L.A. Reid Sells 100% Of His Catalog to Hipgnosis

[mson]

Nah...not unless copyright laws suddenly change. Music holds its value bc the connection to its value is emotional.

BTW it’s easy not to fully appreciate the effect some of these music industry folks have had, until you READ their C.V.

Think about what it must be like to have written just one worldwide smash hit like “Don’t Be Cruel.”

Now imagine being responsible for dozens of hits. That is just insane to think about.

My guess is a lot of these ppl sell bc they don’t necessarily trust that their heirs will appropriately manage/invest the catalog. If your heirs have zero music industry knowledge perhaps they may be taken advantage of. This happens every day with family owned businesses. Better to get as much value today than potentially lose bc of mismanagement later.

whatever reason he has, he’s earned that right. That is one hell of a legacy.

That's another reason. Your heirs might turn around and sell that shyt themselves.

 

[Formerly known as...]

Something doesn't quite add up with how many artists they're buying music from. They're giving these artists a very good deal but what is their plan?

 

[The_Sheff]

There is probably something here that regular folks cant see. LA Reid and his ilk know how much they are currently getting in royalties and can pay someone to do the math on how much that can bring in down the road compared to what it was bringing in before. Them streaming checks must not be shyt right now. Maybe this conglomerate is saying if they get a certain amount of music under their umbrella they can start negotiating higher percentages on them streams and if you an early adopter and become a partner/board member you get a share of that.

And like another poster said, maybe they feel like they can use the check in better ways right now and think they kids or whoever would just sell the shyt anyway once they die.

 

[Tasha And]

Something doesn't quite add up with how many artists they're buying music from. They're giving these artists a very good deal but what is their plan?

It's most likely this

Maybe this conglomerate is saying if they get a certain amount of music under their umbrella they can start negotiating higher percentages on them streams and if you an early adopter and become a partner/board member you get a share of that.

Invest in buying up all of the music rights now until you own a significant slice of the pop music pie, then you can negotiate higher percentages with the streaming companies. They'll lose money until then but see it paying off down the road once streaming companies can't risk losing the catalogue.

 

[froggle]

Cacs cant leave anything alone..

A black man, the man who created the party classics, good times, Le Freak etc is the co owner

 

[Supa]

Coli thousandaires tell LA Reid he needs to build generational wealth

 

[3rdWorld]

A black man, the man who created the party classics, good times, Le Freak etc is the co owner

Nile Roger's?

 

[Tribal Outkast]

Maybe the earning on old music ain’t what it used to be. All these super producers ain’t doing this for no reason. Rza, timberland, no id , La Reid

I think this is it. There has to be a reason why old songs are appearing in commercials now. Seems to be more now than ever. Radio dead, physical sales almost dead, how these people getting paid?

 

[humminbird]

Nah...not unless copyright laws suddenly change. Music holds its value bc the connection to its value is emotional.

BTW it’s easy not to fully appreciate the effect some of these music industry folks have had, until you READ their C.V.

Think about what it must be like to have written just one worldwide smash hit like “Don’t Be Cruel.”

Now imagine being responsible for dozens of hits. That is just insane to think about.

My guess is a lot of these ppl sell bc they don’t necessarily trust that their heirs will appropriately manage/invest the catalog. If your heirs have zero music industry knowledge perhaps they may be taken advantage of. This happens every day with family owned businesses. Better to get as much value today than potentially lose bc of mismanagement later.

whatever reason he has, he’s earned that right. That is one hell of a legacy.

I said something similar before and got clowned for it.
you're right though

 

[philmonroe]

How we gon get rich or better yet own anything

What do you own my man?

 

[dh86]

I believe someone got in these old guys’ head and told them that those song rights are a generation away from not making them anymore money due to technological shifts

 

[Tribal Outkast]

Nile Rogers is a co-founder

Funny I was watching a Chic melody the other night and saw the lead singer like

Nile Rodgers might be the goat Dude has found ways to reinvent himself and stay relevant for more than 40 years Put some respect on that mans name!

 

[Squirrel from Meteor Man]

These dudes have zero foresight. Once they burn through the cash then what? These catalogs should be appreciated as family heirlooms.

 

[Squirrel from Meteor Man]

Naw, coli posters obviously have more music knowledge and foresight than La Reid

I do and so does the white man buying up their IP.

No ID sold the publishing to “Run This Town” you know how many movies and shows that’s been in and will be in in the future?

LA Reid sold off the publishing to The Bodyguard when you know they’re going to remake that movie at some point

Stupid

 

[Elim Garak]