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Warner Chappell launches custom licensing model for Radiohead's 'In Rainbows'

Billboard reported yesterday that Radiohead and long-time publisher Warner/Chappell Music, a division of Warner Music Group (NYSE: WMG), have created "a unique 'all rights' digital licensing service for the alternative rock band's new album In Rainbows." This arrangement is in anticipation of the upcoming physical release of the album, following the two months it was available on a special website set up by Radiohead, which ended yesterday.

According to Billboard, Warner/Chappell set up a "global one-stop shop" which allows potential rights users to acquire the rights to the album from one location. In queue with Radiohead's initial decision to release the album without the music labels, this "one-stop shop" effectively removes those same entities from the rights process and keeps direct control with the band and the publisher. Jane Dyball, the senior VP of Warner/Chappell for European legal and business affairs, told Billboard that the arrangement is an "'experimental solution,' which should benefit Radiohead while 'providing all their licensees with a new, highly flexible service.'"

Continue reading Warner Chappell launches custom licensing model for Radiohead's 'In Rainbows'

Riches, sense of pride not enough for 3rd YouTube founder

Jawed Karim is supplying one answer to the question, "what if one of the market's biggest success stories was your idea... but no one knew your name?" For him, the answer is, "tell everyone!"

Karim was a co-founder of YouTube, along with Chad Hurley and Steve Chen. The general concept for the site, he says, was all his. But he stepped back from day-to-day involvement once the company became formal enough to have job titles, opting instead to embrace the student lifestyle once again. Once he went back to Stanford, he "advised" YouTube while his former PayPal colleagues did most of the legwork.

When Google, Inc. (NASDAQ:GOOG) came a-knocking, Karim wasn't involved at all, although it seems as if he's going to benefit from the $1.7 billion price tag; he did retain an ownership stake in YouTube.

So now Karim has money (twice over, as all three co-founders made money when PayPal was bought by eBay, Inc. in 2002). He has that sense of pride and personal satisfaction that you must feel when your brainchild is considered and found a-billion-and-change-worth of worthy by the market. What he doesn't have, though, is fame.

Why don't you make a movie about it, Karim? You could put it on this thing called YouTube ...

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DJIA-154.4810,309.92
NASDAQ-37.612,138.44
S&P 500-19.141,091.49

Last updated: November 28, 2009: 12:13 AM

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