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Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

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Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#91

Post by freejazz »

windowsrookie wrote: post #49
freejazz wrote: post #43

Earlier quoted context omitted.

Why would licensing revenue for hit songs collapse?

Most of the Red Hot Chili Peppers hit songs are pushing 30 years old. Their songs have already hit their peak popularity and will only be declining from now on. This along with AI generated music flooding the market. An AI generated song has already been #1 on the iTunes Charts. AI generated music is only going to get better and more popular. Future TV shows/movies/etc. will likely just be generating their own music,…

> Most of the Red Hot Chili Peppers hit songs are pushing 30 years old.

And? That hasn't been a problem for other artist catalogues

>An AI generated song has already been #1 on the iTunes Charts.

Yeah? It's a real big hit, huh? If you believe all of this, then I can see how it would make sense. It doesn't really pass the sniff test.

>Future TV shows/movies/etc. will likely just be generating their own music, rather than paying royalties for "hit songs".

Why would they? They can already have knock-off whatever song they want for a trivial cost

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#93

Post by Forgeties79 »

windowsrookie wrote: post #49
freejazz wrote: post #43

Earlier quoted context omitted.

Why would licensing revenue for hit songs collapse?

Most of the Red Hot Chili Peppers hit songs are pushing 30 years old. Their songs have already hit their peak popularity and will only be declining from now on. This along with AI generated music flooding the market. An AI generated song has already been #1 on the iTunes Charts. AI generated music is only going to get better and more popular. Future TV shows/movies/etc. will likely just be generating their own music,…

Mixtape (game) clearly shows the power of and demand for familiar songs. See also: wedding receptions.

People don’t want just want “song sound good enough.” They have connections to specific bands/artists. Music is like…50% about the song, 50% about the memories associated with the band/album/song.

Random AI generated stuff…call me old fashioned, but I just don’t think it’ll make real music by real people go out of fashion.

Plus there’s live shows.

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#94

Post by [deleted] »

windowsrookie wrote: post #49
freejazz wrote: post #43

Earlier quoted context omitted.

Why would licensing revenue for hit songs collapse?

Most of the Red Hot Chili Peppers hit songs are pushing 30 years old. Their songs have already hit their peak popularity and will only be declining from now on. This along with AI generated music flooding the market. An AI generated song has already been #1 on the iTunes Charts. AI generated music is only going to get better and more popular. Future TV shows/movies/etc. will likely just be generating their own music,…

[deleted]

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#95

Post by esseph »

conradfr wrote: post #55
esseph wrote: post #38

Earlier quoted context omitted.

Californication was 2000. I think a single came out in the summer of 1999 off that album though.

The Californication album was released in 1999, the song Californication as the fourth single was in 2000.

Ah the album came out June 8, 1999.

Okay I still don't call that the "90s" :) The album's lifetime was very much the early 2000s!

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#96

Post by nutjob2 »

ryandrake wrote: post #73

As someone not in the industry, what exactly does it mean? The band no longer can perform the music? They no longer get royalties? They no longer can profit at all from the music? They no longer have control over where/how it's sold? Or, something else? What exactly is Warner/Bain buying?

They have an asset that earns regular income. They are selling the asset and forgoing the regular income in exchange for a lump sum from the sale.

For instance if you own a rental property, you get regular income from rent. If you sell the house you get a lump sum and no longer get any rent.

In this case the asset is musical recordings.

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#97

Post by triceratops »

tptacek wrote: post #77
mxfh wrote: post #7

This is one of the reasons we can't have proper soundtracks in video games or non AAA TV shows anymore or re-releases of old TV-shows anymore. I just feel bad for all the pension fonds backing this Bain Capital PE joint venture who will have an off chance of making back their investments with the current state of IP and AI trends.

A valid concern generally, but if you're concerned about soundtrack quality, RHCP has done the world a favor by locking it up inside Warner.

Savage

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#98

Post by snapplebobapple »

slumberlust wrote: post #79
stephenhuey wrote: post #40

Earlier quoted context omitted.

Under the Bridge is still my favorite... Sometimes I feel like I don't have a partner Sometimes I feel like my only friend Is the city I live in, The City of Angels Lonely as I am, together we cry

Agreed by far their best. Others still slap though. The intro to Snow is great too.

Also pretty little ditty

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#99

Post by [deleted] »

freejazz wrote: post #91
windowsrookie wrote: post #49

Earlier quoted context omitted.

Most of the Red Hot Chili Peppers hit songs are pushing 30 years old. Their songs have already hit their peak popularity and will only be declining from now on. This along with AI generated music flooding the market. An AI generated song has already been #1 on the iTunes Charts. AI generated music is only going to get better and more popular. Future TV shows/movies/etc. will likely just be generating their own music,…

> Most of the Red Hot Chili Peppers hit songs are pushing 30 years old. And? That hasn't been a problem for other artist catalogues >An AI generated song has already been #1 on the iTunes Charts. Yeah? It's a real big hit, huh? If you believe all of this, then I can see how it would make sense. It doesn't really pass the sniff test. >Future TV shows/movies/etc. will likely just be generating their own music, rather t…

[deleted]

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#100

Post by amarant »

bryanrasmussen wrote: post #39
amarant wrote: post #32

Earlier quoted context omitted.

In Europe it's cheating. Queen is from Europe. But yeah, Californication is pretty much my only rhcp reference. Also: what do you mean "older people"? I ain't that old yet! Shakes fist at cloud

>In Europe it's cheating. Queen is from Europe. Queen is from one country in Europe, there are many countries in Europe. Anyway following your argument - who do you think is more recognized in Mexico: Queen or RHCP?

Lol, not sure if you went through my comment history and already know that I currently live in Mexico, if not, that's a funny coincidence!

It's a lot less clear cut here than in Europe (I'm from Sweden originally), but I do think Queen wins out. I stand by my statement that it's cheating on Europe, but Queen is bigger and better than rhcp no matter how you look at it.

How are they in the states? In the US rhcp has the home field advantage(or cheating as I called it the previous comment), but I kinda think Queen is bigger even so. That said I've never even visited the US so that's just 100% speculation on my part.

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