« October 2009 |
| December 2009 »
Posted at 12:10 PM in Music Business | Permalink
The Beatles. History
In May of 2007, I wrote a post about the wacky world of record company royalty recoupment.
This week (Nov.-2009) - I received another royalty statement.
Wow!...we've gone backwards!
In May 2007, we were unrecouped to Warner Brothers to the tune of $174,073.84
Now...our balance is up to $174,717.56!
Talk about "pushing forward back!".
How is this possible?
Even as a veteran record company exec...I thought I'd seen it all!
This is a phenomenon that is both sad and laughable.
Warner Bros. still makes money off our back catalog...but yet finds ways to implement "creative accounting" to send us backwards.
...And people wonder why the record business is in the swirling vortex of despair.
The accountants are desperately trying to administer CPR to an industry that has breathed it's last...(insert Dixieland funeral dirge here)
Am I bitter?
Am I mad?
Heck, no! These are unsecured loans!
While the record company may be re-collecting their money at usurious rates...
...it's like squeezing blood from a stone!
Record companies recoup their money off album sales...not us personally.
There was lot that I didn't like about the record business of old...may she rest in peace.
But there was a lot I did...and this is one of them.
I could say that we were were overbilled and ripped off!
But I prefer another word for us...
(...to be continued)
Posted at 08:22 PM in Music Business | Permalink
Guardian, Record Business. Music Business, Record Royalties, Recoupment, Royalties, Warner Bros., Warner/Curb, Word Entertainment
Is John Elefante an e-junkie?
No...but he has a great new album out!
You can check it out at his new website here!
I don't claim to be a great web designer but Jamie Rowe and I had fun building it!
And...one of the coolest new tools for musicians is E-junkie!
So what is E-junkie?
E-junkie is an e-commerce solution that lets musicians sell their music digitally...direct from their own websites.
Yes...you can have your own little iTunes...right on your website or blog!
And you keep all the money!
It's a great tool and easy to use.
Check out E-junkie here!
Guardian uses it and now so does John Elefante.
I've become quite handy with e-junkie so I am happy to answer any questions about it or assist anyone with implementation.
Posted at 07:38 PM | Permalink
digital downloads, E-junkie, Guardian, iTunes, Jamie Rowe, John Elefante
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