Showing posts with label Music Business. Show all posts
Showing posts with label Music Business. Show all posts

Monday, March 1, 2010

Prince: Dublin, Ireland Concert Promoter Awarded Damages From 2008 Cancelation



via Pollstar

Prince canceled his 2008 concert at Dublin’s Croke Park “on a whim,” according to MCD chief Denis Desmond, who was awarded undisclosed damages Feb. 26.

“I’m pleased with the result because it means I’m not out of pocket, but I’m still disappointed for the fans that bought the tickets,” he told Pollstar, hours after the Dublin Commercial Court laid down the judgment.

On Feb. 23, the day the case opened, Desmond told the court he didn’t have any “rumblings” that anything was wrong until two weeks before the June 18 show date. And then it was only because his production staff could not get any information from Prince’s production staff.

He brought a euro 1.6 million action against Prince (Prince Rogers Nelson) and William Morris Endeavour Entertainment’s Los Angeles office. WME was added to the case after Prince allegedly said the Beverly Hills-based agency had no authority to bind him to the concert.’

The Commercial Court took the view the agency did have authority to book Prince and awarded damages against the artist.
“In a way it was more like a case between Prince and WMEE because I know the agency did its utmost to try to make the show happen,” Desmond explained.

WME, which claimed an agreement dating back to August 2005 authorised it to negotiate on Prince’s behalf, said on Feb. 26, 2008, it agreed to a contract with MCD for Prince to play the Dublin park for guaranteed fee of $3 million. MCD transferred $1.5 million to William Morris as a deposit.

WME also admitted that it notified MCD of the cancellation June 6 on the grounds that Prince refused to travel to Dublin, an explanation that it described as having “no reason of substance.” It claimed the decision to cancel was outside its control and it had returned $1.5 million to MCD. The company denied negligence, breach of duty or misrepresentation.

Desmond told the court that he had a good relationship with the WME. He entered into negotiations with WME in 2007 and early 2008 to bring Prince to Ireland.

The act played 21 concerts in London in 2007, and while efforts to bring him to Ireland did not work out, Desmond later confirmed Prince for Croke Park in June 2008.

Desmond told the court that promoters can take out cancellation insurance and dates could be rescheduled in the event of a performer being genuinely ill but, in this case, there was no reason given for the cancellation.

Read the full article here:
Pollstar - Prince Canceled ‘On A Whim’

Sunday, February 28, 2010

Dru Ha: Co-CEO Of Duck Down Records NYC Two Part Interview



via Planet Ill

Part 1

2010 brings Duck Down Records to 15 years of existence. Still standing amidst the broken bodies of Loud, Rawkus, Death Row, No Limit, and so many idies that rose high and flamed out, The little label that could has steadily chugged along retooling and rebuilding and delivering quality music. Planet Ill sat down with co label head Dru Ha to discuss behind-the-scenes stories and the secret to their survival in a market that, at best, is certainly unkind to those who get caught slipping. Read on.

Planet Ill: Black Moon’s original album was not a Duck Down album. What led to the formation of the label?

Dru Ha: Well I actually worked at the label, at Nervous. I was actually Executive Producer of that album with Buckshot as well being a main member of Black Moon. So we did that record on Nervous. We got our learn on. We learned a lot. We cut our teeth there. We brought Smiff-N-Wessun into the fold. Buck introduced me to them and we originally started managing them. We actually brought them into the same situation to that same label. We were trying to get a bigger piece of the pie; thinking that we were doing a lot of the work and heavily involved in the campaign and the marketing. And just doing a lot of the stuff, we felt like we could go out there and get our own situation for the new groups that we were going to bring in. So that really is what motivated us, money and getting a bigger piece of it.

Planet Ill: How have you managed to stay viable over the last 15 years? Generally speaking, entities come out. They get bought out and they become part of the mainstream and that’s that. How did you manage to stay independent, but stay in business?

