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turnaround

 
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tcom



Joined: 06 Nov 2005
Posts: 37

PostPosted: Thu Oct 18, 2007 5:10 pm    Post subject: turnaround Reply with quote

Hello. I have question.
The following sentences are about licensing by a record label.

Quote:
Licensing recordings from Axios couldn�t be simpler - here are some of the advantages we offer:

● Simple fee structure - one low fee buys worldwide rights for as long as you need them
● Quick turnaround - we own all our recordings, so there are no cumbersome clearance procedures


I don't know what the word "turnaround" and "clearance procedures" mean in this context.
Could you tell me the right meaning?
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CP



Joined: 12 Jun 2006
Posts: 2875
Location: California

PostPosted: Fri Oct 19, 2007 12:24 pm    Post subject: Reply with quote

"Turnaroud" and "turnaround time" are used in lots of contexts to mean how long it takes for something to be completed. Maybe I want to order a part for my car, and I need it by next Wednesday. I need to know how long it will take to get to me--what the turnaround is--if I order it from this company or that.

In your sentence, the idea is that you won't have to wait a long time to get the right to use an Axios recording, because Axios already owns all the rights, so doesn't have to get anyone else's permission. The clearance procedures would be all the work (and time) it takes to find the owner of the rights and negotiate to get permission. With Axios, it is not necessary to do anything like that.
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tcom



Joined: 06 Nov 2005
Posts: 37

PostPosted: Fri Oct 19, 2007 4:33 pm    Post subject: Reply with quote

Thank you, CP Very Happy
Your reply is very helpful.
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