Lawyer News & Information

Ken Hertz – Hertz & Lichtenstein LLP, joins Ian Rogers in studio. 00:00 – Intro 01:30 – Ken Hertz’ background working at Capitol Records 05:00 – Ken’s background at Disney 08:20 – Ken’s transition from Disney to private practice 10:00 – Ken describes his primary role when working with artists 15:00 – Lawyers are the first creative filter in an artist’s life (who shops the record deal) 17:10 – Going through the process of discovering an artist and shopping them. An example of how a lawyer can make a difference. 24:30 – Ken talks about being brought into the tech world 27:10 – Ken discusses going to his first TED conference 28:45 – How Ken started memBrain 32:15 – Retail and distribution are the same thing on the internet 32:40 – With unlimited distribution, how have an artist’s options changed in today’s landscape? 34:40 – Ken discusses how nobody has ever sold “music”, they have always sold something else with the music. 36:00 – “Records are not music, Records are interactive devices” 38:00 – The future of music will be subscription services. 41:00 – “When people talk about the music business, they are usually talking about the CD industry” 43:00- “Music is the best way to sell other stuff” 49:35 – Ken answers what was in his first columbia house “10 CD’s for a penny” bundle? 50:25 – “People never made money off their record deals….” 53:25 -”There are no marginal costs to a digital sale, yet artists are paid on a royalty basis as if it were a physical good”. 59:45 …