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  1. #1
    Baluchitherium loveevhsince79's Avatar
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    10.23.15 @ 04:49 PM
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    Default Could VH's Royalties Run Out?

    There was an interesting article about the state of WB today which could very well have an effect on Van Halen. It was by Roger Friedman in Fox's 411.


    "Can Matchbox Save Bronfman, Et Al?

    Edgar Bronfman Jr.’s Warner Music Group is at an all-time low this morning, trading at $15.09 a share. This is unbelievable and frightening.

    It’s hard to imagine Bronfman’s backers, such as Thomas Lee, are happy with this situation. But for two years I’ve said it and will say it again: you can’t have a record company without records. Simply laying off everyone is not a way to claim fiscal propriety.

    Meanwhile, in Los Angeles, Bronfman could be saved. Atlantic Records’ megahit group, Matchbox Twenty, is in the studio with famed producer Steve Lillywhite.

    Group leader Rob Thomas has put aside his second solo CD for a few weeks to put together the group’s greatest hits with some surprising new music.

    I got to hear some of what they’re doing this week. It’s so good that Bronfman should send them something. At this point, a thank-you note will do.

    The whole WMG disaster makes for snarky copy, but it’s worse than that for artists still associated with the company. Lots of musicians depend on WMG for royalties as their income.

    If WMG fails, the ripple effect is enormous. This is something perhaps Bronfman is not thinking about. But lives are depending on him.
    It would be prudent of him and the rest of the WMG to remember that."


    If a record company goes bankrupt, does that mean the artists no longer receive royalties? Could the absence of royalties mean a CD and tour sooner rather than later from VH?
    Last edited by loveevhsince79; 06.21.07 at 07:38 AM.

  2. #2
    Sinner's Swing!
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    WB Records is in a sad state since they're depending on a new release from Matchbox 20!

  3. #3
    Atomic Punk Eddymon's Avatar
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    Matchbox 20 = Justin Timberlake with a backing band.
    'Old Van Halen, when I was in it-classic Van Halen-makes you wanna drink, dance and screw, right? And the new Van Halen encourages you to drink milk, drive a Nissan and have a relationship.' - David Lee Roth.

  4. #4
    Atomic Punk chefcraig's Avatar
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    The paying of royalties is governed by law, much like the paying of one's credit card bill every month. Record companies can avoid paying through a claim of bankruptcy, just as the average citizen can do when facing insurmountable debt with creditors.

    It is up to the artist's particular financial planning as to whether touring is needed to fill in the loss. Though starvation is unlikely, maintaining a lifestyle that one is used to (if somewhat elaborate) could require financial stimulus from touring, yet unless it means making several million guaranteed dollars (like the Stones or U2 can command), it would seem unlikely a venture.

    Then again, financing one's retirement plan through a cash grabbing "farewell" tour (rather than a well thought out 401K plan) is not exactly a "new" concept in rock and roll.
    "The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man."
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  5. #5
    Atomic Punk Van Squalen's Avatar
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    Record companies are a dying corporate structure. They had a chance to join forces with the digital age during that whole Napster fiasco. But they balked, and now, most people are getting their tunes via download. CDs will be a thing of the past in five years, I suspect, and ITunes and all its MP3 copycats will be the leading sources of artist work dessimination.

    They blew it by assuming they could compete with sticking to old school access. There's a reason Tower Records shut down, why so many record stores are going the way of the dodo. I'm sure most long established artists (not Van Halen, they never do anything with the grain ) are readily determining how and where to distribute their songs with the most exposure. And we all know where that is these days.

    It would seem that most bands, established and up and coming, will expose their new albums via the 'net download services, and then make their money with a tour based on the music's reception as tracked by the net service which distributed the work.

    I dunno how royalties for old albums will be transferred in that regard, or if they will at all, or if companies like WB will sell off the rights to joints like Apple, or if they'll be auctioned off to aspiring bidders assuming the record labels start filing bankruptcies, which I'd guess will start happening at an alarming rate someday soon.
    Last edited by Van Squalen; 06.21.07 at 11:06 AM.

  6. #6
    Atomic Punk chefcraig's Avatar
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    Quote Originally Posted by Van Squalen View Post
    ...I'm sure most long established artists (not Van Halen, they never do anything with the grain ) are readily determining how and where to distribute their songs with the most exposure. And we all know where that is these days.
    Starbucks?
    "The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man."
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  7. #7
    Atomic Punk Van Squalen's Avatar
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    Quote Originally Posted by chefcraig View Post
    Starbucks?
    Heh. Actually, I think it was a half-shrewd manuever on McCartney's part. Do you any idea how many people grace the inside of a Starbucks every single day of the week?

    Surely more prospective CD purchasers than online Amazon shoppers, or the last straggling old school holdouts digging through the bargain bin drawers at the few remaining Indie record shops.

    Coffee's a decent carrot on a stick. But I think that venue is limited to particular genres....McCartney, Alicia Keys, Maroon 5, No Doubt with your mocha latte, sure. Metallica, Van Halen Greatest Hits V. 3.0, and Velvet Revolver, maybe a little less so.

