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Born to Run to the Bank

Make whatever art you want, encourage your fellow artists to make art that is true to themselves. That's the long and short of it as far as I'm concerned.

Sure if your doing it for fun or personal relaxation.

But if you're trying to do it for money, you will want to be able to connect with your crowd. I know a guy who is an excellent guitarist, and the stuff he plays is so complicated and beautiful. However, it is complicated enough that only musicians appreciate it. Do a slow blues shuffle and it appeals to a wider audience. Really I'm talking about a marketing function. Don't cut off part of your market.
 
Sure if your doing it for fun or personal relaxation.

But if you're trying to do it for money, you will want to be able to connect with your crowd. I know a guy who is an excellent guitarist, and the stuff he plays is so complicated and beautiful. However, it is complicated enough that only musicians appreciate it. Do a slow blues shuffle and it appeals to a wider audience. Really I'm talking about a marketing function. Don't cut off part of your market.

Well, therein lies where we're talking past each other. All good.
 
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They are past their prime and probably don't make that much money anymore.

It was the thing to do I think or not... He won't see a dime for his music anymore. If the big compagny amkes some nice advertising or a song blowup on Tiktok or whatever ... he won't see a dime of it.


And to preserve his legacy ? nah man, it is all about money. They don't care if it is art or if it means anything as long as it is worth some money
 
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Smart move. Top artists are doing this now because:
1. No revenue from cd/lp/cassette sales any more;
2. Money from streaming is a joke:
3. Enormous cash gain makes estate easier to manage;
4. Artists only make real money from touring and we're talking about folks in their 70's and 80's (Dylan, Simon, Neil) who may not want to be out on the road like the old days;
5. Change in tax law will see huge hit on capital gains applicable to big money sales;
6. Folks are tired of the business aspect of the industry and selling off gets them out of it.

Probably more reasons but not hard to understand at all.
You make it sound like the catalog is worthless. No money from streaming? That’s BS. If there was no potential revenue from owning the rights to this catalog of music then who would be stupid enough to pay 500 million for it?
 
You make it sound like the catalog is worthless. No money from streaming? That’s BS. If there was no potential revenue from owning the rights to this catalog of music then who would be stupid enough to pay 500 million for it?

He’s old. Maybe he did the math and decided he wouldn’t make close to that before he croaks, and he didn’t want to saddle his family with the responsibility of managing his catalogue. It makes sense. He gets a huge financial windfall which will support generations of his family.
 
Its his money.

There was a great music producer and guitarist in Nashville named Chet Atkins who oversaw RCA's musical operations for many years (57 to 73 I think).. He was one of the founders of the "Nashville Sound". of the late 50's and 60's. A lot of famous music performers did not like the productiona and moved on to form "Outlaw Country" and Nashville really opened up to a broader range of musical styles.

How did this relate to Bruce Springsteen.

Chet was a pretty good judge of talent in his own way. IF you wanted to get him started, just mention Bruce.
It s actually in writing where Chet called him a fraud.

Was Chet right?