Licensing music for professional use was once a difficult process. But now Bill Gates is making it a whole lot easier.
Through Greenlight Music, a privately held company own by Corbis, (which is, in turn, owned by Gates), customers can purchase & license tracks from all four major labels.
Music uses include advertising, websites, corporate functions, trade shows
Is this the next big thing? Get all the details from Gary Shenk, CEO of Corbis. Watch the video now!
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Trader disclosure: On Mar 15, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Seymour is long BAC; Seymour’s firm is long FCX; Seymour’s firm is long GFI; Finerman is long AAPL; Finerman is long BAC; Finerman is long JPM; Finerman is long WMT; Finerman is long HPQ; Finerman is long KFF; Finerman is long PACD; Finerman’s firm is long AAPL and short calls; Finerman’s firm is long JPM; Finerman’s firm is long WMT; Finerman’s firm is long PACD; Adami is long C; Adami is long GS; Adami is long INTC; Adami is long AGU; Adami is long NUE; Adami is long BTU; McCullough is long XLU
For Carter Worth
No disclosures
For Brian Nagel
The author certifies that this research report accurately states his/her personal views about the subject securities, which are reflected in the ratings as well as in the substance of this report. The author certifies that no part of his/her compensation was, is, or will be directly or indirectly related to the specific recommendations or views contained in this research report.
For Shaw Wu
(CSCO): Sterne, Agee & Leach, Inc. makes a market in the shares of the subject company
(AAPL): Sterne, Agee & Leach, Inc. makes a market in the shares of the subject company
(EMC): Sterne, Agee & Leach, Inc. makes a market in the shares of the subject company
(IBM): Sterne, Agee & Leach, Inc. makes a market in the shares of the subject company
CNBC.com with wires.
