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Topic ClosedRadiohead quarrel over rights to 6 albums with EMI

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Angelo View Drop Down
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Direct Link To This Post Topic: Radiohead quarrel over rights to 6 albums with EMI
    Posted: December 28 2007 at 04:58
Record industry at it's best....

Originally posted by Undercover Music News December 28th Undercover Music News December 28th wrote:


EMI Would Have Lost £10 million To

Resign Radiohead

by Paul Cashmere - December 28 2007
photo by Ros O'Gorman

Radiohead became an independent band this year because EMI chief Guy Hands refused to resign them because they would have cost the company £10 million, UK newspaper The Times has revealed.

According to the article, Hands started renegotiating with the band's management not long after EMI was sold to private equity firm Terra Firma.

Hands offered the band a £3 million but they wanted more. The Times reports an EMI spokesman as saying "Radiohead were demanding an extraordinary amount of money and we did not believe that our other artists should have to subsidise their gains."

Radiohead's manager Bryce Edge told The Times, "we couldn't move ahead with EMI because Guy Hands irrevocably refused to discuss the catalogue in any meaningful way. We sold 25 million records and we have the moral rights over those six albums. We wanted a say in how they are exploited in the future. We were not seeking a big advance payment, or a guaranteed marketing spend as discussions never got that far."

EMI will have control of the 6 Radiohead albums for the next 50 years.

Their latest album 'In Rainbows' was available as a pay-what-you-like download. The band sold more than one million downloads under the experiment.

The album is officially released independently in Australia today and in the USA next Tuesday.

 





Edited by Angelo - December 28 2007 at 04:59
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Direct Link To This Post Posted: December 28 2007 at 05:51
I find it worrying that Guy Hands is now in charge of EMI anyway. This is a man who specialises in corporate takeovers and (correct me if I'm wrong) has no real experience of the music industry.
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Direct Link To This Post Posted: December 28 2007 at 18:26
Scary indeed. The quote in the Undercover above, and the ridiculous amount of time EMI will be in control over these albums says it all.
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Direct Link To This Post Posted: December 28 2007 at 18:28
You said it best, this is the music industry.
Luckily they got out while they could and hopefully the In Rainbows release will cause labels to reconsider their pricing and their policies.
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Direct Link To This Post Posted: December 28 2007 at 18:32
This is really unfortunate for Radiohead and bands like them.

The crusher is, when Radiohead released most of their early works, in fact just about everything before In Rainbows, digital downloads were not a popular medium so it was not included in their contract.
So, digital downloads of most Radiohead albums don't garner a single penny for the artists themselves, since the company owns the rights to digital distribution.  Particularly unfortunate since all of their albums are still relevant and popular.
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Direct Link To This Post Posted: December 28 2007 at 18:35
Radiohead albums actually aren't available on any internet downloading service to the best of my knowledge.
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Direct Link To This Post Posted: December 28 2007 at 18:45
OK that may be true, but it's a legal possiblity and it does extend beyond Radiohead.

Here's an excellent pair of articles:

Thom Yorke and David Byrne discuss the state of the music industry:
http://www.wired.com/entertainment/music/magazine/16-01/ff_yorke

David Byrne's guide to distribution options for up and coming artists:
http://www.wired.com/entertainment/music/magazine/16-01/ff_byrne

Quite enlightening I'd say...
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Direct Link To This Post Posted: December 28 2007 at 19:13
Interesting and enlightening, Chris. Nice reading....
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Direct Link To This Post Posted: December 28 2007 at 23:27
ahhh be prepared for a 'Best Of' Radiohead comp in the next 2 years..........EMI is sure to continue to milk the catalogue for all it's worth (which is a helluva lot)......
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Direct Link To This Post Posted: December 29 2007 at 01:08
Dare I ask why this is under General Music?
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Direct Link To This Post Posted: December 29 2007 at 01:14
50 years is absolutely insane.
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Direct Link To This Post Posted: December 29 2007 at 10:48
Originally posted by Man With Hat Man With Hat wrote:

50 years is absolutely insane.


