hutch
Joined: Unknown
Posts: 0
Re: Musicological banter
May 04, 2021 at 06:07 PM UTC
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Also one has no idea how music rights values will go
In 1997 a baseball franchise was valued at what? 100 million? Today $2.2 billion?
How much would have Bob Dylan gotten for his catalog in 1997 before Time Out of Mind? He was washed up at 46…
jrpa
Joined: September 03, 2013 at 03:15 PM UTC
Posts: 29999
Re: Musicological banter
May 04, 2021 at 06:07 PM UTC
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hutch wrote:
Not necessarily true… it could happen that the new RHCP album gets them a new generation of fans.. it’s very unlikely though…
Very unlikely they get a new generation of fans. Absolutely impossible that anything they put out at 58 tops their current creative peak as 58 is a larger number than 30.
hutch wrote: I find it sad.. why shouldn’t Phoenix do it next? Or LCD Soundsystem?
I think if you view music rights as a commodity, there is a couple factors at play. Pretend music rights are a race horse. You have this race horse and it won two of its first three races and placed in its other one. Do you sell the race horse right now or do you hold on to it because it may be worth more down the road? What if you sell the race horse and then it wins the Kentucky Derby? These are the same heuristics in play with music rights.
If you think your music is going to remain super popular decades from now and induce the type of nostalgia that movie makers and advertisers want, then it might make sense to take the risk of holding onto that commodity. OTOH, most bands music rights do not continue to appreciate overtime compared to inflation, I would imagine. The RHCPs or U2s of the world whose (again, inflation-adjusted) valuation peak does not closely align with their creative peak are SUPER rare, if you just start listing bands off the top of your head and thinking about it.
jrpa
Joined: September 03, 2013 at 03:15 PM UTC
Posts: 29999
Re: Musicological banter
May 04, 2021 at 06:07 PM UTC
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hutch wrote:
How much would have Bob Dylan gotten for his catalog in 1997 before Time Out of Mind? He was washed up at 46…
Dude. No one bought the Dylan catalogue because they want to put Time Out of Mind songs in a commercial. Be real.
hutch
Joined: Unknown
Posts: 0
Re: Musicological banter
May 04, 2021 at 06:10 PM UTC
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But what he has done since 1997 has appreciated his whole catalog
Nobody knew he would win the Nobel for literature
And actually didn’t a Victoria’s Secret ad feature “Things have changed”?
Make you feel my love is a pretty big song (atrocious I admit)
hutch
Joined: Unknown
Posts: 0
Re: Musicological banter
May 04, 2021 at 06:11 PM UTC
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Anyways I agree with most you say
Just sad
Everything and everyone is for sale
jrpa
Joined: September 03, 2013 at 03:15 PM UTC
Posts: 29999
Re: Musicological banter
May 04, 2021 at 06:13 PM UTC
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hutch wrote:
But what he has done since 1997 has appreciated his whole catalog
Nobody knew he would win the Nobel for literature
Yeah, he's a super outlier. This is not the arc 99.999999% of bands music rights valuations go.
jrpa
Joined: September 03, 2013 at 03:15 PM UTC
Posts: 29999
Re: Musicological banter
May 04, 2021 at 06:14 PM UTC
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I would also suggest that absent me misunderstanding copyright and publishing law, there is a very hard cap on the value of these rights as, at some point, they will enter the public domain. The closer things get to that point, that value has to start trending down.
jrpa
Joined: September 03, 2013 at 03:15 PM UTC
Posts: 29999
Re: Musicological banter
May 04, 2021 at 06:14 PM UTC
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hutch wrote:
Everything and everyone is for sale
Did you buy that line from Manic Street Preachers?
hutch
Joined: Unknown
Posts: 0
Re: Musicological banter
May 04, 2021 at 06:16 PM UTC
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Very true
For all we know music rights’values could plummet and the RHCP take their $140 million invest in cat coins and become the richest people in the world
Isaac
Joined: June 04, 2003 at 05:01 AM UTC
Posts: 373
Re: Musicological banter
May 04, 2021 at 06:49 PM UTC
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Julian, wrote:
hutch wrote:
How much would have Bob Dylan gotten for his catalog in 1997 before Time Out of Mind? He was washed up at 46…
Dude. No one bought the Dylan catalogue because they want to put Time Out of Mind songs in a commercial. Be real.
What? "Love Sick" was used by Victoria's Secret in a huge ad campaign back in the day. I still remember the creepy grandpa commercials. "To Make You Feel My Love" is now pretty much Adele's song. What kind of trickle down revenue does that generate every time some American Idol hopeful releases a cover of her cover?
Plus in movies I still vividly recall "Most of the Time" from Oh Mercy. I think the value of Dylan's later catalogue is underrated.
Dammit, totally missed that Hutch touched on all of this. Also, I actually had a Victoria's Secret "Love Sick" Dylan compilation that. . . my dad gave me. Great thanks anxiety, now I have to think about who he was shopping for then, as my parents' relationship crumbled.
Sidehatch
Joined: October 04, 2011 at 04:33 AM UTC
Posts: 25687
Re: Musicological banter
May 04, 2021 at 06:52 PM UTC
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hutch wrote:invest in cat coins
wait, is there a cat coin I can invest in?!
hutch
Joined: Unknown
Posts: 0
Re: Musicological banter
May 04, 2021 at 07:05 PM UTC
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All I will say about crypto currency is if you buy it call yourself a gambler or speculator and not an investor
Yada
Joined: February 05, 2003 at 06:01 AM UTC
Posts: 12418
Re: Musicological banter
May 04, 2021 at 07:07 PM UTC
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Anthony's pecs will never bounce like perfection as they did in the Under The Bridge video in 1991.
hutch
Joined: Unknown
Posts: 0
Re: Musicological banter
May 04, 2021 at 07:24 PM UTC
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Hard to argue with that… has he cashed out his pecs? What kind of a market value did Iggy establish anyways? when Iggy took the lump sum from Pecinvsis in the 90s I thought he was nuts but when I saw him live I saw his wisdom first hand
Sidehatch
Joined: October 04, 2011 at 04:33 AM UTC
Posts: 25687
Re: Musicological banter
May 04, 2021 at 08:28 PM UTC
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Sidehatch
Joined: October 04, 2011 at 04:33 AM UTC
Posts: 25687
Re: Musicological banter
May 07, 2021 at 05:49 PM UTC
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Sidehatch
Joined: October 04, 2011 at 04:33 AM UTC
Posts: 25687
Re: Musicological banter
May 12, 2021 at 04:40 PM UTC
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Rock & Roll Hall of Fame to Induct Jay-Z, Carole King, Go-Go’s, Tina Turner, Todd Rundgren and Foo Fighters
jrpa
Joined: September 03, 2013 at 03:15 PM UTC
Posts: 29999
Re: Musicological banter
May 12, 2021 at 04:44 PM UTC
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Bamboo-Hatch wrote:
Todd Rundgren and Foo Fighters
Dads everywhere rejoice. When is Frank Turner eligible?