Quote:
Originally Posted by BlueDenimLamp
I'm not talking about FM changing labels...I'm talking about artists (FM) being able to get the rights/ownership of their recordings back after WB owning them for 35 years...
http://www.rollingstone.com/music/ne...issue-20110907
If there is as chance WB will forfeit ownership of FM's catalog starting with Tusk (albums before 1978 are excluded.. Can you imagine WB loosing Rumors) will WB spend the money re mastering albums if they have to give ownership back to FM after 35 years?
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thanks for that link. Here's an interesting piece (it's a Q&A with Don Henley on the issue):
What are the options?
Artists have several things they can do. They can re-up with the label and use this as leverage to renegotiate a recording agreement. They can invoke termination rights and take back their master recordings and see what they can do themselves. If they get it back, they can shop it around and see if anybody else wants it – another label or an indie label or they might market it themselves on the Internet. Or artists can go back and re-record everything
I hardly think FM's organizational skills (or lack of) lend themselves to the band doing the internet self-marketing thing. But I can certainly imagine them leveraging ownership of the tapes to get a recording deal (i.e. allowing Warner's to keep ownership longer if they give the band a recording deal… but I don't trust Warner's to do it right that is, I could easily see WB negotiating to keep ownership of the masters, giving the band a deal, and then not really promoting the new music.) I'd rather see the band shop ownership around and get a new deal on a new label.