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#541971 - 06/24/08 02:22 PM EMI peeps leavin' the building?
Hairbland
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Sources say 10 and counting at Blue Note Group today, Capitol and Virgin tomorrow.
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#542007 - 06/24/08 03:12 PM Re: EMI peeps leavin' the building? [Re: Hairbland]
hankiam
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 Originally Posted By: Hairbland
Sources say 10 and counting at Blue Note Group today, Capitol and Virgin tomorrow.


Ten at Blue Note!? How many does that leave?
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#542012 - 06/24/08 03:18 PM Re: EMI peeps leavin' the building? [Re: hankiam]
Hairbland
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 Originally Posted By: hankiam
 Originally Posted By: Hairbland
Sources say 10 and counting at Blue Note Group today, Capitol and Virgin tomorrow.


Ten at Blue Note!? How many does that leave?


Good question. The 10 are NYC only, some in LA also. Angel, Manhattan, others fall under BN umbrella. I'd say this is over 25% let go.

Keep in mind GRP merged with Verve, then eventually both disappeared.

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#542016 - 06/24/08 03:23 PM Re: EMI peeps leavin' the building? [Re: Hairbland]
JGFlash Administrator
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These lay offs have been expected.
Just last week in another thread people were saying that
EMI shouldn't have waited so long to lay people off.

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#542044 - 06/24/08 03:52 PM Re: EMI peeps leavin' the building? [Re: JGFlash]
cinnamon1
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Today's a great day to download the CD "How To Dismantle An Atomic Bomb" by U2 Heck, why not even go out and actually buy the CD. Show them that CD's still sell. DOUBT U2 need any more money and that any proceeds will go to Africa (where people really need it).

"Vertigo." What a great song.


Edited by cinnamon1 (06/24/08 03:55 PM)

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#542077 - 06/24/08 04:38 PM Re: EMI peeps leavin' the building? [Re: cinnamon1]
jmassif
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Yeah, because buying Interscope/UMG stuff is really gonna help EMI staffers getting the axe.
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#542084 - 06/24/08 04:44 PM Re: EMI peeps leavin' the building? [Re: jmassif]
cinnamon1
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the damage is already done.
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#542088 - 06/24/08 04:52 PM Re: EMI peeps leavin' the building? [Re: JGFlash]
nycbiscuit
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I was under the impression that the timing of the layoffs had more to do with regulatory matters (because of the numbers involved). The WARN act here in the U.S. is 60 days, and I think it may be longer in the UK/EU (?)
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#542116 - 06/24/08 05:35 PM Re: EMI peeps leavin' the building? [Re: Hairbland]
bronx58
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My heart breaks for my pals at Blue Note. They're some of finest people in the business, and this totally sucks.

As for Verve, we haven't disappeared. We're still here, though we're a lot smaller than we were, but we're still an autonomous label with our own A&R, promotion, publicity and marketing departments. We report to UME and we utilize their sales force, but they've been completely supportive of everything we do. All things considered, we've been very fortunate.

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#542130 - 06/24/08 05:49 PM Re: EMI peeps leavin' the building? [Re: bronx58]
teverett
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Could you explain the logic behind that new Teddy Thompson album with no liner notes, virtually illegible type, and a note that the credits (musicians, etc.) can be found on a website?

Or: what's the exact opposite of "user-friendly"?

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#542137 - 06/24/08 05:57 PM Re: EMI peeps leavin' the building? [Re: teverett]
WNY123
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and a website where you CANNOT turn off the music...

that being said, I do like the album...

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#542145 - 06/24/08 06:05 PM Re: EMI peeps leavin' the building? [Re: JGFlash]
Hairbland
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 Originally Posted By: JGFlash
These lay offs have been expected.
Just last week in another thread people were saying that
EMI shouldn't have waited so long to lay people off.



Yes, but now the hypothetical is becoming reality.

Of course, as someone laid off by EMI in 1997, one could argue that for EMI the last 10 years are much like Groundhog Day.

