![]() |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NOTE: Make sure you 'enable images' to see this e-bulletin properly. WHAT IS THIS? You are receiving this e-bulletin because you are subscribed to the CMU Daily. Unsubscribe information is given at the bottom of this e-bulletin. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
![]() |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
![]() BUSINESS AFFAIRS ASSISTANT The ideal candidate will have a couple of years experience working in a busy office, be highly organised and in possession of first rate administrational skills. Your daily tasks will include tracking all agreements, issuing broadcast releases, licensing our repertoire out for compilations and looking after the label copy. The role offers an excellent introduction into the business aspect of the music industry. Applications: [email protected] -- PRESS OFFICER WANTED -- Advertise your jobs here: £100 for five editions - [email protected] |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
![]() |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
![]() 26 or younger and have never attended MIDEM? Grab your reduction now! Networking: Seek out key contacts and extend your professional network; make deals with your partners and identify new business opportunities. Educational content: access to the renowned MidemNet digital business conference at no extra cost; get concrete, practical knowledge and training from experts through workshops. Live concerts: hook up with partners and new contacts at the Opening and Closing Night Parties; discover new international artists with Talent showcases. MIDEM: the one stop destination for the world’s music community, 23-27 January 2010. Register now! Click here -- MIDEM 2010, Cannes: Intimate club venue available for hire in the Palais du Festival - to showcase your artists and bands. www.splashpromotions.co.uk - www.leylinepromotions.com -- SHOREDITCH OFFICE, 764 SQUARE FOOT (15-20 DESKS), £1000 PER MONTH -- Advertise your stuff here: £120 for five editions - [email protected] |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
![]() NOT MUCH JOY: THE TRICKY ISSUE OF MAJOR LABEL ROYALTY REPORTING First, the Recording Industry Association Of America are idiots, and many people equate the voice of the RIAA with the thinking of every record label boss in the world. Second, labels generally drive a very hard bargain when it comes to any artist's first record deal and most artists resent that fact for the rest of their careers. Third, most business partnerships come to an end, and many end acrimoniously, and when this happens to label/artist partnerships, the public only normally hear the artist's side. Fourth, record label execs sometimes screw up crucial albums - artistically or commercially - and destroy that artist's career. Fifth, record company execs don't get the internet. And sixth, despite nearly a century's worth of practice, and the invention of accountancy software, major record companies are notoriously bad at accounting for record sales to their artists. Given I was accused on a Times message board of sounding like I was being paid by the major record companies to do their PR last month (ha, I wish, cheques to the usual address major label people), let's defend the majors on each of those points, shall we? First, even the RIAA have stopped their self-harming 'sue-the-fans' strategy of coping with the internet, and the trade body never spoke for everyone in the industry anyway, not even everyone in the US majors. Second, of course labels drive a hard bargain when signing, and funding, an unknown band, they are taking quite a risk with quite a lot of money; in this context the accountants at the major labels are the bankers of the record industry, and all bankers are cunts, they just happen to be essential cunts. Third, some artists are dropped because, despite everyone's best efforts, the public just can't be persuaded to buy their music, which possibly wasn't as good as everyone initially thought anyway - and some artists are cunts too. Fourth, yes record label execs screw up albums, but there's many an album out there that has only succeeded because of the interference - creative or otherwise - of A&R or marketing execs at a label. Fifth, yes, we know, the major labels screwed up the internet monumentally at the start of the decade, but they're getting there, people. Slower than you'd all like, admittedly, but they will make it work, eventually. Probably by shunting most digital licensing over to the collecting societies. But what about point six? Even if we assume half the artists and managers who moan about royalty statements are in fact just depressed no one is buying their music, it does really seem that there are some major failings in the way some record companies inform their artist partners how much money their music has generated, especially in an era when surely a big chunk of that work could be automated, taking spreadsheets of stats straight from digital music sellers. All of which brings us to the blog of the week. Tim Quirk was the frontman of early nineties American alternative rockers Too Much Joy. This week he posted his latest Warner Music royalty statement on the internet, and