Talent Clearing House Reaches $20 Million Milestone

WILKES BARRE, Pa.--(Business Wire)--
Talent Clearing House, Inc., a 7-year old company providing full
service royalty and financial administration services for the Music,
Entertainment and Media Industries surpassed the processing of $20
Million of music sales through its royalty administration system.
Talent Clearing House formed in 2001, foreseeing the eventual need for
a specialized service. It has experienced consistent growth throughout
its life and recently, while processing Mechanical Royalties for The
Redwalls' self-titled album on Mad Dragon Records, it reached the
milestone.

Paul Barretta, Founder and President of TCH, was recently quoted
in the NEPA Business Weekly edition of the Scranton Times-Tribune,
stating "We're like the smart kid in school who sits in the back of
the class. We don't always get invited to the best parties, but
everybody comes to us to do their homework."

Since its inception, TCH has used its proprietary system to handle
not only digital music sales, but also physical, ancillary and even
merchandise and tour revenue to calculate, track, report and prepare
royalty statements for record labels of all sizes. The process is
easily applied to any royalty structure, from traditional to net
profit and compilation deals. NEPA Business Weekly points out that
according to Terry Tompkins, President of Mad Dragon Records, the
label "tried in its infancy to calculate royalties by hand. With just
two artists, the task took an entire day. Now... calculating royalties
the old-fashioned way is out of the question."

The system's payment module provides the option for TCH to
initiate royalty and related payments on behalf of clients, and was
developed with modules for television program licensing, book
publishing and filmmaking as well as music royalties.

Mr. Barretta points out, "Although we offer both fee-based and
percentage-based pricing, the overwhelming choice of our customers is
fee-based. Because our royalty services are automation-based, fees are
quite low, and there's no reason a label should give up a percentage
of its revenue. We had nothing to do with creating, marketing or
distributing the music... Why should we have any right to a portion of
its revenue?"

For more information on Talent Clearing House, please visit
www.talentclearinghouse.com or e-mail info@talentclearinghouse.com.

Talent Clearing House, Inc.
Paul Barretta, 570-408-9802

Copyright Business Wire 2008