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#542148 - 06/24/08 06:06 PM Re: EMI peeps leavin' the building? [Re: Hairbland]
johnnyboy
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Anyone know any specific names?

I also hear some losses at Strategic Marketing.
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#542149 - 06/24/08 06:08 PM Re: EMI peeps leavin' the building? [Re: teverett]
Hairbland
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 Originally Posted By: teverett
Could you explain the logic behind that new Teddy Thompson album with no liner notes, virtually illegible type, and a note that the credits (musicians, etc.) can be found on a website?

Or: what's the exact opposite of "user-friendly"?



The Verve art department - critically acclaimed, Grammy nominated and Grammy winning, was eliminated in 1999 as part of the Polygram/UMGD merger. It has been outsourced since.

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#542162 - 06/24/08 06:16 PM Re: EMI peeps leavin' the building? [Re: Hairbland]
quadguy1
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Before the "jazz" labels (Verve, Blue Note) became catchalls for catalog "real" jazz, modern jazz, and modern MOR/JOR/JOP/etc., they could be run as self-sustaining modest sized operations. Unfortunately, with a few surprise pop megahits under their belts (Norah Jones, etc), they were suddenly looked at--and staffed at--tentpole profit center levels. That's a big problem.

The bigger problem is that labels operate on a baby and bathwater basis: If they can't sustain Jones numbers, then the whole operation is broken and should be dismantled.

The irony is that jazz, particularly catalog jazz, is one of few areas that is pretty much download proof (older demographic with money and who want physical product and liner notes). Operate those jazz operations with an ounce of common sense and you should be one of the few reliable sources of sales and profits, even in this declining physical product market.


Edited by quadguy1 (06/24/08 06:17 PM)

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#542175 - 06/24/08 06:31 PM Re: EMI peeps leavin' the building? [Re: quadguy1]
Hairbland
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 Originally Posted By: quadguy1
Before the "jazz" labels (Verve, Blue Note) became catchalls for catalog "real" jazz, modern jazz, and modern MOR/JOR/JOP/etc., they could be run as self-sustaining modest sized operations. Unfortunately, with a few surprise pop megahits under their belts (Norah Jones, etc), they were suddenly looked at--and staffed at--tentpole profit center levels. That's a big problem.

The bigger problem is that labels operate on a baby and bathwater basis: If they can't sustain Jones numbers, then the whole operation is broken and should be dismantled.

The irony is that jazz, particularly catalog jazz, is one of few areas that is pretty much download proof (older demographic with money and who want physical product and liner notes). Operate those jazz operations with an ounce of common sense and you should be one of the few reliable sources of sales and profits, even in this declining physical product market.



Tower Records closing hurt these departments. In many cases Tower was 30-40% of Jazz, World, Classical, etc. These departments were forced to find the Norah / Diane type stuff or these layoffs would have happened years ago.

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#542179 - 06/24/08 06:34 PM Re: EMI peeps leavin' the building? [Re: Hairbland]
BLondon
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Caroline's been hit, too. Most of the staff has been let go.

The bars of NYC will be overflowing with former EMI staffers tonight.

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#542184 - 06/24/08 06:37 PM Re: EMI peeps leavin' the building? [Re: Hairbland]
nycbiscuit
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Exactly! And with Borders/BN closing stores/depts, there's hardly any more b&m stores that carry jazz. Well, I mean, you can always buy into TWEC, but that doesn't leave you relatively profitable.
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#542199 - 06/24/08 06:56 PM Re: EMI peeps leavin' the building? [Re: teverett]
bronx58
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 Originally Posted By: teverett
Could you explain the logic behind that new Teddy Thompson album with no liner notes, virtually illegible type, and a note that the credits (musicians, etc.) can be found on a website?

Or: what's the exact opposite of "user-friendly"?



Sure, I can: it's called deferring to an artist who wants complete creative control over his imaging and packaging. Hollis King, the award-winning head of our art department (who's still here) let Teddy do what he wished as he was very adamant about his vision for this record. I may not agree with it, but I'm just the publicist and I don't get a vote in these matters.

