I looked at my calendar from last week and was reminded why I LOVE living in Nashville! After a busy Tin Pan South schedule, here are 14 reasons I am thankful! 1. Mando Saenz - Keep an eye on this amazing Texas artist! Fans of Steve Earle, Ryan Adams, Robert Earle … View Full Post
Historically, songwriters were exempt from Capital Gains rates on their taxes, meaning they had to pay the higher Ordinary rates when they sold their catalogs. The roots of these laws were based in the antiquated “Eisenhower Rules” from the early 1950’s. These … View Full Post
I recently read an article called “What the Music Industry Can Learn From the Beer Industry”. Basically, craft beers are experiencing high-growth because they provide a boutique, localized and premium user-experience … View Full Post
I recently found Steely Dan’s “You Can’t Buy a Thrill” in my record collection. It’s a vinyl album that I bought when I was a kid, with a price sticker that says $3.47. Well, I say I “bought” the album, but I didn’t really “buy” the album. Actually, I never really “owned” the music... … View Full Post
The Tennessean reported this morning that RCA Studio A was officially purchased by Bravo Development. Our company has invested tens-of-millions into our Music Row community, so I certainly understand why investors and development companies have been attracted. Any short-sighted developer could certainly scrape a landmark like Studio A in a day, and probably make some quick cash. […] … View Full Post
The U.S. Dept. of Justice recently opened a review to examine whether the it’s decades-old ASCAP and BMI consent decrees should be amended or eliminated. These decrees (including many rights and obligations that were developed in the mid 1960’s) regulate how Performing Rights Organizations (PRO’s) operate. So what does this review mean […] … View Full Post
The Multiple Problem(s) with “Multiples” First Problem: Average of What? I routinely see professional looking solicitations trying to imply I should pay an arbitrary multiple of their historical “average” income. The question becomes “Average of What??” Shall I use the past 10 years, 5 years, 3 years? All income? Some […] … View Full Post
Multiples and Other Hillbilly Math First and foremost, one of the biggest myths in catalog valuations is the holy “MULTIPLE.” I’m asked every day what “multiples” are being paid for catalogs. The truth is most modern valuation experts and buyers don’t use “Multiples” as their primary valuation strategy. Ok – there I said it. […] … View Full Post
Hearts Bluff will host The BoatHouse venue at the 2014 30A Songwriters Festival held from January 17-19. Located in Santa Rosa Beach, FL, The BoatHouse has become a favorite spot among the many venues featured in the 3 day event. Tickets are still available. For more information, click here. This year’s lineup on The BoatHouse […] … View Full Post
It used to be that buyers of music publishing catalogs were mainly publishers themselves. Today, instead of traditional publishers, the underlying funding for catalogs is likely to be … View Full Post
