•It’s a TOY! Tiny electronic chip, plays min. of popular
song – mini players-Destiny’s
Child singing their hit “Survivor”
•Made by Hasbro’s Tiger Electronics, world’s largest
elec. Toy mftr. – they license
content for toys all the time…
•But went to Music
Ind. to License digital music-hit brick wall w/ threat & uncertainty of Napster & the
Internet, the MI refused to
license anything “digital”- Hasbro came to Music Lawyer, & w/knowl. of existing business models
& relationships, were able
to est. new business models to license the recordings, songs, & advertising from
various record labels, artists,
writers & publishers for Hit Clips-
•Now, WSJ, Hit Clips
was last years biggest new toy & all the big rec. co’s & artists are lining up to be the next
Hit Clip!
•AND, so, this story
shows that, like the DC song, ©, & the Entertainment
Industry will “SURVIVE” In the Digital Age.
•