Only $300m? That’s practically giving it away, giving it away now.
lolol
They can and should re-release songs. Why not.
Humanity has lost touch with the concept of currency. People scoff at THREE HUNDRED MILLION when they will likely not have much more than a sole collective million in their entire lifetime, if that. Trumpler just spent half a million on a statue that’s only covered with gold leaf, lol, the war he started in Iran costs BILLIONS per day. We have completely lost it with currency.
How is Anthony going to support his 19 year old girlfriend after he’s passed on from old age?
this is such a fucking racket. i grew up playing music and was always “a hipster” that hated mainstream music for this kind of stuff. they’ve always done this kind of thing where they basically decide who gets to be popular. they play kingmaker with people from Nat King Cole to Beyoncé to Taylor Swift and create minions that will ridicule you for not being “a fan”. an oligopoly owns the distribution networks and radio stations and production studios, and now they own a pipeline for creating multimillion dollar advertisements that people pay to go see in movie theaters. they create the most mundane, overproduced, soulless music to sell to the lowest common denominator with banal themes around silly relationships drama and conforming to whatever stereotype they pander to (trucks, opulence, etc).
these latest biopics are a fucking joke meant to juice their assets (i guarantee that’s what this deal is about), and i’ve never felt so vindicated to boycott this industry. these artists were always complicit in making “music for people who don’t like music”, and this meaningless consumption will only end in more artists getting cut out of these deals by AI generated slop and greedy cash grabs reselling nostalgia.
honestly i’m so tired of hearing these remixes of remixes of remixes sold to musicians by producers with the artistic sensibilities of Mr. fucking Beast anytime i’m in a public space that ostensibly plays music just to participate in this system (at my gym is the worst).
listen to weird or underproduced music. go to local shows. support independent touring musicians. be intentional about your media choices generally, and don’t let corporate stooges in circus make up induce FOMO or tell you what is good.
i always thought the Red Hot Chili Peppers were boring.
What music is good?
i never claimed to have that answer. you shouldn’t need Sony to tell you, is my point. in fact i actively avoid their suggestions, personally
You kind of implied it though. If you think all music sucks then there’s not much point talking about this, but it seems like you do like some music. Otherwise why would you care?
i didn’t think it was worth addressing.
if you want some examples:
Nick Shoulders and the rest of the crew at Garhole Records make a point to showcase regional folk music in the Ozarks.
Bill Wurtz makes music that sounds like PBS Kids but has more heart than most pop music.
Lawrence is an indie, duo-led group from NYC that brings the simple motown structure into the modern age.
Chris Thile and the Punch Brothers are virtuoso newgrass musicians that try not to be up their own ass about being virtuosos.
this is just a smattering. i never said all music sucks. i said the music industry sucks. and the people i listed above are highly successful independent of the corporate side and would agree with me on that.
For sure not, I just wanted what would be pleasing to someone with such high standards for the sake of getting some recommendations. So thanks!
Maybe they fear the future of AI music generation and its hypothetical potential to rob their future earnings.
If that ever did happen, this could be a very smart move.
Seems shortsighted. Why sell your music and forgo any royalties? Or is it that the streaming business is so not worth it that the royalties are worth less than $300 million?
300M is more than they’ll need in a hundred years.
Sells short sighted. Leave something for your kids or family.
If you think $300.000.000 is not enough then you have issues no money can cure.
Adjusting for inflation for let’s say the year 2000 that’s only 150 million. Divide that by four and that leaves you just under 40 million before taxes per band member in 2000 money.
So it’s not really that much money.
‘If you do these arbitrary calculations the number goes down!’
Bet you have no idea how much like 50.000 is. Or how to pay rent.
Also assumes they won’t do literally anything else to make money. I’m not a financial expert by any stretch, but investing 40 mill seems like enough to live off dividends for the rest of your life and still have whatever left for the kids to pull out. Again assuming that they don’t do anything else to make more money.
Yes, won’t someone think of the nepo-babies?
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