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From: kln@sirius.com (Karen)
Date: Sat, 14 Jun 1997 16:42:18 -0700
Subject: Contracts and so on
To: love-hounds@gryphon.com
Approved: wisner@gryphon.com
Content-Type: text/plain; charset="us-ascii"
RE: previous post of my message to Dongerous, I think there are some interesting issues here. He asks why they should do anything for Kate, and in spite of our emotional attachment to her work, I'm curious about the implications of his question. They do something because they have a contract. But how does that work? What does a typical contract look like? Has anyone out there seen one? What might be different about Kate's, or has does anyone have any inside info on her deal with the studios? What DOES it cost to produce and promote a CD? What kind of return do Columbia and EMI make? We know Kate isn't destitute, and we know the studios probably get the biggest cut, but how does that work? With the fragmentation of the US music scene along age and ethnic lines, can we expect to see more artists over time? Or will costs drive a massive consolidation to a few well known artists? If (as Don posulates) they lost money on Kate in the US, why on earth do they put out albums that must sell many fewer copies like Tish Hinojosa and Sheila Chandra? Anyone want to tackle any of these? "Inquiring Mind" Newcombe kln@staralliance.com