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#542207 - 06/24/08 07:10 PM Re: EMI peeps leavin' the building? [Re: bronx58]
johnnyboy
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So back at the topic at hand, folks. (I'm sure we'd all like to see a better cover on the fucking Teddy Thompson record, but several people lost their fucking jobs today!)

I understand that Tom Evered, Evan Adler, Josh Gold, Sharon Russell and several others are leaving. Possibly the in-house designers, field sales staff as well.

Very, very sad. However, with Bruce, Zach, and A&R safe it seems that they're going to be moving forward as a fairly complete operation, which is a relief given the state of the biz.
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#542219 - 06/24/08 07:33 PM Re: EMI peeps leavin' the building? [Re: johnnyboy]
bronx58
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You're absolutely right, and we should stick with the important stuff. Does anyone know for sure if Cem Kurosman, JR Rich and Perry Greenfield are ok or not?
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#542223 - 06/24/08 07:35 PM Re: EMI peeps leavin' the building? [Re: bronx58]
shinebox
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What is the story on the Al Green record? Is it doing well?
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#542228 - 06/24/08 07:38 PM Re: EMI peeps leavin' the building? [Re: bronx58]
teverett
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 Originally Posted By: bronx58
 Originally Posted By: teverett
Could you explain the logic behind that new Teddy Thompson album with no liner notes, virtually illegible type, and a note that the credits (musicians, etc.) can be found on a website?

Or: what's the exact opposite of "user-friendly"?



Sure, I can: it's called deferring to an artist who wants complete creative control over his imaging and packaging. Hollis King, the award-winning head of our art department (who's still here) let Teddy do what he wished as he was very adamant about his vision for this record. I may not agree with it, but I'm just the publicist and I don't get a vote in these matters.


Thanks for the response; believe me, I understand.

Please feel free to inform Teddy of the objection from this quarter. I doubt that very many people will see the album and think "My, how clever."

My own response: "If he doesn't care, why on earth should I or anyone else."


Edited by teverett (06/24/08 07:39 PM)

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#542232 - 06/24/08 07:40 PM Re: EMI peeps leavin' the building? [Re: teverett]
Guymandude
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I just don't have much to add or say other than I feel badly for those losing their gigs.

Sad.

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#542234 - 06/24/08 07:49 PM Re: EMI peeps leavin' the building? [Re: teverett]
Hairbland
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 Originally Posted By: teverett
[quote=bronx58 Sure, I can: it's called deferring to an artist who wants complete creative control over his imaging and packaging. Hollis King, the award-winning head of our art department (who's still here) let Teddy do what he wished as he was very adamant about his vision for this record. I may not agree with it, but I'm just the publicist and I don't get a vote in these matters.


Thanks for the response; believe me, I understand.

Please feel free to inform Teddy of the objection from this quarter. I doubt that very many people will see the album and think "My, how clever."

My own response: "If he doesn't care, why on earth should I or anyone else." [/quote]

Actually Hollis as Head of Art Dept (and maybe THE art department) has a reputation as an administrator. That's what he was at GRP...no staff. Farmed everything out, processed the bills. Artists don't trust this level of interaction, thus your result. Freelancers could give a shit.

Al Green has scanned 19,000 so far.

But this about EMI, not Verve.

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#542238 - 06/24/08 08:02 PM Re: EMI peeps leavin' the building? [Re: Hairbland]
teverett
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 Originally Posted By: Hairbland

But this about EMI, not Verve.


Absolutely. My sympathies to all the casualties. I've been there; it's no fun. What it is, is a good way to find out who your friends are -- not just those who point you to work, but those who'll even return your calls.

I'm starting a new thread on Teddy.

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#542243 - 06/24/08 08:10 PM Re: EMI peeps leavin' the building? [Re: Hairbland]
musichound
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 Originally Posted By: Hairbland
Actually Hollis as Head of Art Dept (and maybe THE art department) has a reputation as an administrator. That's what he was at GRP...no staff. Farmed everything out, processed the bills.


