Is it real tech news or a joke in Silicon Valley? We’re having a hard time telling the difference. Star Wars trailers, emojis & plane wraps; Putin on the Ritz; China’s Great Cannon; your password is still “admin”, isn’t it? oh and… Han freakin’ Solo.
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IN THE NEWS
Ian McNabb (singer/songwriter, Icicle Works) on FB:
Earlier today I sounded off (again) about the fact that I’ve never earned any money from sales of records I haven’t put out on my own label. Somebody in the biz forwarded the message to someone at Beggars Banquet (who my ire was aimed at) who shall remain nameless and this was their response. This is pretty much standard and any artist who’s been around a long time and is now wondering where all the money is will get the same message. The key quote for me is “Without understanding the ramifications of taking a penny from a record company.” ;
“If you sign a contract that outlines exactly what money will be recouped from royalties with the guidance of both manager and lawyer you really shouldn’t complain thirty years later. I, more than most, understand how the division of “wealth” between record company and artist, at first look, appears completely out of balance. The reality is that if they had made cheaper records and taken smaller advances, not made videos, not taken tour support, they might be closer to recouping. It is the age old story of artists signing contracts without understanding the ramifications of taking a penny from a record company. In this instance, however, I doubt Beggars got rich off record sales.”
And friend of the show, Karl Wallinger (World Party) comment on his post:
So basically after failing in their professional capacity (selling lots of the artists records that they have signed because they thought they could sell the records) they then blame the artist for wandering into an ill-understood agreement……they actually have no idea and thats always been the problem, occasionally someone will bump into them with a big seller – but mostly they always played a crap game and when resistance started they bailed…not many really visionary record guys have existed especially in the last twenty years since the corporatisation of music,(having five people with marketing diplomas agreeing on a course of action to get the best out of an artist…it was better when one unqualified but insightful person could get with a band and carve a path for them through the bullshit of promo)…….the failure of the modern business is what engendered the desperate espousal of “bands and brands” and the mainstream move to sync music to advertising…..there is now NO COUNTERCULTURE …….and on top of letting the culture go to the dogs record companies tell you bullshit about “what you signed” and “reality” when all they ever did was exploit and deceive and line their own pockets.
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