this is…. the best thing EVER.
No really.. For my final post on this blog, I wanted to post something fun.
There’s nothing more epic than a flash mob. đ
Who doesn’t remember these dances?? My childhood has been restored.
Enjoy.
Interesting that we just returned from a visit from EMI Spain but no one at the company seemed to touch this subject.
Apparently last Thursday, Sony proposed a $2.2 billion takeover of EMI Music Publishing. Now they havenât said too much about the deal but they have at least told the public that Sony doesnât plan on just crushing everything that its competitor (EMI) has worked for. However, Sony will be diminishing about 60% of EMIâs publishing staff within two years. Thatâs supposed to save around $70 million in yearly savings. (Apparently, thatâs only 326 jobs â Nothing like the 10,000 jobs Sony got rid of in Japan a few weeks ago). And allegedly, Sonyâs getting 15% of net publisherâs share (revenue minus royalties to songwriters).
This new deal one half of a split deal reached by Citigroup in 2011. EMI is being split between Sony & Universal. Universal bought out EMIâs record labels for $1.9 billion.
(I love how billions and millions are just being tossed around here like coupons.)
A lot of indie labels &consumer advocates arenât too happy with these deals. They see âbigger monopoliesâ written all over. Sonyâs publishing includes Michael Jacksonâs estate, the Beatles catalog, & over 750k songs. EMI has 1.3 million songs and is known to be the most highly regarded company in publishing, boasting timeless classics & standards like âSomewhere Over the Rainbow.â Prospects state that the combined publishing assets of EMI & Sony will represent the worldâs largest publishing catalog with a #1 market share on a combined basis.
Doesnât sound 100% excellent for EMI. But I hope that all parties (including EMI) are better off in the future.
The last time I checked, rapper Tupac has been dead since 1996 i think. Yet, he mysteriously seemed to rock the stage at the 2012 Coachella festival this past weekend in Indio, California.
Well apparently, around $500,000 was spent to create a state-of-the-art hologram of the famous rapper to perform alongside the living artists Dr. Dre & Snoop Dogg. The performance has received positive reviews with quotes like “It’s a shame when a deceased rapper can give a better show than most of the famous rappers living today.”
Now, I’m not sure if this is the first live hologram performance in the history of the world. But I can bet that it’s gonna catch on for the rest of the industry. Sounds like a lot of big budgets in the future. Might not be so great financially. Who knows?
If you click on the photo, it should direct you to the video of the actual performance. If it doesn’t work, I’ll be somewhere crying privately. đŚ
Hello all,
For those who are still remembering the awesome experiences we had at MIDEM and think that you have to come to Europe every year for a conference like this..Think Again! I’m not an expert or anything on this event. But for anyone who didn’t know, there is a MIDEM-esque conference called “South by Southwest (SXSW)” held in Austin, Texas every year. Apparently, it doesn’t just surround the future of the music industry. But you discuss information on film, education, economy, etc. The music portion of the conference is happening now (March 13-March 18)
Again..I’m no expert on this. Just found out about it not too long ago. If any of you guys have anymore information on SXSW, feel free to share!!