Hollis is a prince and a great creative. He got his gig by having much better ideas than the woman who (briefly) headed up the department when he came there. He's artist-friendly AND a talent. He became an administrator when his department was gutted from under him.

Sympathies to everyone looking for a job today.
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#542246 - 06/24/08 08:14 PM Re: EMI peeps leavin' the building? [Re: musichound]
johnnyboy
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Also, the amazing Eli Okun is leaving along with some others in Strategic Mkty.
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#542247 - 06/24/08 08:14 PM Re: EMI peeps leavin' the building? [Re: musichound]
teverett
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Moving thie over to the echo chamber thread -- sorry!

Edited by teverett (06/24/08 08:55 PM)

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#542248 - 06/24/08 08:16 PM Re: EMI peeps leavin' the building? [Re: teverett]
johnnyboy
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Just heard that David Pak has left Caroline. Any other news from there?
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#542255 - 06/24/08 08:33 PM Re: EMI peeps leavin' the building? [Re: johnnyboy]
BLondon
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 Originally Posted By: johnnyboy
Just heard that David Pak has left Caroline. Any other news from there?


To say that he "left" is to imply it was of his own free will. Let's call it what it is - a layoff.

That said, I hear that Frank Toro, Dave Kerr and Chad Tait were also let go. I'm sure there were more but I haven't heard any names.

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#542300 - 06/24/08 11:18 PM Re: EMI peeps leavin' the building? [Re: Hairbland]
Paul
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Who's out?
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#542325 - 06/25/08 12:18 AM Re: EMI peeps leavin' the building? [Re: Paul]
Joda
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 Originally Posted By: Paul
Who's out?


The folks down the hall. Did you take a look before you left the office?

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#542368 - 06/25/08 02:36 AM Re: EMI peeps leavin' the building? [Re: Paul]
Einn
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EMI Cuts Hit Capitol Nashville

June 24, 2008

By Ken Tucker, Nashville

Capitol Records Nashville VP of A&R Larry Willoughby and VP of sales Bill Kennedy are among those who have exited the company as part of parent EMI's previously announced worldwide restructuring of its recorded music division.

EMI had no official comment on the cuts, but it's expected that these will be among the last since the company previously announced that all restructuring would be finalized by the end of June.

Denise Arguijo, a production manager has also reportedly exited the Nashville division.

As previously reported, EMI is making decisive moves toward a radically centralized management structure built around function and region, rather than by label. To execute these plans, EMI chairman Guy Hands has assigned EMI veterans to new responsibilities, poached top-flight executives from rival labels and recruited fresh talent from outside the music business.

As part of that process, the imminent departure of Capitol Music Group chairman/CEO Jason Flom and the expected reassignment of Blue Note Records president Bruce Lundvall to new duties will allow for the dismantling of the Capitol group and Blue Note into one front-line label group housing multiple imprints organized around job functions.

While the new U.S. structure has begun to take shape with key appointments to some executives -- and winks to others, letting them know they have a place in the future -- most of the heavy lifting, including layoffs, is expected to take place before the end of June, when Capitol Music president Lee Trink will leave his post.

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#542392 - 06/25/08 05:42 AM Re: EMI peeps leavin' the building? [Re: Paul]
DieterK
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Mike Clasper is out, too.

From the FT:

A person close to Terra Firma on Tuesday played down Mr Claspers departure, arguing he was one of many people appointed by Terra Firma to work at EMI and pointing out that when the prime minister calls, you cannot say No easily.
The insider added that Mr Clasper had recently been moved sideways within EMI to deputy chairman of operations, giving him a broader role. Much of the restructuring has been done, in terms of job cuts, said the individual.
Just as it is too early to judge whether Mr Clasper and the other advisers and operational managers Terra Firma brought in at EMI will turn it round, there is widespread disagreement about his record at BAA.
At the time, most observers felt he did a good job, securing a higher price for shareholders and helping to consolidate the company around its core airport, retailing and property operations while strengthening its management team. However, this years botched opening of Heathrows showcase Terminal 5 and the earlier disruption caused by new security measures at UK airports have exposed operational shortcomings at BAA and led some to question his record at the company.

