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EFTA00705051

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From: Lynne Meloccaro To: "jeeyacationgginail.com" [email protected]> Subject: RE: names Date: Mon, 25 Mar 2013 14:32:54 +0000 Dear Mr. Epstein, We have been selling mp3s of our performances for the past 2.5 years. They are available from a variety of retailers such as iTunes, Amazon, Allmusic, etc., and they sell for anywhere between .99 a track to $30 for a complete opera. We do not have much control over the pricing—the retailer determines that and it varies widely. The 120,000 figure is for complete albums, that is, could be a single track work such as a Strauss tone poem, or a 4-track work such as a symphony, or a 36- track work such as an opera. Our best seller is JanRek's Sinfonietta which has sold 31,000. Our next best seller is Barber's First Essay which has sold nearly 10,000. We make roughly $10,000-$12,000 a year from royalties, 60% of which goes directly to the musicians. In the context of classical music sales, in which anything that sells over 5,000 is considered a success, I think we are doing quite well. We don't make much money, but except for the 3 Tenors, classical recordings generally never have. Our commercial CD label, Telarc, which before it was sold was one of the most prestigious labels for classical recordings, subsidized its classical offerings through the sales of its more popular music recordings. We were interested in doing this because our recorded performances are often the only available recordings of works resurrected by Leon, and they should be preserved and made available. We have all the Beethoven and Mozart up there too, but Dukas's opera Ariane et Barbe-bleu, which Korngold thought was one of the greatest operas ever composed, is now available in a modern recording because of us. Egon Wellesz's symphony, never before recorded but thought of so highly by his fellow composers, is our 8th best-seller. For us these recordings are part of our effort to get beyond the classical top 40 and show the huge variet

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