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11-09-2010, 05:21 PM
|  | Registered User | | | | | The Fall of EMI
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Hey Justin,
You most likely know all about the recent EMI news.
I'm curious about a few things:
-For somebody in your position, what does this mean to you?
-What do you think is the best outcome from this?
-What are your feelings on the current state of the music industry and where do you see it going?
My dad has been a solo artist with his own label for about 20 years now (big in the Canadian Christian and folk scenes), so he has some interesting perspectives, but you're from a totally different world and I'm interested to hear what you think.
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11-09-2010, 06:21 PM
| | | | What specifically are you referring to?
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11-09-2010, 06:23 PM
| | Registered User | | | | | EMI losing their court case, which leaves them bankrupt and up for sale.
As far as I know, Google is bidding very aggressively.
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11-10-2010, 01:16 PM
| | | | Wasn't even aware.
I'm not sure what it means to me yet. I've made a good deal of money via EMI in the past, both as an artist (Ima Robot) and as a composer (I had a publishing deal with EMI that recouped about two years ago, leaving me now as a free agent). They've certainly always been good to me.
Interestingly, the record I'm currently producing, M83, is on Mute, which is within the EMI system. But we have been told that there are no issues on our project, which has already been green-lit. Also, when you have a pedigree act like M83 with four albums and consistently growing sales, it'll just always be able to land somewhere else. Same thing goes for Mute, which is coming from a position of strength. More than likely, things will just change hands, and the wheat will be separated from the chaff, as always occurs.
Quality always rises.
Where do I see it going? Simply this: The small labels will pick up the pieces (as they already have been), and run smarter businesses models that account for things such as subscription services, multiple music delivery options, etc. They will also have their hands in other pies (merch, touring, pub), but that's been inevitable anyways.
We're all going to be ok. We just have to stay light on our feet.
Best,
JMJ
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Jerose: "Don't forget LEDs!...you need enough to effectively render an assailant blind...once he's defeated you can reward yourself with Pez".
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11-12-2010, 11:01 AM
| | Registered User | | Join Date: Oct 2010 Location: Afton, VA | | Quote:
Originally Posted by jmjbassplayer  Wasn't even aware.
Quality always rises.
The small labels will pick up the pieces (as they already have been), and run smarter businesses models
We're all going to be ok. We just have to stay light on our feet. | Good musicians will make good music and the old wheel barrow of coke may or may not make it to the control room. |
11-12-2010, 03:54 PM
| | Registered User
Endorsing: Ampeg | | Join Date: Apr 2005 Location: Apopka, FL | | | well one thing that'll never go away or be affected by downloading is live performances, and don't think that the labels don't know it. that's why so many of them are going after 360 deals...to get their hands on the revenue streams they traditionally didn't get to make up for the streams they're losing.
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11-12-2010, 04:16 PM
|  | Supporting Member | | Join Date: Jan 2006 Location: New Jersey | | | There are reports that Google may step in to buy EMI. They have more money than they know what to do with. |
11-12-2010, 04:19 PM
|  | A figment of our exaggeration | | Join Date: Aug 2007 Location: Way Out West | | Quote:
Originally Posted by JimmyM well one thing that'll never go away or be affected by downloading is live performances, and don't think that the labels don't know it. that's why so many of them are going after 360 deals...to get their hands on the revenue streams they traditionally didn't get to make up for the streams they're losing. | So this is why it costs me $350 to go see Paul McCartney! |
11-12-2010, 04:47 PM
| | Registered User
Endorsing: Ampeg | | Join Date: Apr 2005 Location: Apopka, FL | | Quote:
Originally Posted by tangentmusic So this is why it costs me $350 to go see Paul McCartney! | that's right. they've determined that enough people will pay it, and so that's what he gets. and it's $2000 if you want to watch the soundcheck. it's a whole new era of gouging the consumer at the ticket booth. but they'll pay it, so if the record company promises to get that kind of money for them, why not?
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Last edited by JimmyM : 11-12-2010 at 04:50 PM.
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11-12-2010, 07:10 PM
| | | | Indeed.
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Jerose: "Don't forget LEDs!...you need enough to effectively render an assailant blind...once he's defeated you can reward yourself with Pez".
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11-12-2010, 07:47 PM
| | Registered User | | Join Date: Mar 2005 Location: Italy | | | dude, I don't care if you're sir Paul, Peter Gabriel or whoever.
making people pay 350$ for a concert is preposterous.
artists like these (artists that can have their voice heard) should stand up to the right of every human being to experience music.
350$ is music for rich.
and that's not cool (especially if you've already got a hughe bank account).
