Blabbermirror re: Roadrunner

[Jim LotFP]

BLABBERMOUTH.NET - WARNER MUSIC GROUP To Acquire Majority Stake in ROADRUNNER For $73.5 Million

OK, major label, no if, ands, buts, or excuses of any sort allowed!

 

[BenMech]

I noticed that

 

[Occam's Razor]

Unlike as it was during the first boom of metal in the eighties, this time, the majors do not sign bands themselves, but absorb the respective labels. By doing so, they keep their own hands clean for the times when the cow will be milked, and also grant for the credibility of the bands by not associating them directly to a large company. The sum of money invested here also shows what immense commercial potential lies in heavy music. They see a promise for themselves in sinking so much money into this, don't they?

 

[Cheiron]

I wonder if this is the reason that Roadrunner's "talent scouts" left.

 

[Jim LotFP]

Unlike as it was during the first boom of metal in the eighties, this time, the majors do not sign bands themselves, but absorb the respective labels. By doing so, they keep their own hands clean for the times when the cow will be milked, and also grant for the credibility of the bands by not associating them directly to a large company.

"Phil Collins goes hardcore! Hear his new Roadrunner Records album, OUT SOON!"

How long?

 

[BenMech]

It's been rumoured that RR'er will next be signing Dream Theater.

Ironic since DT's only album NOT on a Warner associated label was WD&DU back in 1989

 

[DBB]

It is just staggering--but not surprising--that this deal was not even mentioned and was suddenly "news." In other industries, there would at least be a mention that negotiations were going on and speculation about a company being up on the auction block if there were actions going on behind the scenes.

Tight lips and tight fists make for a tightly choreographed business move though.

This change in policy was surely part of the deal :

To report any abusive, obscene, defamatory, racist, homophobic or threatening comments, or anything that may violate any applicable laws, please send an e-mail to bmouth@bellatlantic.net with pertinent details. Anyone posting such material will be immediately and permanently banned. IP addresses are recorded to aid us in enforcing these conditions.

Had to take out the garbage before selling the house. The amount and turnover of the "news" has accelerated recently as well. Only can speculate on what effect that the sale will have on BM. I think that there will be a lot more back scratching and influencing peddling in PR since the pool has been widened significantly. Even in the very early '90s, Krgin was bending over backwards for the major labels and doing everything in his power to make sure bands were doing the same, but that is a story for another day.

I often wonder where he works and what he does for a living.

I also looked at the coverage of this deal in around 10 newspapers and it was all the same--the same words, the same press release, the same abscence of any analysis. The only thing different was the amount of column inches devoted to the "news."

 

[Professor Black]

Krgin's day job is unrelated to the music business/industry/scene/etc.