What percentage of songs received by TAXI are forwarded to record companies, publishers, music supervisors, etc.?
This number can be misleading, but I’ll give it to you with some explanation. Eleven percent of the material that comes in gets forwarded. But, and I emphasize the but, that percentage obviously varies from listing to listing. We have to be much more selective when the request has come in from a major label president or VP than we are for a request that comes in from a video game manufacturer that tells us not to be too picky. In other words, on the picky end of the scale, the percentage is likely to be in the single digits. The loose end of the scale for companies that instruct us to be less stringent, might be twenty five percent. As well as your system works, isn’t it still an inherently subjective science? Absolutely. That’s why we hire A&R people who know what’s happening in the current marketplace, and in many cases, they even know the people who are running the listings, looking for talent and material. Some people think you guys are too expensive. What do you say to that charge
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