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11-12-2010, 08:03 PM
| | Registered User | | Join Date: Nov 2009 Location: Four Corners, USA | | Quote: |
making people pay 350$ for a concert is preposterous
| No one is making anyone pay $350 and it's not preposterous if an artist can make that. By the way, that price you are having problem with is most likely a scalper price. Get a job that pays you more, then you can go like I do. 
By the way, there is PLENTY of FREE live music available. |
11-12-2010, 09:42 PM
| | | Quote:
Originally Posted by Stick_Player No one is making anyone pay $350 and it's not preposterous if an artist can make that. By the way, that price you are having problem with is most likely a scalper price. Get a job that pays you more, then you can go like I do.
By the way, there is PLENTY of FREE live music available. | That was a strange post.
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11-12-2010, 09:58 PM
| | Fueled by chocolate | | Join Date: Jun 2008 Location: Montreal, Canada | | Quote:
Originally Posted by leigh22 That was a strange post. | Yeah. But hey, I hear they're just giving away "better paying" jobs these days!  |
11-12-2010, 10:03 PM
|  | Registered User | | Join Date: Jul 2006 Location: Columbus, Ohio | | Quote:
Originally Posted by Stick_Player
By the way, there is PLENTY of FREE live music available.
| Yep. Just look in your local news papers. I've seen some great shows here at some local jazz lounges and bars. Some were free, some were $5, and some were people I knew so I got in for free. The key is to know what's happening and where.
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Originally Posted by Roy Vogt So much gets said online that would never be said face to face. | |
11-12-2010, 10:06 PM
| | Registered User | | Join Date: Nov 2009 Location: Four Corners, USA | | Not really. Just responding to the whiner. |
11-12-2010, 10:06 PM
| | Registered User | | Join Date: Mar 2005 Location: Italy | | Quote:
Originally Posted by leigh22 That was a strange post. | ... just... ... ... yeah...
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11-13-2010, 10:50 AM
| | | Yes, that was a little bit condescending.
$350 is too much, sure. But the demand and demographics do determine the economics, unfortunately. We all know this. Sir Paul can charge what he wants, and conversely, we also have the right to be bummed about it. I'm bummed personally, because unlike homey with the high-paying job up above, I don't think I could justify that kind of expense, when I really should think about buying new clothes for my rapidly growing 5-year-old. Or a new pedal. 
Plenty of people on the last NIN tour were happy to pay up to and over $1K to come see our soundcheck, have dinner with us, do a meet & greet, etc. They were seeing the final tour, hanging out with us, and donating money to an important cause...and this you must trust: only the tiniest fraction of that ticket price went to us to cover our expenses. We made so much money for the Eric De La Cruz foundation, and are damn proud of it. Just an aside. The point being, when given the proper reason and/or driven by passion, people can do most anything and the money just "appears" in their wallets. Whether you're donating to a charity or seeing Sir Paul.
Live music in 2010 is not intrinsically an egalitarian thing, so do not fool yourself. This is not the 1500's, nor is this North Korea. Some people do this for profit (fully or partially), and, with demand, people will pay. Artists with populist tendencies will go above and beyond: keeping ticket prices low, play free shows, incentivizing for their hardcore fans, and all kinds of stuff. In my personal opinion, I believe that's important to do. A balance between populism and capitalism, I suppose, is how I would roll if I was in charge of my own band again.
Anyway, yes: overall, live music of different types reigns supreme for all economic strata, and that's important. And back on topic: when the dust settles, we'll see what happens with recorded media and delivery methods/models. Anyone's guess right now.
Best,
JMJ
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Jerose: "Don't forget LEDs!...you need enough to effectively render an assailant blind...once he's defeated you can reward yourself with Pez".
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11-13-2010, 11:22 AM
| | Registered User | | Join Date: Nov 2009 Location: Four Corners, USA | | Quote:
Yes, that was a little bit condescending.
... unlike homey with the high-paying job up above
| Now, now. It was meant to be condescending.
And just like your clients - "Plenty of people on the last NIN tour were happy to pay up to and over $1K to come see our soundcheck, have dinner with us, do a meet & greet, etc." - it was their choice.
Do I have a high-paying job? No. I just budget things well.
I have absolutely no problem with someone paying $1,000 to see a NIN soundcheck. I'm sure you observed that the "high dollar admission" kept the riff-raff out. 
And yes, I did see McCartney at the Hollywood Bowl this past April - but for only $200. Maybe I underpaid? |
11-13-2010, 11:10 PM
| | Registered User
Endorsing: Ampeg | | Join Date: Apr 2005 Location: Apopka, FL | | just remember when you bum out about prices to see paul mccartney, you can always see bowzer's rock and roll party shows for a reasonable price and the m&g is free
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