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APOLOGIES, IT'S KORN
We can understand Korn being excited by their deal with EMI - apparently, the label has forgotten its RIAA-given mission to use the money it makes to support struggling new artists and decided to just spunk about GBP7million straight into the cadaverous rock beast. What we don't understand is why Yahoo Music is so excited by the deal:
The British-based record company has signed the rock-rap act to a precedent-setting deal. In what may well be a template for future band-label contracts, EMI will not only take a cut of Korn's CD sales, but the company will also pocket around 25 percent of the act's publishing, merchandising and touring revenue.
Precedent-setting? In the sense that it's the first time a rock-rap act has ever signed a deal exactly the same as the one Robbie Williams signed a few years back?
2 comments:
Ah, but remember, the Americans tend to forget about Robbie's existence ;)
It's fair enough - they have enough else to worry about.
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