Ha! Their homepage (www.hipgnosissongs.com) is full of Youtube embeds of songs they own.
This is not the Bond villain we want.
A Man Who’s Spending $1B to Own Every Pop Song
21–30 of 245 posts
Re: A Man Who’s Spending $1B to Own Every Pop Song
#22Thank you, if you try to make anything from that, we'll he a much healthier recorded music market.
A billion dollars seems a bit low though, no? Surely he's gonna miss a lot.
Re: A Man Who’s Spending $1B to Own Every Pop Song
#23This new moment of marketization is interesting to observe from the sidelines. I'm a musician but I've never gotten paid for making music and don't want to be. This way, songwriting and playing music can remain something I do purely for the intrinsic joy of it. And it's not really so long ago that, if you wanted music in your house, you had to play it yourself. I have nothing against recorded music or professional mu…
I could also write my own novels and produce my own TV shows but they wouldn't be as good as what an Orwell or Sorkin could produce.
Re: A Man Who’s Spending $1B to Own Every Pop Song
#24This is what's considered innovation. It's not innovative in that he's solving a problem but just an innovative way to try make more money.
What's to say he's not trying to provide an innovative service? It'd be interesting to be at least able to license most pop music from one place, not that this is an ideal way to get there. If he prices pop music out of the culture, then less popular music becomes a viable alternative.
Re: A Man Who’s Spending $1B to Own Every Pop Song
#25"I don’t believe in material things."
Wants to own everything musical and starts up a billion dollar fund to do so.
Re: A Man Who’s Spending $1B to Own Every Pop Song
#26This new moment of marketization is interesting to observe from the sidelines. I'm a musician but I've never gotten paid for making music and don't want to be. This way, songwriting and playing music can remain something I do purely for the intrinsic joy of it. And it's not really so long ago that, if you wanted music in your house, you had to play it yourself. I have nothing against recorded music or professional mu…
I could also write my own novels and produce my own TV shows but they wouldn't be as good as what an Orwell or Sorkin could produce.
Do the things you do have to be world-class all-time greats in order to be worth doing?
Re: A Man Who’s Spending $1B to Own Every Pop Song
#27Has he never heard of the Hunt Brothers and their attempt to corner the silver market? Supply & Demand dictates that prices can go higher than you are liquid.
Re: A Man Who’s Spending $1B to Own Every Pop Song
#28The issue there is that new songs ans creativity destroys value of old songs and so this way of treating copyright plus no entries to public domain means that old songs will be pushed forward all the time whereas new songs have no incentive at all to emerge. Especially if distribution is consolidated between a few actors.
Oh how I totally disagree with you... I thought I'd never move on to listen to "what kids listen to these days" and "most of it is crap". And then a cousin (with similar music taste) pointed me to "Post Rock" genre.. Mogwai (yes from the movie), Bloc Party, Sigur Ros, God is an Astronaut, 65daysofstatic.. I now split my time between good old classic heavy metal (Iron Maiden - Iron Maiden)(anything after 7nth son is j…
You might want to try the band "This Will Destroy You". I bet it's right up your alley.
Re: A Man Who’s Spending $1B to Own Every Pop Song
#29Would be nice if he bought them to make them free.. this is just another capitalistic play by those who are already wealthy.. great..
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Re: A Man Who’s Spending $1B to Own Every Pop Song
#30He raised $1B of others' money; he hasn't spent anything close to that yet, even in aggregate. The article is extremely light on details of why this guy thinks he can turn a bigger profit off these song catalogs than the traditional publishers can, but I guess he's cutting a lot of fat compared to the big publishing houses? This seems positive to me because it's shifting more money towards the artists: "In the music…
That's optimistic of you to think that he's going to give more profits to the artist.
Nitpick: To the songwriters.