http://www.ft.com/cms/s/0/386fd8e4-420b-11dd-a5e8-0000779fd2ac.html?nclick_check=1

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#542418 - 06/25/08 11:01 AM Re: EMI peeps leavin' the building? [Re: Joda]
Paul
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I left my office for the last time in January '07.
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#543075 - 06/26/08 06:23 PM Re: EMI peeps leavin' the building? [Re: Paul]
toriroxme
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I was right behind you.
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#543088 - 06/26/08 06:37 PM Re: EMI peeps leavin' the building? [Re: bronx58]
HeyDave
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 Originally Posted By: bronx58
My heart breaks for my pals at Blue Note. They're some of finest people in the business, and this totally sucks.

As for Verve, we haven't disappeared. We're still here, though we're a lot smaller than we were, but we're still an autonomous label with our own A&R, promotion, publicity and marketing departments. We report to UME and we utilize their sales force, but they've been completely supportive of everything we do. All things considered, we've been very fortunate.


And doing pretty well, at least from the outside. Herbie wins Album of the Year, Ledisi hanging around the bottom of the charts for months, a great signing in Melody Gardot...and probably more that I'm just forgetting. It was awful when all those people got canned last year but I bet the P&L is looking pretty decent.

And even though I tastelessly and flippantly predicted BN layoffs last week on another thread (sorry about that), I wasn't expecting it to be as bad as it's been reported. Sad.

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#543157 - 06/26/08 08:15 PM Re: EMI peeps leavin' the building? [Re: HeyDave]
johnnyboy
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 Originally Posted By: HeyDave


And doing pretty well, at least from the outside. Herbie wins Album of the Year, Ledisi hanging around the bottom of the charts for months, a great signing in Melody Gardot...and probably more that I'm just forgetting. It was awful when all those people got canned last year but I bet the P&L is looking pretty decent.

Sorry, y'all, but considering what the Herbie album probably cost to make and market, it's most likely not even profitable. Same with Ledisi. How can anyone think that Verve's front line is profitable on an artist P&L basis, and how could they POSSIBLY be generating enough to cover overhead?

Unless you're really, really smart about it, in jazz:
Current artists = loss
New catalog = break even
Existing catalog = make a couple of bucks (but you don't need staff)

Thankfully, the folks at Blue Note have been really smart, and are set up to hopefully thrive in the new structure.
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#543175 - 06/26/08 08:58 PM Re: EMI peeps leavin' the building? [Re: Hairbland]
flagshiprecs
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 Originally Posted By: Hairbland
Al Green has scanned 19,000 so far.

But this about EMI, not Verve.



The Al Green record that was in question ("Lay It Down") is on Blue Note, came out 4 weeks ago to a scan of over 33,000, and is currently over 76,000. Excellent record!

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#543180 - 06/26/08 09:05 PM Re: EMI peeps leavin' the building? [Re: johnnyboy]
HeyDave
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 Originally Posted By: johnnyboy
...how could they POSSIBLY be generating enough to cover overhead?


Umm...have really low overhead after firing 90% of the staff? And the most commercial catalog in jazz?

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#543184 - 06/26/08 09:25 PM Re: EMI peeps leavin' the building? [Re: HeyDave]
watersgilmour
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UMM Ledisi is on Verve, not blue note people.
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#543241 - 06/27/08 12:44 AM Re: EMI peeps leavin' the building? [Re: HeyDave]
johnnyboy
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 Originally Posted By: HeyDave
 Originally Posted By: johnnyboy
...how could they POSSIBLY be generating enough to cover overhead?


Umm...have really low overhead after firing 90% of the staff? And the most commercial catalog in jazz?