then explained in a blog entry why what was written on it was so ridiculous. You should read the blog for yourself, but the basic gist is that until now Quirk has never seen any digital revenues on his royalty statement, because it's taken this long for Warner to start reporting such things. As the band's physical albums have been out of print for years, that means there have been few positive figures on his royalty statements for some time. The band weren't overly successful when working with Warner and never recouped (that is to say record sales never repaid the money Warner spent releasing their albums - in fact they have another $395,277.18 to go before recouping), so Quirk isn't pining after an actual royalty cheque, just accuracy for accuracy's sake. Which brings us to the latest royalty statement, which, after much badgering on Quirk's part, actually includes digital. And the document provided reckons that Quirk and his band have, until now, generated $62.47 in digital royalties. Meaning they are now a mere $395,214.71 from recouping! However, Quirk begs to differ with the digital figure. Firstly because, after parting company with Warner, the band self-released four albums, which are now distributed by indie distributor IODA. In the time covered by the Warner royalty statement those albums generated $12,000 in digital royalties. Given the earlier albums were actually more popular, you'd expect them to have generated at least similar digital revenues. Second, Quirk works for Real Network's Rhapsody - one of the big digital music players in the US - and so has access to stats for how many times his music has been streamed via that service and knowledge of what that would translate to in terms of royalty payments. Basically, this isn't the guy to send a made up royalty statement to. You can read the blog - which also offers some interesting insights into the efficiencies of Warner's reporting systems, and some equally interesting allegations about their priorities in this regard - at this URL: www.toomuchjoy.com/?p=1397.nyud.net Asked about why he decided to post his royalty statement, Quirk told Billboard: "The first [reason] was, I'm tired and frustrated from having to ask for something that's contractually obligated - accurate accounting. It was silly to me that I had to push so hard for something that should come naturally. And then when I got it, I was so underwhelmed and depressed. So, partly I'm trying to prod them into giving me what they're obligated to, which is a statement, not money. Just accurate accounting. Secondly, this is complicated stuff that most people don't have a lot of insight into and I figured being as transparent as possible would do some good". Warner declined to comment on the specifics of Quirk's allegations, but told Billboard: "Accurate accounting to our artists is a high priority for WMG. We take these issues seriously and Mr Quirk's implications to the contrary are flat-out wrong". Quirk subsequently revealed to the trade mag that a Warner exec had been in touch that told him "folks are running a special report [on your sales, and] I think some additional sales activity was located; trust you'll get something soon". Of course major record companies are sitting on vast catalogues of music, much of which was more or less dormant until the arrival of iTunes meant that, in theory, every record ever made could be on sale all the time. Reporting to the artists behind all those recordings on a regular basis is a big task. As with the way they licence their music to digital services, the majors are several years behind where they should be, but, they'd say, possibly correctly, they're getting there. But, if the majors are trying to reposition themselves as artist-services companies as well as creative investors and content owners, then surely this is an issue that really needs some serious thought and speedy resolution. Shouldn't some of those up-front payments paid to labels by the big digital operators - most of which will never be shared with artists - be used to step-up each label's accounting systems so to cope with the way music is bought in the digital era? And it's not as if any of this is rocket science. As Quirk concludes in his interview with Billboard: "One of the important things to me is that IODA can do this easily. IODA tells me exactly to the penny each month how much I've earned from multiple services. Whether its Rhapsody, Ecast, Verizon, Nokia - there's dozens. And if IODA can do it - clearly the problem isn't that Apple isn't reporting, because Apple is reporting to IODA, and IODA is reporting to me on Apple activity. Services, such as the one I work for, are reporting to thousands of labels. If the services are reporting to the labels, and other labels are reporting to their artists, there's no reason why a major can't report to all of their artists". -------------------------------------------------- PURE MINT BOSS RESIGNS BPI COMMITTEE OVER DIGITAL ECONOMY BILL He also expresses concerns regarding the reliability of the record industry's data on file-sharing activity, and questions whether the major record companies have been as quick to embrace new digital services as they claim, noting that as of last summer EMI was