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09.59  The Minx called from Seattle around midnight local time, safely arrived. Walking into World HQ, the thought: this is an interesting picture of the inside of my head. May I learn from this. A grey day. 12.12 Two KC tracks, provided for a CD release to UMG (although with reservations & with digital rights withheld) have been provided by UMG to Spotify. Those visitors interested in the music industry’s development of “legal downloads” and new income streams for artists may be interested in the following. From a Power Possessor at UMG… What I understand has happened.. is that in our systems there are two versions of the Anthology. One of these is for physical and has the two King Crimson tracks and one is for Digital which does not have the two King Crimson tracks. What happened was that the person who supplied the album to Spotify supplied the wrong version… I have had royalties delve into this and they have advised me that Cat Food has been streamed 353 times and Groon 265 times. This has generated a payment to Island Records from Spotify of £1.61p. I have been assured that the recordings have been withdrawn from Spotify and steps taken to ensure that this will not arise again. £1.61 gross on 618 streams, then reduced from gross to net artist royalty on tracks improperly provided by UMG - a shareholder in Spotify? Is this seriously being presented as a future for the industry? From my answer… dear mr. Power Possessor, many thanks for this, and is under discussion within the DGM Team. i note the royalty rate arising to Island UMG is modest, and that the proportion due to artists likely to be somewhat more modest than that. in quantitative terms, this is a waste of time & energy for all of us; and my own concerns do not stretch as far as your own. let's hope the old chestnut is well roasted this time! 12.54 The street I…  II...  III...  IV...  V...  VI...  VII...  VIII...  To a valued e- correspondent… my current thinking has creative juice moving in 6 ways: possessor of possessed by attributed to distributed among borrowed stolen. the notion of genius as moving between the members of a group - distributed - rather than "belonging" to any of them, is an interesting one? 20.34 An evening practising. Dribble. Search Robert Fripp's diary archive. |
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