow of this value. I'm associated with a popular musician... last year ABC/ CSI calls him and asks if they can use one of his songs for an episode... note, not buy, not have total rights for... merely "use" for 3 minutes of the episode... price? $20,000. So that's $20,000 in addition to all sales, rights, royalties, etc.... That's what we're talking about....

AND we shouldn't forget, the catalogue is merely one (BIG) part of the profit potential/value. Offenbach speaks of a new platform/model in the industry... getting artists connected to the market in new and innovative ways. Keep in mind, at the helm of sales for Sony, he understood what was selling what wasn't, and why it wasn't... Based upon this, I'm quite confident "On the Mark Entertainment" is going to offer a new model for montetizing artists work....