yet to provide its content to Beatport, despite it being an established market leader in dance music downloads. In his resignation letter, Hall notes: "At the turn of the 20th Century, when music publishers were faced with technological improvements impinging on their business models (eg pianolas and gramophones eating substantially into sheet music sales), they came up with mechanical licensing. They didn't seek to penalise those who had bought or used these 'new machines'. Perhaps we need to take a lesson from their book?" RONNIE WOOD ARRESTED FOR ASSAULT According to The Sun, Wood was arrested after he was seen pinning his girlfriend Ekaterina Ivanova to the pavement on the High Street in Claygate, Surrey. Celine Dixon, who lives nearby, told the paper: "We heard a woman screaming, then saw a man pinning her to the ground. He was shouting at her. Then we heard choking sounds, so my boyfriend rushed out to help. When he got outside he saw it was Ronnie and Ekaterina". Wood, of course, left his wife of 24 years, Jo, in 2008, following a high profile affair with 20 year old Ivanova. They officially divorced last month. According to reports, Ivanova has said that she does not what to press charges, but as other witnesses have alleged that the attack appeared to be a serious assault, Wood may still have to stand trial. He is due to appear in court again next month. -------------------------------------------------- PUMPKINS SETTLE The first lawsuit related to Virgin licensing Pumpkins tracks to a Pepsi promotion, something the band said the label was contractually obliged to first clear with them. The second lawsuit alleged Virgin and chief Pumpkin Billy Corgan had renegotiated a deal relating to the band's digital royalties, again something that should not have happened without Iha and Wretzky-Brown's approval. Legal man Josh Glotzer told reporters that a confidential out-of-court settlement had been reached regarding the Pepsi dispute, and that the royalties issue was close to being settled also. FOLK AWARD NOMS PUBLISHED Folk Singer Of The Year: Cara Dillon, Jackie Oates, Jon Boden, Martin Simpson. Best Duo: Belshazzar's Feast, Damien Barber & Mike Wilson, Megson, Show Of Hands. Best Group: Bellowhead, Lau, Mawkin:Causley, The Unthanks. Best Album: Here's The Tender Coming - The Unthanks, Hill Of Thieves - Cara Dillon, Hyperboreans - Jackie Oates, True Stories - Martin Simpson. Best Original Song: Arrogance Ignorance And Greed - Steve Knightley (Performed By Show Of Hands), Home Again - Martin Simpson, One Day - Martin Simpson/Martin Taylor (Performed By Martin Simpson), The Testimony Of Patience Kershaw - Frank Higgins (Performed By The Unthanks). Best Traditional Track: Cutty Wren - Mawkin:Causley, Sir Patrick Spens - Martin Simpson, Spencer The Rover - Cara Dillon, The Isle Of France - Jackie Oates. Horizon Award: Hannah James & Sam Sweeney, Katriona Gilmore & Jamie Roberts, Nancy Wallace, Sam Carter. Musician Of The Year: John Kirkpatrick, John Mccusker, Martin Simpson, Saul Rose. Best Live Act: Bellowhead, Edward Ii, Lau, The Bad Shepherds. *Colourful in the uncolourful sense of the word. ROBBIE DOING WELL IN EUROPE, BOYLE STILL BIG IN AMERICA Robbie's new long player, 'Reality Killed The Video Star' is still at the top of Billboard's Europe-wide charts, despite tough competition from the Michael Jackson 'This Is It' compilation and the arrival of that Susan Boyle character with 'I Dreamed A Dream' (no mention here for JLS, note). So, good news for Robbie and the spreadsheet minders at EMI. Though if Ms Boyle is wondering if that news means she should postpone her next haircut, I think its fair to say the pop world is still her oyster. Having broken all sorts of British chart records, the showtune warbler sold over 700,000 units to top the US albums chart this week. 'I Dreamed A Dream' is the fastest selling album of 2009 in the US, a title previously help by Eminem's 'The Relapse'. Some reckon that, with Christmas looming, Boyle could as yet take the 'best selling album of the year' title off Slim Shady, with 1.6 million units the target for that achievement. Who would have believed you if this time last year you'd said Eminem's much anticipated come back album would be outperformed by a previously unknown cat-loving 48 year old spinster from Scotland? Actually, in the era of Cowell, everyone would. -------------------------------------------------- LAST.FM LAUNCH 2009 COUNTDOWN WALSH TO MANAGE JEDWARD Unlike Simon Cowell, Walsh doesn't have any automatic rights to sign up finalists on the telly talent show. While Cowell's SyCo record company has first refusal on record deals, when it comes to post-show management, competitors are obligated to work with Modest Management. However, Walsh, who championed Jedward during their time on 'X-Factor', has persuaded Modest to let him guide the careers of the twins. He'll co-manage them with Ashley Tabor, who presumably has lots of time to spare time when he's not running the UK's biggest radio firm Global. Place you bets, how long till Jedward get the evening show on Capital FM? Confirming he would be managing the 'X-Factor' muppets (with apologies to any real Muppets reading the CMU Daily), Walsh told reporters: "Despite all