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BagShotBullets Profile
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Re: ritchie statement in new bn cd


quote:

Early Eighties fan wrote:

Of course they are, there is absolutely no way any of these guys are struggling for money.




I'm sure you are correct.......

BUT I think you would be better to say "there absolutely no way any of these guys SHOULD BE struggling for money"

I say that because the reality is nobody actually knows if they are or they are not. it would not surprise me to find that Purple need to tour to earn as does Blackmore. Perhaps due to excesses of earlier times, or do to other circumstances, but nothing is certain at all in this life, except death and taxes!

I've been surprised at how various seemingly very wealthy "stars" have turned out to be either on the point of bankruptcy or have quietly gone down that road. There is a vast amount of money being made in the Music Business, but getting your hands on it, as an artist, is far from easy, as these, seemingly very wealthy but actually failed "stars" are testament!
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Re: ritchie statement in new bn cd


Wasn't Elton John in that situation? Talk about someone who made a ton of money. And in film, anyone noticed how many films Nicolas Cage made? Apparently he has significant debt he needs to pay off, at least that was the rumor.
18/9/2017, 5:45 Link to this post Send Email to mtb7   Send PM to mtb7 Blog
 
BagShotBullets Profile
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Re: ritchie statement in new bn cd


quote:

mtb7 wrote:

Wasn't Elton John in that situation? Talk about someone who made a ton of money. And in film, anyone noticed how many films Nicolas Cage made? Apparently he has significant debt he needs to pay off, at least that was the rumor.



I'm sure you're right on both and this is what I mean, despite the apparently hi-roller status these guys enjoy, often the reality doesn't support it and their life style is more precarious than anyone might think, given their public persona.

I don't doubt that Blackmore is very comfortably off, I'm not convinced he's mega rich and the same applies to the rest of the Purple crew. Gillan was a serious drinker, which doesn't usually go well with good money management, making financial decisions while drunk, doesn't usually lead to a great result!!
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Re: ritchie statement in new bn cd


quote:

mtb7 wrote:

Wasn't Elton John in that situation? Talk about someone who made a ton of money. And in film, anyone noticed how many films Nicolas Cage made? Apparently he has significant debt he needs to pay off, at least that was the rumor.



Wasn’t aware of Elton J being in that situation, although he has had some hefty legal bills over the last 18 months or so….  !!

Pink Floyd were broke around the time of the wall, investments in a mine went awray and the management hadn’t paid tax on the previous earnings, unbelievable yet it’s not, as we now know this has happened to a number of other acts. Kiss, in the mid 80s were brassic.

I imagine DP need to keep working, yeah, lifestyles have to be maintained and LP sales haven’t been strong for 20 years or more.
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harryurz Profile
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Re:


Seems to me the music business is one where the financial dynamic has traditionally been very strange to us mere mortals.

Musicians have had huge advances paid to them on yet-to-be-recorded albums, and then squandered vast amounts of cash and the album gets done on a shoestring.
Similar to promo videos; the budget gets nearly spent on the video for the first single, and the second single promo (or even third) is a very obvious cheapo affair!! Its fun trying to spot the scenario with several 1980s bands!

I cant recall who it was that recounted a story of a band, flush with money, booking a limo for each band member to pick them up from the airport on tour and take them to the hotels and venues. When they were told the band were paying for the limos out of their own cash they quickly stopped!!

Some don't even get paid for services rendered; i.e. Tony Carey/Rainbow, and Roger Glover/producing Judas Priest.

Last edited by harryurz, 20/9/2017, 9:08
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Re: ritchie statement in new bn cd


or song writing contributions, Don and Graham allegedly on Down to earth.

re limos..... think I've read that too. could it have been the unauthorised Yngwie biography 'As above, so below'.

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Re: Re:


quote:

harryurz wrote:

Seems to me the music business is one where the financial dynamic has traditionally been very strange to us mere mortals.

Musicians have had huge advances paid to them on yet-to-be-recorded albums, and then squandered vast amounts of cash and the album gets done on a shoestring.
Similar to promo videos; the budget gets nearly spent on the video for the first single, and the second single promo (or even third) is a very obvious cheapo affair!! Its fun trying to spot the scenario with several 1980s bands!

