K-tel’s primary activity is licensing music to other record companies
and to other segments of the entertainment industry. K-tel owns a proprietary
master music catalog of approximately 6,000 titles consisting of original
recordings and re-recordings of music from the 1950’s through today. The
Company licenses the rights to its master recordings to third parties worldwide
for use in albums. The Company also
licenses its master recordings for films, television programs, commercials and
electronic downloads to various media formats, for either a flat fee or a
royalty based on the number of units sold. Licensing of its proprietary music
rights to third parties has...
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As of 02:47PM EDT May 24, 2012
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