You have to ask which berk got them to sign a contract with that presumably  legally binding clause...
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Direct Link To This Post Posted: December 29 2007 at 11:07
Originally posted by moreitsythanyou moreitsythanyou wrote:

Dare I ask why this is under General Music?


Because it's about the music industry in general - Radiohead is only the vehicle that started the discussion.
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Direct Link To This Post Posted: December 29 2007 at 23:24
In case anyone's curious, this is Thom Yorke's response as posted on their website:
for your information>>>


we did not ask for a load of cash from our old record label EMI to re- sign.
that is a L I E.
The Times in the UK should check its facts before it prints such dirt.

whAT we WANTED WAS some control over OUR WOrK and how it was used in the future by them-
that seemed REASONAblE to us,
as we cared about it a great deal.

Mr Hands was not interested.
So neither were we.

We made the sign of the cross and walked away. Sadly.

We are extremely upset that this crap is being spread about.

To bedigging up such bullsh*t, or more politely airing yer dirty laundry in public,
seems a very strange way for the head of an international record label to be proceeding.

On a happier note we took no 'BRead-HEAd' advances at all from both independent labels XL and TBD for our new record.

So judge for yourself.

AND we are really excited to be working with them. SHock!

AT least they do not behave like confused bulls in a china shop.

much love

thom
x


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Direct Link To This Post Posted: December 30 2007 at 04:49
Clap Clappies for Mr. Yorke. When I posted this,I didn't really look at the amount of money they were presumably asking for - it's the reaction of EMI and Guy Hands that made me jump.
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Direct Link To This Post Posted: December 30 2007 at 05:51
Originally posted by Dick Heath Dick Heath wrote:

Originally posted by Man With Hat Man With Hat wrote:

50 years is absolutely insane.


You have to ask which berk got them to sign a contract with that presumably  legally binding clause...
Sadly Dick that is common and standard: copyright of the recording will generally be owned by the record company and that is binding for legally 50 years after its initial release unless a speciic provision is written into the contract for reversing those those rights at some specified date. The 50-year period is not defined or mentioned in the contract itself, but covered by copyright law - which the artist may or may not be aware of. Contracts can also have lock-out clauses that prevents the artist from re-recording the tracks at a later date.
 
Whoever signed the contract wasn't a berk, just in a very weak bargaining position.
What?
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Direct Link To This Post Posted: December 30 2007 at 06:24
^True words Dean. I just check 6 random 2007 releases (self released excluded) and for only one of them does the band own the copyrights - Mar de Robles. All others are copyrighted to the record companies.
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Direct Link To This Post Posted: January 01 2008 at 06:09
The other side of the story comes out as well....

Originally posted by Undercover Music News January 1st Undercover Music News January 1st wrote:


Thom Yorke Says EMI Head Guy Hands Is Spreading Crap

by Paul Cashmere - January 1 2008
photo by Ros O'Gorman

Radiohead's Thom Yorke has bitten back at EMI head Guy Hands who announced to the press that his company did not resign Radiohead because they wanted too much money.

Hands suggested that the Radiohead deal with EMI fell over because the band wanted £10 million.

Yorke said that is "crap".

In a posting at his blog, Yorke has decided to set the record straight.

"We did not ask for a load of cash from our old record label EMI to re- sign. That is a L I E," he said.

He said the English newspaper The Times printed only one said of the story, what he calls the lie from Hands. "The Times in the UK should check its facts before it prints such dirt, he continued. What we wanted was some control over our work and how it was used in the future by them. That seemed reasonable to us,? as we cared about it a great deal".

He says Hands didn't get the creative control aspect of the negotiation. "Mr Hands was not interested, so neither were we, he said. "We made the sign of the cross and walked away. Sadly".

Since then, Radiohead released their 7th album 'In Rainbows' on online with a revolutionary new business model. They allowed fans to pay whatever they wanted for the album.

Yorke says this whole EMI/Hands thing in the press is upsetting. "We are extremely upset that this crap is being spread about. To be digging up such bullsh*t, or more politely airing yer dirty laundry in public,? seems a very strange way for the head of an international record label to be proceeding".

'In Rainbows' is released this week through independent label XL Recordings. Yorke says that the band did not take an advance from XL for the deal.



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