As CD sales have dropped, record labels are realizing that they must be on the same team as those companies that distribute digital music to millions of internet users. Thats why Warner Music Group and Universal Music have forgiven debts to some start-ups, and this month they have renogiated the terms of licensing deals to allow users to download the labels’ songs. I haven’t seen the agreements nor heard of the details, but apparently the groups are experimenting with unusual licensing arrangements that would provide immediate breathing space for the start-ups to succeed. More on the details in a New York Times article today.
Ian McClure is a former corporate & securities and intellectual property law attorney with 
Trevor M. Blum is a former Associate in the Chicago-based, valuation practice group of Ocean Tomo, LLC., an intellectual property (IP) consultancy. Additionally, he provided instrumental research support to Intellectual Property Exchange International, Inc., an IP exchange start-up. Trevor holds a B.S. from Indiana University and is currently an MBA candidate at the University of Cambridge, focusing on international business and finance. His interests also include entrepreneurship, economics, and informational visualization. He enjoys running and cycling in his free time. Trevor seeks to bring a transnational business perspective to the blog. 
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