My point was that WITHOUT catalog they're (or should I say "you're") losing money, so why make new records? I would bet that without catalog Blue Note lost money this year, too. But Bruce has always delivered a HUGE record every couple of years, so it all works out in the end.


Most commercial catalog in jazz? SonyBMG may beg to differ.
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#543266 - 06/27/08 02:06 AM Re: EMI peeps leavin' the building? [Re: johnnyboy]
Joda
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Blue Note doesn't have the wonderful catalog that everyone thinks they have.

Sony surprisingly has the best Jazz catalog.

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#543268 - 06/27/08 02:10 AM Re: EMI peeps leavin' the building? [Re: Joda]
blowbyblow
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sure sony does - if your counting skus. one Nora( x 3) equals at least 100,000 skus in a jazz catalog. its all relative to scale.
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#543271 - 06/27/08 02:19 AM Re: EMI peeps leavin' the building? [Re: blowbyblow]
Freddy
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Oh, I'd gladly take that wager.

You get one Nora( x 3) (whatever that is)

I'll settle for the 100,000 jazz catalog skus

We can meet for lunch, compare our bank accounts, loser pays the tab.

Every year for, say, ten, twenty years?

Yum, I'm booking the tables now.

[What's my secret plan? Ask Joda: "If you are hanging onto the disc as being more important than the new methods of music exploitation then you are going to be looking for work."]


Edited by Freddy (06/27/08 02:23 AM)
Edit Reason: A nice quote that is, Joda

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#543295 - 06/27/08 03:49 AM Re: EMI peeps leavin' the building? [Re: Joda]
Bill Lumbergh
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 Originally Posted By: Joda
Blue Note doesn't have the wonderful catalog that everyone thinks they have.

Sony surprisingly has the best Jazz catalog.

Define "best."

Sony has all the Columbia stuff, from the 78 era (including Louis Armstrong's Hot Fives and Sevens), the George Avakian years (Miles, etc.), and the Dr. George Butler years (1980s?), plus some fusion on Epic. Factor in the Victor and RCA stuff, along with Arista and RCA Novus, and, well, maybe.

Blue Note has the classic Alfred Lyon catalog, which dates from the late 1930s, lotsa great titles there, plus World Pacific-Pacific Jazz and Capitol's jazz catalog (Miles, Birth of the Cool), along with the stuff George Butler was signing in the 1970s. Some decent stuff there.

I'd say Verve-Universal has a pretty good catalog, too, what with all the various Decca/MCA/Universal and PolyGram labels. Just having John Coltrane's Impulse! output gives it a shot at the "greatest catalog" sobriquet. And Universal distributes Concord, with the Fantasy Prestige Milestone Contemporary Riverside Pablo et al. clusterfuck.

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#543327 - 06/27/08 08:15 AM Re: EMI peeps leavin' the building? [Re: Bill Lumbergh]
johnnyboy
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The initial statement was that Verve had "the most COMMERCIAL catalog in jazz." I took that to mean able to generate the most billing. I'd give that title to SonyBMG because of Miles, Monk, Duke, Brubeck, Billie Holiday, Tony Bennett, Herbie, Weather Report, CTI, etc. Then toss in Connick, Botti, etc. Just dozens of Gold records that continue to sell.

I think the issue that is most relevant today is whether or not there is a way to further generate billing with these assets. In terms of EMI and SonyBMG, just about everything has been made available with 20-bit masters with all releasable alternate takes, great liner notes and photos, etc. Every conceivable compilation has been put together as well. So at this point, it's mainly about trying to drive people to downloading on i-tunes.

Thankfully, though, since sound quality is so important to jazz fans, this is an area that hasn't been drastically hurt by P2P.

