A radical change in media financing

By: rogerjneilson

Nov 08 2008

tags: , ,

Category: media

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Another effect of the internet
clipped from www.google.com

“360″ Music Deals Become Mandatory As Labels Prepare For Free Music

clipped from www.techcrunch.com
360 Music deals give labels their standard cut of CD and digital download sales, but also give them a percentage of event ticket profits, merchandise sales, endorsement deals and anything else that uses the artist’s brand or music.
A year ago they were still seen as controversial and experimental. Labels defended them as justification for investing in an artist in a time of decreasing CD sales.

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