the doubters, John & Edward proved themselves on 'X-Factor' and I've always been convinced that they have a great career ahead of them. I'm delighted that I'll be able to continue to work with the pair. We're looking into music as well as TV deals but at this stage it is too early to give any exact details". -------------------------------------------------- MARILYN MANSON DROPPED BY INTERSCOPE ARCADE FIRE SIX MONTHS INTO WORK ON THIRD ALBUM Dravs also produced Mumford & Sons' debut album, 'Sigh No More', and it was they who let the news slip during an interview with BBC 6music. Frontman Marcus Mumford told the station: "I don't know if I'm allowed to say this but yeah, [Dravs is] working on the next Arcade Fire record at the moment. There it is, dropped, 6music exclusive. I'm sure that's public knowledge, because he's been there for about six months". He added: "I keep asking Markus how it's going and he's like, 'Yeah, it's okay', and I'm like, 'What are the songs like?' And he goes, 'Better'". It's also rumoured that the album is set for a May release. And if you want the full set of rumours, Billboard are reporting that there'll be a single before the album is released, followed by a tour and some festival performances. But I would have thought that was obvious. KINKS FILM IN THE PIPELINE Temple told Screen Daily: "At the heart of it is the extraordinary love-hate relationship between these two brothers: love/hate, sibling rivalry is at the core. I think it's a very rich social, cultural nexus around The Kinks. Their story is the untold story of all those big bands of the 1960s". WILD BEASTS ANNOUNCE TOUR DATES Tour dates: 22 Dec: Kendal, Brewery Arts Centre -------------------------------------------------- ESBEN AND THE WITCH ANNOUNCE TOUR Tour dates: 16 Dec: London, Cargo KASABIAN TO HEADLINE T IN THE PARK Says the band's frontman, Tom Meighan: "T In The Park holds a special place in our hearts. We've always said how much we'd love to headline it and now we are. We can't wait, we're going to play a blinder and it's going to be massive for us and for the crowd". Top T type Geoff Ellis added: "I'm chuffed to bits that we can announce one of our headliners this early on. Kasabian blow me away every time I see them and they're going to be amazing headliners. We've had lots of fans tell us they want to see Kasabian headline T In The Park so it's great to be able to give them an early Christmas present!" A limited number of early bird tickets for T In The Park 2010 went on sale this morning. If I was the sort of person who wanted more information on that, I would probably go to www.tinthepark.com ------------------------------------------------- FIRST CAMP BESTIVAL ACTS ANNOUNCED Commenting on their inclusion on the line-up, Madness frontman Suggs said: "We love nothing more then a good old family knees up and if we get anywhere near the reception we got at Bestival in 2007 we'll feel like kings of Lulworth Castle". Camp Bestival will take place at Lulworth Castle in Dorset between 30 Jul and 1 Aug. More info at www.campbestival.net ------------------------------------------------- FATBOY SLIM ADDED TO SNOWBOMBING In a statement, he said: "After a little false start, here I come! I love a new experience and I'm eager for some high altitude raving! I only have one question - is there such a thing as non-alcoholic gluwein? Can we get some in for the igloo especially?" Also on the line-up are Editors, The Enemy, Doves, Friendly Fires Crookers, Skream and Cagedbaby. And it all takes place between 5-10 Apr in the Mayrhofen region of Austria. More info from www.snowbombing.com ------------------------------------------------- EXIT FESTIVAL 2010 DATES AND XMAS TICKET OFFER As the festival's size and reputation grow, the organisers have announced a slight price increase for the 2010 event. However, the first 1000 folks who get in quick and buy their tickets before 31 Dec will be able to get theirs for last year's price. That's £72 plus another £14 if you want to camp, compared to £85 plus £20. Slow coaches who don't get around to it until June will have to pay £99 plus £20. More info at www.exitfest.org ALBUM REVIEW: Britney Spears - The Singles Collection (Sony/Jive) After a decade in the biz, she's the releasing 'The Singles Collection', which boasts, well, exactly that: eighteen classic Britney tracks, thoughtfully compiled on compact disc for your listening pleasure. Some excellent, fine-tuned pop ('Stronger', 'Boys', 'Toxic', 'Piece of Me' and 'Circus') nestles amongst the dodgy mush we'd rather forget ('Born To Make You Happy', 'I'm Not A Girl, Not Yet a Woman' and 'Everytime'), but all-in-all, the singles compilation is a journey through a blossoming career in pop, and is the musical equivalent to a wine and cheese party. Cheers! TW Physical release: 23 Nov Buy from iTunes VIVENDI SELLS ITS 20% STAKE IN NBC UNIVERSAL Many expected Vivendi to sell all of the Universal businesses when the former water company spiralled into financial crisis in 2004. However, bosses held on to the firm's music business, while selling 80% of the rest of the Universal empire to General Electric, creating NBC Universal. Of course, even when all the Universal companies had common ownership they operated