[This post by FMC contributor Scott Oranburg]

A couple of weeks ago, NPR’s “Planet Money” broadcast an episode about Katy Perry’s recent success. In case you didn’t know, the pop star has locked down the Billboard charts with five different singles from her album Teenage Dream, selling over two million albums and 24 million songs on iTunes. Besides itemizing these accomplishments, “Planet Money” focused on EMI’s inability make more than eight million bucks from Perry’s popularity. read more