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Interesting PJ news on MSN

pjfanatic10pjfanatic10 Posts: 15
edited February 2008 in The Porch
Artists and Labels: Still, in light of the success of Radiohead's "In Rainbows," expect to see more big-name acts breaking off ties with major labels and either going the independent route, or taking a more do-it-yourself approach. Trent Reznor, who recently left Interscope Records, has already announced plans to sell the next Nine Inch Nails album for $5 a pop via the band's Web site. Madonna has signed a $120 million deal with the concert promotion behemoth Live Nation, auguring a tectonic shift in her allegiance after she delivers her final album under her Warner Bros. Records deal this spring. And big names acts including Prince and Pearl Jam are all rumored to be exploring similar, alternate avenues.

And big names acts including Prince and Pearl Jam, are all rumored to be exploring similar, alternate avenues. Those artists, especially baby bands, who opt to stick with the big boys may find themselves increasingly pressured to ink so-called "360 deals," which allow labels to take a chunk of profits from touring, merchandise and other previously off-limits revenue streams, in exchange for more long-term promotion and support.
David St. Hubbins: "It's such a fine line between stupid, and clever."


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7/19/1998-Portland
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