Dru Ha: Well we had a lot of trials and tribulations, definitely highs and lows. I’ve heard Buck say this in interviews and it’s a good point. We never really made it so big, you know, and I think some of that has worked to our benefit. Sometimes when you get to a certain success level or you have that one humongous record that blows up and there’s lots of money floating around, things can totally break up a camp or break up an organization because people don’t feel like they are getting what they deserve or they don’t feel like they’re getting rewarded correctly.

I think we’ve just kind of, by being steady, we have avoided that situation. Of course we would have loved to have had more success over the years, commercial success in terms of actual sales. But I think in some ways that’s kept us grounded and you know we have been fortunate enough to still be consistent with our numbers and still have significance with our numbers. That has maintained us. You know so it’s like we’ve been steady and when you are steady it allows you to keep going. It allows you to continue playing the game.

Read more of Part 1 with Dru Ha here:
Planet Ill - Dru Ha: 15 Minutes on 15 Years Part 1

Part 2

Planet Ill: You came to a point in your label’s history where you decided, you know what, maybe we should expand outside of Brooklyn emcees and I believe that’s what led to your current new wave. And you’ve done extremely well, probably stronger than your original run. What led to the decision to say let’s bring more people into the fold? Let’s bring more artists from different places into the fold.

Dru Ha: See again, I keep referencing Buck. Like I always say that because that shows you how much we really talk. People will look at Duck Down and see Buckshot as the artist and me as the business person and it’s like man, it is truly a partnership. The questions you are asking, I have to say that first because these are things me and Buck have talked about over all the years. That was a vision of ours well long before we made it a reality. The problem for us was we just never had the right situation. We went through about five or six different types of production label deals for the brand or for the label and each time we learned something new, or we found out the deal wasn’t all we thought it would be, or the deal wasn’t making sense for us or we were losing money or we were getting ripped off or whatever it might be.

It wasn’t until we left Koch in 2005 and we went to a label called Navarre, a distributor called Navarre, that we finally got the situation under control. Where we were truly, I know that all of this is really technical, but we truly became that independent label where we could understand the business model, understand what we were going to make on each record, and control it. So many times you do these deals, artists and labels, it’s so hard to tell what you are going to earn or what you put into it because it can be so shady man.

The deals can be so backwards. You never really understand them until you actually execute them. I don’t care how good your lawyer is. By the time you get slapped with a statement it’s like you’ve already spent so much money or went through so much. You get your learn on through putting the project out. So long short, we finally got that situation straight with Navarre in 2005 and we knew that we understood our business plan and the business model of how the company was going to operate. That’s when we knew we could open the doors up and start investing more money in groups outside of the original core family that was already with us.

Read more of Part 2 with Dru Ha here:
Planet Ill - Dru Ha: 15 Minutes on 15 Years Part 2

Ted Lucas: CEO Of Slip N Slide Music Label Miami Business News Feature Story



via Miami Herald

That's the hip-hop gospel of Ted Lucas, the Miami-Gardens-boy-turned-music-entrepreneur, leader of the independent label that helped put Miami rappers on the map (Rick Ross, Plies, Trick Daddy, Trina, etc.).

The evidence of Slip N Slide Records' success is scattered across its South Beach offices. A framed magazine cover here, a platinum record there. There are so many platinum awards that Lucas crams the extras into the space between a couch and wall.

But what he really wants you to know is that a hit record can change your life.

The saying hangs from several walls scattered across the building, along with other pieces of advice, like ``a hook makes a hit record.''

``We're not sleeping at all,'' he says on a short break one Friday afternoon, after rattling off a list of releases he has scheduled for this year.

``We've got to make great music and work harder.''

Lucas has told the story of his success before. Sitting inside his recording studio, he tells the narrative with ease.

He grew up near what is now Sun Life Stadium and dreamed of playing professional football.

