Re: [bomp] EMI/BBC deal

[jumpinginthenight <jumpinginthenight@xxxxxxxxx>]

It is a fancy way of saying they will see profits on the sessions. Turn them into money, as it were.

--- On Sat, 6/14/08, Marc Miller <marmilmjd66@yahoo.com> wrote:

From: Marc Miller <marmilmjd66@yahoo.com>
Subject: [bomp] EMI/BBC deal
To: "bomp" <bomp@xnet2.com>
Date: Saturday, June 14, 2008, 6:42 PM

Don't remember if I saw this on this list or not,..
 
This could unearth some stuff that might interest us.  From The
Guardian
 
http://music.guardian.co.uk/news/story/0,,2284928,00.html?gusrc=rss&feed=networkfront#article_continue
 
Right now, in the smoke-filled boardrooms where corporation bosses make their
decisions, a bunch of suits are high-fiving each other while listening to
obscure Pink Floyd radio sessions. And the reason is that thousands of hours of
unreleased music are soon to be made available, as the BBC throws open its
vaults in a new deal with EMI Music. 
The agreement between EMI and BBC Worldwide, the Beeb's commercial arm,
means that each party will have access to release, broadcast and monetise
recordings by EMI artists from the BBC archive. These include unheard sessions
by the Beach Boys, Kylie Minogue and David Bowie. Other highlights of the BBC
treasure trove include a stripped-down version of Coldplay's Shiver, and
live radio sessions by Pink Floyd, recorded around the time of their debut
album, Piper at the Gates of Dawn, when Syd Barrett was still a member of the
band.
 
The deal means that EMI will be able to mine the BBC's vaults for
recordings by its artists, then release these sessions as DVDs, CDs and digital
downloads. The BBC, meanwhile, will be able to use performances from EMI artists
in radio, TV and internet programmes. 
Both companies will receive royalties from each other's sales, and artists
will still have to clear any release project. 
"We are very excited about this agreement," said Pete Duckworth, a
senior vice president at EMI Music UK. "In the BBC vaults there is a
wealth of unreleased and high-quality material from EMI artists that we will
now be able to bring to fans. At the same time, we can offer new revenue
opportunities to our artists that simply weren't there before." 
Universal Music struck a similar bargain with the BBC in 2005.
 
Me: I didn't know about the Universal deal - and what does
"monetise" mean??
 
Marc
 

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