(02-24-2013, 06:25 AM)midnightblues Wrote: 
It would be awesom if some of these Newport business men would be willing to bankroll a privite label for Hales. That they could invest in Her
This was also discussed last night, but ultimately, in 'the business' world, there are dances that need dancing, 'T''s that need to be crossed, and contract experts whose job is to do what's best for the company and the artist.
I know of some that want to help badly, even if it means payrolling the artist. Problem is, when we talk about the amount of money that takes, sometimes it results in a feeling that something is 'owed' to the provider, even if they say that it isn't. It's human nature, if you are to invest that kind of money, eventually, someone will feel like there's obligation, whether it's verbalised or not, regardless of how altruistic your intentions are....it's human nature.
That's why contracts exist, the emotion is removed and there is clear deliniation of what is expected and what is provided.
In the smaller scale, lending someone $100 doesn't really mean much. When you talk about tens of thousands of dollars, maybe hundreds of thousands of dollars...then suddenly things are 'on the line'... some kind of 'return' will eventually be expected. It's human nature.
Maybe, I'm assuming incorrectly, but I have to think these business people are successful by making decisions that are more sound than to invest in an entertainer...especially in the climate the music business finds itself, and not to forget the losses due to piracy and illegal downloading as well as the legal hassles of protecting your intellectual property.... It's just not 'a sure bet', no matter how much you believe in the artist.
Over the years, the recording industry has seen a steep decline in profits and profitability for numerous reasons...these business people did not become successful by investing in an ailing industry that has seen better days.