Read the full story here:
Miami Herald - Miami hip-hop producer reveals secrets of his success

Wednesday, October 28, 2009

Big Jon Platt Promoted to President Of North American Creative At EMI Music Publishing



Big Jon Platt is a behind the scenes power player in the music publishing business. If you haven't heard of him, you have surely heard of the artists he works with (Jay-Z, Beyonce, Kanye West, Damon Thomas of the Underdogs, Usher and the list goes on) who continue to trust his guidance and expertise. He started out as a party DJ in the Denver scene, when he befriended Chuck D of Public Enemy who suggested to Platt that he should get into the music business. Then Platt moved to LA and the rest is history.

via Billboard biz

EMI Music Publishing has promoted Big Jon Platt has been promoted to president of North American creative. In this new role, he will oversee EMI Music Publishing's North American creative team, with responsibility for overall creative strategy across the company's offices in New York, Los Angeles, Miami, Nashville, Atlanta and Canada.

Platt, previously president of West Coast creative and urban, already heads a team representing songwriters, who have topped the Billboard Hot R&B/Hip Hop Songs chart for 60 of the last 62 weeks, according to the company's announcement.

source

Tuesday, September 15, 2009

Island Def Jam Names New A & R



Attention, anyone wanting make it in the music business especailly in A&R (the guys and gals who sign and oversee talent at the music labels) it takes a lot of luck to get to the top and maybe a double platinum record like ""I Am Sasha Fierce" does hurt either.

via Billboard.biz

Island Def Jam has named Max Gousse their new senior VP of A&R. Gousse will be based in Los Angeles and report directly to chairman L.A. Reid.

Before joining Island Def Jam, Gousse worked in executive capacities for MCA Music Publishing, Epic Records, Sanctuary Management and most recently Music World Entertainment, where he oversaw Beyonce's multi-platnium records "Bday" and "I Am Sasha Fierce."

Monday, July 13, 2009

Jay-Z new book deal in the works?



**update**

According to The New York Observer, Jay-Z plans to release a book commenting on and telling the stories behind his lyrics plus two other books one traditional memoir and another a business book.

3 total. First (lyric) book is called Decoded.

This will be the first book by Jay-Z, who famously claims never to write down his lyrics on paper. When it will be published is unknown. The multiplatinum-selling rapper's next album, The Blueprint III, is scheduled for release on Sept. 11, 2009.

Read more of the article here

Friday, July 10, 2009

Jay-Z new book deal in the works?



According to The New York Observer, Jay-Z plans to release a book commenting on and telling the stories behind his lyrics plus two other books one traditional memoir and another a business book.

This will be the first book by Jay-Z, who famously claims never to write down his lyrics on paper. When it will be published is unknown. The multiplatinum-selling rapper's next album, The Blueprint III, is scheduled for release on Sept. 11, 2009.

Read more of the article here

We here at Hooked On That are not sure what the real deal is about this Jay-Z book, as it has been mythically talked about for quite some time. It being the 25th Anniversary of Def Jam and with a new 'Blueprint 3' arriving this September, it would only make sense to have a Jay-Z book(s). Whatever develops, we'll keep you posted.

Thursday, July 9, 2009

Art of the Music Deal: What Happens Before You $ign on the Dotted Line? THE MANAGEMENT DEAL upcoming lecture scheduled in Los Angeles



So you're an artist or band making a name for yourself in your town, city or region and you start getting approached by managers wanting to handle your business affairs.

What do you do?

The National Association of Record Industry Professionals can help. NARIP is scheduling a seminar/lecture to learn the information you need to know in signing with a manager. If you are an up and coming artist or just new to the music business, this is an excellent way to learn more about the "What Happens Before You $ign on the Dotted Line?".

The National Association of Record Industry Professionals presents:

Art of the Music Deal: What Happens Before You $ign on the Dotted Line?
THE MANAGEMENT DEAL


Top music attorney Al Schlesinger and artist manager Bill Leopold face off in a live negotiation of key deal points and contractual issues in a management agreement.

WHEN:
Wednesday, July 22, 2009, 6:30-9:30 pm,

WHERE:
SAE Institute, 6565 Sunset Boulevard, Los Angeles, CA 90028.

YOU WILL LEARN:
When it's the right time to make a deal

Major areas of negotiation, including:

* Terms
* Options
* Commissions and how they're paid
* Sunset clauses
* Deliverables
* Selecting a business manager
* Making the most of the artist-manager agreement

And much more.

Learn more click here