I cant recall who it was that recounted a story of a band, flush with money, booking a limo for each band member to pick them up from the airport on tour and take them to the hotels and venues. When they were told the band were paying for the limos out of their own cash they quickly stopped!!

Some don't even get paid for services rendered; i.e. Tony Carey/Rainbow, and Roger Glover/producing Judas Priest.



The Music Business makes the Wild West look like a kiddies tea party. People involved in the Music Business do things they would never dream of doing, or be able to get away with, in any other normal business. The tale of musicians who have earned fortunes and seen none of it, are legend, the money mysteriously "disappears".

I know someone who was signed to a really major international label and was given access to a £250,000 advance to record the first album etc etc. Of course the money could only be spent in the studio chosen by the label, using the producer they chose, with video by their chosen video company and so the list went on. After agents fees were taken out( this was done as a side deal by one of the record co execs, somewhat predictably!) it all end up that the person involved became bankrupt due to owing £250K to the record company!

The Cd was a flop and would never have recovered anything and the whole deal was really there just so the "side deal" could go on. Basically the label exec, employed by the major label, while drawing his label salary also coned artists out of cash they had for a supposed advance. All done perfectly legally, of course, but it was just a scam from start to finish. Just a way for an exec to suck more cash out while he could.

So for all the dreamers out there who can't wait to be "signed by a major label" time to waken up and smell the coffee, the custard is shark infested and you'll just get eaten alive. Why ? Coz you're following your dream, and that's all it is a dream, but it makes you totally vulnerable to being totally manipulated. The money men just follow the money and f*ck your dream nonsense, they don't care at all, its only about money!

Music Business is a very hard and difficult business to survive in at any level. It was much easier back in the day, now it's much more complicated and mature and the very few of the now "old rock stars" would even get a look in today, never mind a deal.

Money, Money, [sign in to see URL] got it right!
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Concrete god Profile
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Re: ritchie statement in new bn cd


So the conclusion is that if you are a rock star, beware..
You could end up on the street. emoticon
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Re: ritchie statement in new bn cd


quote:

BagShotBullets wrote:

quote:

mtb7 wrote:

Wasn't Elton John in that situation? Talk about someone who made a ton of money. And in film, anyone noticed how many films Nicolas Cage made? Apparently he has significant debt he needs to pay off, at least that was the rumor.



I'm sure you're right on both and this is what I mean, despite the apparently hi-roller status these guys enjoy, often the reality doesn't support it and their life style is more precarious than anyone might think, given their public persona.

I don't doubt that Blackmore is very comfortably off, I'm not convinced he's mega rich and the same applies to the rest of the Purple crew. Gillan was a serious drinker, which doesn't usually go well with good money management, making financial decisions while drunk, doesn't usually lead to a great result!!




You mean like Ian Gillan joining Black Sabbath? emoticon
20/9/2017, 16:53 Link to this post Send Email to Concrete god   Send PM to Concrete god Blog
 
BagShotBullets Profile
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Re: ritchie statement in new bn cd


quote:

Concrete god wrote:

quote:

BagShotBullets wrote:

quote:

mtb7 wrote:

Wasn't Elton John in that situation? Talk about someone who made a ton of money. And in film, anyone noticed how many films Nicolas Cage made? Apparently he has significant debt he needs to pay off, at least that was the rumor.



I'm sure you're right on both and this is what I mean, despite the apparently hi-roller status these guys enjoy, often the reality doesn't support it and their life style is more precarious than anyone might think, given their public persona.

I don't doubt that Blackmore is very comfortably off, I'm not convinced he's mega rich and the same applies to the rest of the Purple crew. Gillan was a serious drinker, which doesn't usually go well with good money management, making financial decisions while drunk, doesn't usually lead to a great result!!




You mean like Ian Gillan joining Black Sabbath? emoticon



Was Gillan joining Sabbath a good financial move, I've no idea but perhaps he was well paid??

As a musical move it was a car crash I think it's fair to say. But if he agreed when it was drunk, which seems likely, then it clarifies the point that drinking and making big decisions don't sit well together!
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