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To: TOPFUEL who wrote (17087)2/14/1999 12:23:00 PM
From: Andrew H  Respond to of 44908
 
It looks to me like Piercy gets only 1% of the profits on Internet pre-recorded music sales, which would included only CDs and tapes (and directly downloaded music). It would appear he gets nothing from the sales of cards or other products (islands, knives, plumbers or sex). >>>GGG<<<

This may not apply to music sold over the telephone.



To: TOPFUEL who wrote (17087)2/14/1999 2:13:00 PM
From: Ellen  Read Replies (2) | Respond to of 44908
 
Ok, good. We know what the terms are and what Piercy gets now that the CCI acquisition is rescinded.

Excellent!

sec.gov

TSIG has the exclusive license and Piercy receives a 1% royalty under the terms.

Glad that question is resolved.

Thanks Topfuel.


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