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Everything I've read has indicated that Lala's contracts with the music industry were non-transferable and would be dissolved upon Lala's sale or acquisition.
by dandelany 16y ago
Everything I've read has indicated that Lala's contracts with the music industry were non-transferable and would be dissolved upon Lala's sale or acquisition.
- Timothee 16y agoWhich is one thing Dalton Caldwell explained at Startup School: a music startup either doesn't have deals in place and is thus not a good acquisition target; or does have deals in place and is still not a good acquisition target because deals are usually not transferable upon acquisition.