HHR New Media, Entertainment and Technology Group

Dan and Matt discuss the NMET team’s relationships with its clients and some of the cutting edge transactions the team has worked on.

It was recently reported that in the midst of the Copyright Royalty Board (CRB) hearings, the publishers, record labels and digital music providers (RIAA, DiMA, etc.) agreed to a settlement on two of the five royalty rates scheduled to be set this October by the CRB. This news surfaces from comments made by National Music Publishers’ Association’s president/CEO David Israelite on June 18^th, 2008, at a recent trade association meeting in New York. Specifically, it seems the sides have reached an agreement on the rates for limited downloads and Internet streaming, but still remain worlds apart on the other rates, which include, digital permanent downloads and ringtones. The confidential agreement still requires approval by three CRB judges, however, there is little chance they will balk at a pack reached by the two sides. Continue Reading »

In this video, we discuss the challenges facing the music industry, as well as new opportunities that have arisen, as music moves from the living room stereo to portable players, moble phones, video games and other evolving platforms and models.