«I basically replaced all my vinyl records and cassette tapes with CDs, and then replaced all our VHS tapes and laserdiscs with DVDs. The record companies and studios would have laughed if somebody said, "This is just an upgrade. I should be able to turn in my vinyl and cassettes for CDs and my videotapes for DVDs, for no more than the actual cost of production." Ha ha ha ha ha.»
Great Article (Score:2)
Thanks for postingthe link.
--David
The grateful dead? (Score:2)
Erm... I think someone ought to point out that Eva Cassidy's corpse does not do gigs. Although her spirit might. She died 7 years ago!
Overall a good article, bu
Re:The grateful dead? (Score:2)
You're forgetting the part where many artists are required to pay for their own recording, and even promotion, out of their royalties, so they end up owning the record company money.
Re:The grateful dead? (Score:2)
Many bands are sensible enough to only take an advance that can cover the recording, etc. That way they can reap the benefits quicker, and the record companies are more likely to keep them on as they get a quicker return on their investment. Some record companies factor in the recording costs into their own accounts, especially ones that have their own studios, others pass the burden onto the artists.
It's ra