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Steven Corn's picture

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Steven Corn

1 month ago

in Twitter Impersonator on DealFatigue
Did you write this before or after the Kayne West rant?

8 months ago

in The Bail Out on DealFatigue
I think that the entertainment biz, especially the music biz, is generally recession-proof. when times are good, people spend money on such things. when times are bad, they cut out vacations instead of movies.
1 reply
Peter Kaufman's picture
Peter Kaufman True. What's different now compared to other economic downturns is that there is no viable access to the credit markets. The entertainment business (like the textile business) needs to be able to bank its commercial paper; to obtain money from lenders based on the secured contractual commitment from another party (e.g., a studio) to pay on delivery of a picture. Without that, there could be a freeze of most of these transactions. The good news appears to be that the Fed's tactics (and those of other governments around the world) appears to be working albeit slower than we would like so these funds should be available soon (whatever soon means).

8 months ago

in Box Office on DealFatigue
I am one of only two people that i know that thought The Dark Knight was a mediocre film. The only redeemable element for me was Ledger's performance and that was the main reason that i went to see it. I don't regret spending the $10, though. I guess the point that I'm making is that there are often a lot of reasons why people see movies on a big screen. Putting Clooney and Pitt up there seems as good as any.

10 months ago

in Hatchet Job on DealFatigue
Good advice.

1 year ago

in The Bluffer on DealFatigue
Beautiful eulogy! It demonstrates how impactful seemingly mundane events can have in one's life. One just needs to be able to see the significance.

1 year ago

in Smart Money vs. Dumb Money on DealFatigue
Smart...good
Dumb...bad

1 year ago

in David's Got It Right on A VC
David fails to take one important factor into consideration. For the past year, the labels have been doing just what he wants them to do. They have opened up DRM, licensed new, innovative services (like iMeem and LaLa) and have even teamed up with DiMA in the recent copyright rate battles. It used to be the services vs. the labels.

But now, the bottleneck is being caused by the publishers and not the labels. They are relying on antiquated royalty formulae which do not mesh with the new business models being proposed on the web. Since labels are typically responsible for publisher royalty payments traditionally (e.g., mechanicals), they are beholden to the royalty schema that our present copyright laws dictate and which the publishers hide behind.

There is a major battle being fought about the future of copyright royalties. DiMA and the labels have proposed rate structures similar to the ideas that David suggest.

So, I think that he's off the mark.

1 year ago

in WGA Deal (Pretty Much) Closes. Now Let The Healing Begin. on DealFatigue
the question for me is would the writers have achieved a better deal if they deferred on negotiating a new contract for a year or two? I think that by then, the industry will have a decent, working, business model for downloading movies and TV shows. right now, things are too experimental and no one knows what strategy is going to make the best money.

so, if the WGA renewed their old deal for a short term and didn't obligate themselves to any long-term royalty deal for such downloads, I think that they would have been a much better place to get their royalty structure. It's always easier to discuss a revenue stream that is established versus a theoretical one.

1 year ago

in The Negotiation Culture: The Approach That (Might Have) Resolved The Strike on DealFatigue
Your column could have been titled "Why most people hate lawyers?" I think that Barrios describes the general belief that most people have that lawyers are not deal makers. Rather, in many cases, they represent an impediment to a win-win conclusion of most negotiations. It seems that in many high-stakes situations, most lawyers aim for a zero-sum gain situation.
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