Selling high-quality downloads of catalog titles in a consumer friendly setting is the area of the music business with the most upside going forward.
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#543344 - 06/27/08 10:42 AM Re: EMI peeps leavin' the building? [Re: johnnyboy]
alexander mair
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The current Sinatra repackage proves that there are still repackaging opportunities in these, and other, catalogues. The 18th Greatest Hits of the Platters debuted top 10 in the UK a couple of weeks ago. Most of the artists in these catalogues are entitled to very low royalties, so the profit margin can be exceptional.
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#543441 - 06/27/08 01:55 PM Re: EMI peeps leavin' the building? [Re: alexander mair]
johnnyboy
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 Originally Posted By: alexander mair
The current Sinatra repackage proves that there are still repackaging opportunities in these, and other, catalogues. The 18th Greatest Hits of the Platters debuted top 10 in the UK a couple of weeks ago. Most of the artists in these catalogues are entitled to very low royalties, so the profit margin can be exceptional.

Are you actually bringing Sinatra into this discussion? There will obviously always be opportunities to repackage superstar acts. However, the mid-level stuff that used to be good for 10K-plus in sales has died out, becoming non-profitable based on initial production costs and the cost of positioning at retail, so artist royalties don't even enter into it. Also, remember that mechanicals are about to take a nice bump, so the P&Ls on these titles are gonna take a hit. The days of $11.98 list Legacy packages with 18 tracks are numbered.

I fear that this particular tube of toothpaste has been squeezed out. Again, it's all about how we're gonna monetize these assets online.
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#543458 - 06/27/08 02:30 PM Re: EMI peeps leavin' the building? [Re: johnnyboy]
HeyDave
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Actually, I agree that SonyBMG has the most commercial catalog of pre-millenium jazz. Heck, Kind of Blue alone is worth more than most catalogs.

On further reflection, what I really meant to say is that of the few companies that are actively involved in jazz and have the catalog count towards the overall P&L of a "jazz" division, the Verve catalog is unbeatable. Coltrane and all those vocalists.

Which is not a criticism of the Blue Note catalog or team, just a comment on how Verve might be prospering now that their overhead has been brought more into into line with their turnover.

This isn't gloating or anything like that. Through no fault of their own, a lot of really good people (and some friends) lost their jobs when Verve (and a zillion other labels over the last few years) "restructured". Just like at Blue Note if the rumors are true that a pro and good guy like Tom Evered is out of a job. It sucks but it's necessary if these imprints are to survive.

Also, it's not exactly stop the presses news that catalog revenue props up new recording activity. I've been involved with genre music since the late 80's and it has always been thus. Unfortunately, physical catalog sales have been collapsing for years putting ever more pressure in new releases to perform. Yes, digital holds a lot of promise but it still seems to be in its infancy, at least for high quality distribution through multiple sources.

And just to be clear, I don't work for Verve (or any label for that matter).

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#543638 - 06/27/08 07:33 PM Re: EMI peeps leavin' the building? [Re: HeyDave]
johnnyboy
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I can't imagine that Zach Horowitz allows catalog to "count towards the overall P&L of the 'jazz' division..."
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#543731 - 06/28/08 12:09 AM Re: EMI peeps leavin' the building? [Re: teverett]
Biker_Bill
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Every Mistake Imaginable
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#543749 - 06/28/08 01:22 AM Re: EMI peeps leavin' the building? [Re: johnnyboy]
HeyDave
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 Originally Posted By: johnnyboy
I can't imagine that Zach Horowitz allows catalog to "count towards the overall P&L of the 'jazz' division..."



Why not?

At EMI, even though catalog was sold and marketed by the catalog group at distribution, the revenue flowed back to the individual labels P&L. Maybe that's changed or Universal is different but it's hardly unimaginable.

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#543750 - 06/28/08 01:24 AM Re: EMI peeps leavin' the building? [Re: HeyDave]
johnnyboy
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There is a difference between where the revenue goes and how a department's P&L is evaluated by management.
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#549363 - 07/14/08 03:40 PM Re: EMI peeps leavin' the building? [Re: BLondon]
nycmomma
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 Originally Posted By: BLondon
Caroline's been hit, too. Most of the staff has been let go.

The bars of NYC will be overflowing with former EMI staffers tonight.


I believe it was six who lost their jobs at Caroline and 2 at Astralwerks, Justin and Katie.

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