December 20, 2007
WIRED – whose editor-in-chief Chris Anderson sits on MidemNet’s Visionary Chair Committee – has just proved once again why it is so essential: if you haven’t yet read the exclusive chat between Radiohead’s Thom Yorke (left) and former Talking Heads frontman David Byrne, get over there now! Byrne’s analysis of old and new artist deal models is equally insightful…
Yorke’s choice quote: “In terms of digital income, we’ve made more money out of this record['In Rainbows'] than out of all the other Radiohead albums put together, forever — in terms of anything on the Net. And that’s nuts. It’s partly due to the fact that EMI wasn’t giving us any money for digital sales. All the contracts signed in a certain era have none of that stuff.
Byrne’s choice quote: “The future of music as a career is wide open [...] what we now call a record label could be replaced by a small company that funnels income and invoices from the various entities and keeps the accounts in order.”
Photo: James Day