<![CDATA[Idolator: Biz]]> http://cache.gawker.com/assets/base/img/thumbs140x140/idolator.com.png <![CDATA[Idolator: Biz]]> http://idolator.com/tag/biz http://idolator.com/tag/biz <![CDATA[Record Companies Squeeze Blood From Stones They Already Own]]> By now even your grandparents know that a guy selling pencils in a tin cup is going to have better luck moving units than a major label selling CDs these days. So the big boys—including Universal, Warner, EMI, and others—have perhaps inevitably begun hoovering up management and promotional properties, finding new ways to shake loose change from the pockets of the artists they've already groomed. Hoping to shovel money at a potentially good idea for a change, many have made substantial investments:

Warner Music said it had invested around $110 million to increase its stake in artist management company Front Line Management, whose clients include Jimmy Buffet, Neil Diamond and Christina Aguilera.

"While the overall music business, including management, touring, sponsorship, merchandising ..., is growing, the recording business at present is not," Bronfman said.

EMI has invested almost as much in a British management firm, and Warner recently hooked up with rap management powerhouse Violator for merchandising deals. Still, as analysts have pointed out, it's hard to imagine anyone but the most naive or desperate thinking that a major label has its best business interests at heart, allowing it to have even partial control of management decisions regarding non-CD revenue in an era where everything other than recorded music is where you make your rent money. Meanwhile journalists and promoters can look forward to even bigger headaches when dealing with major label artists' always approachable publicists and managers.

Music Companies Seek New Money In Old Partners [Yahoo via Reuters]

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http://idolator.com/tunes/adventures-in-indentured-servitude/record-companies-squeeze-blood-from-stones-they-already-own-287375.php http://idolator.com/tunes/adventures-in-indentured-servitude/record-companies-squeeze-blood-from-stones-they-already-own-287375.php Wed, 08 Aug 2007 14:05:30 EDT jharv http://idolator.com/index.php?op=postcommentfeed&postId=287375&view=rss&microfeed=true
<![CDATA[Indie Labels Try To Challenge Early Leakers]]> Today's Chicago Tribune takes a look at the efforts being taken by indie labels to maintain sales in this time of early leaks and .zip-happy fans. As an incentive to fans who aren't really into the whole "paying for music" deal, two of this summer's (relatively) biggest releases—the New Pornographers' Challengers and Spoon's Ga Ga Ga Ga Ga—are being gussied up with extensive add-on tracks and/or packaging, and the New Pornos' approach is particularly ambitious: Matador is offering an "executive edition" box set that comes with 4,124 additional songs (approximately), and the label has set some high SoundScan expectations for the record:

..,The promotion for the "Challengers" album is the most aggressive the label has offered to date. Matador hopes to sell 250,000 copies of the album, which [Patrick Amory, Matador's general manager] called a "very good" figure for an indie label. The group's 2005 release, "Twin Cinema," sold 160,000 copies.



So far, it has been effective. More than 1,000 people have prepaid for the executive package of "Challengers," Amory said.

A quarter of a million may seem like an awfully lofty goal, but it could happen, especially since the Pornos appeal to just the sort of music nerds who would want to hear as many alternate takes as possible. That said, the group's name still makes our parents very, very uncomfortable, so that demo may be lost to them forever.

Pumping up promotions [Chicago Tribune]

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http://idolator.com/tunes/biz/indie-labels-try-to-challenge-early-leakers-270586.php http://idolator.com/tunes/biz/indie-labels-try-to-challenge-early-leakers-270586.php Wed, 20 Jun 2007 11:51:26 EDT Brian Raftery http://idolator.com/index.php?op=postcommentfeed&postId=270586&view=rss&microfeed=true
<![CDATA[Music-Licensing Deal Could Be Good News For Musicians, Pornographers]]> Today's Wall Street Journal notes that Getty Images—the very same photography service responsible for some of this site's hee-larious, not-at-all-desperate caption write-ups—will acquire Pump Audio, Inc., a music-licensing company that works with artists who eschew standard publishing deals. One such artist is Chris Ballew, a.k.a. the bald dude from Presidents Of The United States Of America:

Pump splits the licensing fees evenly with its artists. Mr. Ballew's arrangement with Pump earns him anywhere from $8,000 to $40,000 every six months, representing about 25% of his income. It's a far cry from the world of pop radio and sold-out tours. The songs Mr. Ballew writes for Pump are often much shorter than traditional pop songs, and have goofy names like "You Broke My Monkey" and "Pink Passenger."

"A lot of my early uses were in pornography," Mr. Ballew says with a chuckle.

Other notable Pump clients include the Food Network and MTV, the latter of which also technically counts as pornography nowadays. The deal is for an estimated $42 million, and we're assuming Getty is hoping that the combination of resources will be appeal to content-needy advertising agencies and TV producers, but we think they're really thinking of the legions of kids who have discovered artful new ways to combine music and photography.

Getty Is Primed To Acquire Pump [WSJ]

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http://idolator.com/tunes/biz/music+licensing-deal-could-be-good-news-for-musicians-pornographers-270489.php http://idolator.com/tunes/biz/music+licensing-deal-could-be-good-news-for-musicians-pornographers-270489.php Wed, 20 Jun 2007 08:47:24 EDT Brian Raftery http://idolator.com/index.php?op=postcommentfeed&postId=270489&view=rss&microfeed=true