Originally posted by kingdavid
And he doesnt have any love for them,otherwise he wouldnt be waiting for them to go bankrupt!

I do not have love for records companies, and I have also said they were vampires :)

I know my way around them, and I also know they are a necessary evil. Of course, musicians couldn't deal with all the hassle of show business. They couldn't promote themselves on international levels, deal with ASCAP, and everything music involves once it starts being a job(it's quite fun sometimes)

One guy has understood something, it's VIRGIN's boss, BRONSON(can't remember his name). He has created his label with in mind the artist and the public. Since his company has grown so much, I guess they now work like all majors do, but still, that guy became rich thanks to his artistic vision and unique way of dealing with artists.

You said my idea wouldn't serve the Companies, of course, they wouldn't have 80% of the profit like they do right now!!! :( If the contracts specified that the company could make say, the double of the money they put on the line, then the profits would only be the artists'(the company taking money to cover the cost of making the CDs, promotion etc...), wouldn't it be a better deal for the artist? Well, we all talk about piracy, but would we all download stuff if we really stole from the artist (if you had to pay ONLY the money the artist makes on all the tracks you have downloaded any of you guys, I'm pretty sure you would have less than 200 bucks to pay). And of course, the price of the CDs would drop a lot (since the label doesn't take interests after a number of copies)

How would I run a company? I'm creating one this month. If I ever hire people (which I don't plan to do for some time, since it's an individual company) I'd put my job on the line every year, where employees would elect me or not (there's a company in France that has done that for 30 years, the guy just retired, and he was considered as the most loved boss ever). But I'd do what I just wrote, make maybe the double of the money I invest, then it's all the artists'. I would find a way of making them be a part of their success (promoting, giving clinics or whatever) but profit would not be my goal...
It's a gamble to work that way, since the guy who's successful and the guy who barely makes it give you the same ration of interest (200%) But I guess you can't be an artist's boss if all you try to do is take his money from him....