946
Local Forecast / Re: General LF Discussion
« on: June 18, 2013, 03:14:18 PM »
Didn't someone not too long ago (I can't remember who) post about TWC having their credit downgraded. I think I recall within that small article mentioning how they as a company needed to borrow some money to pay off debts. I know the music department is an entirely different beast from what ever department(s) or whatever within the company that's responsible for the debt, but I would think if you're in debt and you're borrowing money, wouldn't a good cost effective initiative be to play in house production music instead of inquiring licenses to play mainstream musicians? I don't know how much licensing music for a company like TWC would cost, but I surely doubt it's cheap.