Moses Supposes

Moses Supposes: Major labels brace themselves for loss of their most popular catalog in 2013

Moses Avalon is one of the nation’s leading music-business consultants and artists’-rights advocates and is the author of a top-selling music business reference, Confessions of a Record Producer. More of his articles can be found at www.mosesavalon.com.

The Mayan calendar claims that the world will come to an abrupt end in 2012. We have all heard the hype and suffered through the movies. But even if that prediction falls flat, the pop-music business may still experience its own armageddon shortly thereafter. Are these just the ravings of another music-industry expert flying off the rails? Let’s see.

In 2013, many classic recordings are scheduled to slip out of the control of their major labels. No, I’m not referring to odd recordings that no one actually collects. This list of records includes some of the top-selling albums of all time (abbreviated list below)!

Even though music-business insiders have been dreading this for years, the New York Times finally decided that it was a newsworthy enough subject and published a piece a few weeks ago about this issue (called “termination of masters”). Unfortunately, the reporter they assigned seemed to a have limited understanding of how the music business really works, as well as of copyright in general. In his article, he kept interchanging the word “songs” with “master recordings,” which littered his post with inaccurate statements like, “artists can claim their songs in 2013.”

Though this New York Times piece may be new info to outsiders, it is a subject that has long been on the minds of those concerned with the recording industry and artist rights. I reported about the subject in a 2008 Moses Supposes article. Here’s the reprint for your perusal:

Mayan meltdown at majors

The hot topic for the American Bar Association conference in 2008 was “termination of masters,” a little raison d’etre in the copyright act that supposedly levels the playing field for authors who are often at a disadvantage to the big, bad publisher (or record company, in this case). The copyright act states that after 35 years, the license or transfer of a work must “terminate” and revert back to the original author.

Moses Supposes

Moses Supposes: Why we steal music

Moses Avalon is one of the nation’s leading music-business consultants and artists’-rights advocates and is the author of a top-selling music business reference, Confessions of a Record Producer. More of his articles can be found at www.mosesavalon.com.

You don’t have to scratch your head too much to recall that Jim Carrey or [Arnold] Schwarzenegger got about $25 million to perform in their movies, or to remember the $280 million that it cost to make Titanic. I’d like you to ask yourself a question: why in the hell do you know these facts? They are not important to your day-to-day survival, yet they are part of common pop-culture knowledge.

Now ask yourself this: how much did Eminem’s last four albums cost? What about how much it cost to market and promote U2’s integrations into the iPod? What? No answer? The reason you have no idea is because whenever you learn how much an actor is getting paid, it’s not a fact that was uncovered by hard-nosed investigative journalism. It’s in a press release. The film industry wants everyone to know that it’s costing them a truckload of cash to entertain you, the public.

Over the last 60 years, while the movie industry has been investing millions a year in educating us about their costs, the record companies have not invested dime-one on this area. They have not taught us music’s cash value.

You probably don’t even realize it, but one important reason you don’t feel easily comfortable sneaking into a blockbuster movie is because subconsciously you figure, “It’s only nine bucks, what the heck, they spent $100 million to make it.”

Weekly Music News Roundup

The Jesus Lizard
The Jesus Lizard

Pummeling mid-tempo rock icons The Jesus Lizard will briefly reunite; idiosyncratic rapper Busdriver performs live with a jazz band tonight; minimalist folk group Phosphorescent has recorded a disc of Willie Nelson covers. Read on.