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From "Holmes Online" <bholmes_fm@msn.com>
Subject Re: IKE and financing new recordings
Date Sat, 19 May 2007 12:31:33 -0400

[Part 1 text/plain iso-8859-1 (1.5 kilobytes)] (View Text in a separate window)

> My label has financed nearly $2 million in recordings over the last 10 
> years. Believe me when I say that $50 needs to be accounted for and needs 
> to be worth every penny...cause it takes the sale of a LOT of discs to 
> make that $50 back.
>
> If IKE gets 5,000 fans at $50 a head and the album blows chunks the band 
> needs to be held accountable for taking their money on such a speculative 
> trip -- you'd ask no less of a stokebroker putting your cash into the 
> stock market for you. The least the band can do is record more tracks than 
> they need and let the fans who contributed get a say in which songs they 
> want on the album (including all of them if that's what they want).



Jaimie, I think you are looking at the $50 as a business investment and the 
band (and probably most contributors) are looking at is as a supportive 
gift. I certainly don't expect ROI when I write that $50 check, and I doubt 
most do.

I also don't know if I'd want to hear a CD from a band that has 100 people 
voting on the song selection. Once you start taking that out of the hands of 
the band and the producer they willingly align with, what you get isn't 
their vision anymore, is it?

And I understand the number of people (managers, label guys, etc.) who also 
have selection input in most outside-the-band label releases. Can't worry 
about what I can't control, and I guess I've gotten used to the level of 
meddling. Focus Group song selection gives me the willies though. :)

b 


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