  8. #8
    Atomic Punk chefcraig's Avatar
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    Quote Originally Posted by Van Squalen View Post
    ...Coffee's a decent carrot on a stick. But I think that venue is limited to particular genres....McCartney, Alicia Keys, Maroon 5, No Doubt with your mocha latte, sure. Metallica, Van Halen Greatest Hits V. 3.0, and Velvet Revolver, maybe a little less so.
    Last week's "Doonesbury" storyline featured a guy promoting his album via Burger King. The conceit had the album available for purchase at the restaurant, with ads running in the women's restroom. One would think that this is actually a viable idea for pop music releases, and given the "all saturation, all the time" state of things (in particular The Disney Corporation), more than timely.
    Last edited by chefcraig; 06.21.07 at 11:26 AM.
    "The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man."
    George Bernard Shaw

  9. #9
    Atomic Punk Van Squalen's Avatar
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    Quote Originally Posted by chefcraig View Post
    Last week's "Doonesbury" featured a guy promoting his album via Burger King. The conceit had the album available for purchase at the restaruant, with ads running in the women's restroom. One would think that this is actually a viable idea for pop music releases, and given the "all saturation, all the time" state of things (in particular The Disney Corporation), more than timely.
    LOL! I saw that Doonesbury arc. Classic.

    Yep, the commercialization of the world continues its relentless creep toward complete consumer exposure in all aspects of daily life....stores, homes, your car, the crapper, restaurants....

    ...One first got a taste of where we headed in terms of ad overload when those overhead TVs touting repeated commercial blurbs started appearing in department stores and Nike outlets.

    SPEND money. Spend MORE money on extra stuff while you're spending money on the original stuff you came in for. We'll make the experience as neo-modern and plastic-fantasmagoric as possible.

    Best wishes,

    Madison Avenue.

  10. #10
    Atomic Punk chefcraig's Avatar
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    Quote Originally Posted by Van Squalen View Post
    ...One first got a taste of where we headed in terms of ad overload when those overhead TVs touting repeated commercial blurbs started appearing in department stores and Nike outlets.
    Not to mention gas pumps with built in television monitors, so one can get pumped further whilst pumping.
    "The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man."
    George Bernard Shaw

  11. #11
    Atomic Punk Van Squalen's Avatar
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    Quote Originally Posted by chefcraig View Post
    Not to mention gas pumps with built in television monitors, so one can get pumped further whilst pumping.
    Dude, I just saw one of those stations for the first time that last time I drove to Tahoe and stopped in Sacramento en route on the I-80. I dunno about LA, but in my part of SoCal we don't have those yet. It was quite strange. I kept thinking "this is so a future I didn't expect when I was 16 and driving my VW squareback."

    Then again, we don't have our promised hovercars yet either.

  12. #12
    Atomic Punk sixstring's Avatar
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    Quote Originally Posted by Van Squalen View Post
    Heh. Actually, I think it was a half-shrewd manuever on McCartney's part. Do you any idea how many people grace the inside of a Starbucks every single day of the week?

    Surely more prospective CD purchasers than online Amazon shoppers, or the last straggling old school holdouts digging through the bargain bin drawers at the few remaining Indie record shops.

    Coffee's a decent carrot on a stick. But I think that venue is limited to particular genres....McCartney, Alicia Keys, Maroon 5, No Doubt with your mocha latte, sure. Metallica, Van Halen Greatest Hits V. 3.0, and Velvet Revolver, maybe a little less so.
    LOL! I dunno...I'm a VH fan AND I LOVE Starbucks' coffee...there's CRACK in that stuff, doncha know? LOL!

    I hate Starbucks as much as any other corporate monster out there but I have to say, they sell the BEST damn coffee on the planet - bar none.

    I think it's marketing genius on their part to sell CD's in there as well - only problem is the PRICE of those fuckers - just like their coffee...LOL!

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    Worked for me anyway. I still have colleagues asking me what it is like to fuck a green womanoid with seventeen breasts.
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  13. #13
    Baluchitherium loveevhsince79's Avatar
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    Quote Originally Posted by Van Squalen View Post
    Metallica, Van Halen Greatest Hits V. 3.0, and Velvet Revolver, maybe a little less so.
    The straight up expresso buyers would be their market. You know, the hard core crowd.

  14. #14
    Eruption AVH Blues's Avatar
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    Quote Originally Posted by sixstring View Post
    LOL! I dunno...I'm a VH fan AND I LOVE Starbucks' coffee...there's CRACK in that stuff, doncha know? LOL!

    I hate Starbucks as much as any other corporate monster out there but I have to say, they sell the BEST damn coffee on the planet - bar none.

    I think it's marketing genius on their part to sell CD's in there as well - only problem is the PRICE of those fuckers - just like their coffee...LOL!

    According to Consumer Reports blind taste test McDonald's has better tasting coffee than Starbucks. I wouldn't really know because I get 20 Folger's coffee singles for 3 bucks and that works for me.
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    Atomic Punk jimmy812's Avatar
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    Quote Originally Posted by Van Squalen View Post
    Dude, I just saw one of those stations for the first time that last time I drove to Tahoe and stopped in Sacramento en route on the I-80. I dunno about LA, but in my part of SoCal we don't have those yet. It was quite strange. I kept thinking "this is so a future I didn't expect when I was 16 and driving my VW squareback."

    Then again, we don't have our promised hovercars yet either.
    Hey!! I just bought a hovercar!! You guys gotta check these things out!! They're so cool.
    2-time Fantasy Baseball Champion.

 

 

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