MarketWatch, a service of the Wall Street Journal, reports that a music business is positioned to take advantage of the shift most businesses in the industry will have to use someday: Talent Clearing House. TCH just cleared $20 million "of music sales through its royalty administration system." This kind of business is a sign of the shifting model the recording industry must continue to pursue in order to re-invent itself. It also is beyond the control of the industry "giants" which is also a good sign. The bad news, you have to live in Wilkes-Barre PA if you want to work them.
For more information on Talent Clearing House, please visit www.talentclearinghouse.com or e-mail info@talentclearinghouse.com.
http://www.marketwatch.com/news/story/talent-clearing-house-reaches-20/story.aspx?guid=%7B789DDD4B-0988-47C0-988E-0B2BC174595C%7D&dist=hppr
Thursday, August 28, 2008
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