pretty autonomously, and since GE got majority ownership of NBC Universal, Vivendi have only had an equity rather than managerial interest. However, the completion of the corporate split between Universal Music and the other Universal companies is still a worth noting. Vivendi is selling its 20% in NBC Universal to GE, who are in turn selling 51% of the company to US cable giant Comcast. It means Vivendi's entertainment assets will now be the Universal Music Group, French TV channel Canal Plus and gaming giant Activision Blizzard. Aside from bringing in some cash, Vivendi have bailed out of NBC Universal in a bid to be in a position where it has majority ownership and therefore control of all its assets. The company's top man Jean-Bernard Levy said this week: "We are now opening a new chapter in the group's history. Once this agreement is completed, Vivendi will have exclusive control of all its assets. More coherent, and more focused on rapidly growing countries, with a stronger presence in communications and entertainment businesses that it has managed for many years, Vivendi is determined, at the start of the new decade, to pursue its profitable growth strategy". VEVO TO LAUNCH NEXT WEEK Meanwhile a deal has been done with CBS Interactive, which will bring in content from the CBS Radio group in the US and Last.fm, including live sessions, artist interviews, behind the scenes footage and recordings of future CBS-sponsored events in the US. I assume the CBS content is video rather than just audio, but that's not 100% clear. -------------------------------------------------- NEW DOWNLOAD PRICE COMPARISON SITE LAUNCHES The site searches over nine million tracks from the likes of iTunes, Amazon MP3, TuneTribe, Orange, Play.com, 7digital, HMV, We7, and Tesco. Most price differences are a few quid (for albums), though on some releases there is a £10+ difference depending on which service you use. From a quick play, the general message seems to be that when it comes to pop releases you are probably onto a winner downloading it from the Tesco website, which we could probably have predicted. However, for more alternative releases it could well be worth checking this site out. It's at www.tunechecker.com MORE LAMBERT Glambert has revealed he has now had bookings cancelled on the network's 'Jimmy Kimmel Live' and New Year's Eve show, neither of which are aimed at the kids (the former being the show that gave us 'I'm Fucking Matt Damon', remember). Confirming the cancellations but assuring fans that he'd find alternative bookings - he's due to play NBC's 'Jay Leno Show' - Lambert tweeted this week: "Don't blame them. It's the FCC heat". US commentators are wondering whether the controversy around his AMA gig will help Lambert shirk the cheese tag that comes with being a finalist on the 'Idol' show, or whether it will back fire, denying him exposure to the cheese fans that many 'Idol' artists rely on for record sales. -------------------------------------------------- LIAM PROFESSES LOVE FOR NOEL Speaking at the launch of his Pretty Green clothing line at the Manchester branch of Selfridges on Wednesday, he said: "He's doing his thing, we're doing our thing, I wish him all the best. I don't wish him any bad, I'm his brother. I love him to death. Good luck mate - see you in the next world. Don't be late!" As for the previously reported possibility that Oasis may continue without Noel, rather than changing their name, he explained: "We're sorta going through the mill of getting a new name, nothing's sticking, so we've drawn the line on the names at the moment. People are still gonna go, 'It's still Oasis, but it's not Oasis without Noel' - life's too short to be arsing about with what people think and that. We'll see what happens, we're concentrating on the music at the moment". |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SUBSCRIPTIONS>> CMU Daily is a free daily e-bulletin for people working in the music industry and music media, delivered direct to your PC each morning. If you want to stop receiving this e-bulletin click the 'unsubscribe' button below and follow the instructions. If any of your colleagues want to receive the CMU Daily tell them to email their name, company, job title and email to [email protected]. If you would like to recieve the CMU Daily as a text email, send a blank email from the email address you are registered at to [email protected]. MEDIA PEOPLE>> If you are looking for an independent quote on anything to do with the music business, or you need someone to come on your TV or radio show and talk music business, then we can help. There's nothing we don't know about. Email requests to [email protected] or call 020 7099 9050. CMU is published by and (c) UnLimited Media - www.unlimitedmedia.co.uk Send news stories to [email protected]. If we don't respond directly, we do apologise, only we get sent hundreds of emails a day and don't have time to respond to every one of them. However we do check every email sent to the musicnews email address, and do pull out stories that we feel are relevant to our readers. Send CDs for review to CMU, UnLimited Media, 221-222 Shoreditch High Street, London, E1 6PJ. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||