Sunday, June 21, 2015
Music Business/Law Tips - "Music and Money in China"
American made entertainment content (i.e., music, movies, TV) has really never had a foothold in China - which has a vast consumer population - due to censorship, piracy, distance and culture. However, via the dominant Chinese e-commerce site Alibaba (whose business model is sort of an amalgam of Amazon, Spotify, Netflix, Ebay and Google) doing potential business with majors such as Sony, UNI and Warners, US content may now have a legitimate pipeline to a billion+ people. Let's hope that such arrangements can be made soon in places like China and India which have such a large number of potential fans to be turned on to US entertainers, which will lead to more business and money for the US economy and the US media business. Ben McLane Esq benmclane.com