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1/ "Revenue generated by independent, self-publishing musicians now represents 7% of the global recorded music business. Artists that do sign up to major labels want better terms and distribution-only deals, weakening the hand of record companies." wsj.com/articles/music…
2/ "In a traditional major-label deal, the musician might get a 25% cut of royalties with most going to the record label. In a services-only contract, that ratio is often inverted”

Wholesale transfer pricing- who gets the biggest slice of the value chain? 25iq.com/2018/09/01/les…
3/ "I don’t agree that anybody should sign 360 deals or sign away their publishing.” Chance the Rapper

”You could sell weed and make a little money, but most of it gets made for who you’re selling it for. It's the same thing in the music business” Rza 25iq.com/2016/01/02/a-d…
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Tren Griffin
@trengriffin
Bloomberg: "Private equity titans Blackstone and Carlyle are sending a message to portfolio companies: Do whatever it takes to stave off a credit crunch.... a growing wave of corporations drawing down bank credit lines." google.com/amp/s/finance.…
During the Dotcom and telecom busts the cash spigot closed fast. For example, in January 2001 a telco could raise $1B and by March not be able to raise five cents. There is more cash right now than 2001, but it will drive a hard bargain. This is not a good time to need cash.
25iQuiz: Who said?

"The right time for a company to finance its growth is not when it needs capital, but rather when the market is most receptive to providing capital.”

Who said:

"The past is always triple-A. But if we try to make the future triple-A, we have no future."
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Tren Griffin
@trengriffin
Do you find yourself acting reacting with equanimity to recent market price decline? Did you make it easier to do so now with wise portfolio allocation put in place long ago?

"Success means being very patient but aggressive when it's time." Munger 2004 BRK annual meeting
"I can’t give you a formulaic approach, because I don’t use one. And I just mix all the factors and if the gap between value and price is not attractive, I go on to something else. And sometimes it’s just quantitative." And sometimes it isn't. It depends. google.com/amp/s/fortune.…
How is the stock price drop impacting you? Are you relatively calm?

"Warren and I aren't prodigies. We can't play chess blindfolded or be concert pianists. But results are prodigious because we have a temperamental advantage that more than compensates for a lack of IQ points.”
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Tren Griffin
@trengriffin
"SpaceX is extremely vertically integrated [and] manufactures and assembles approximately 70% of its launch vehicles in-house."

Wholesale transfer pricing, supply chain and systems integration control.

Contrast: ULA aggressivly outsources rocket parts manufacturing.
"Elon Musk said he sees the launch opportunity at ~$3bn a year, but the broadband opportunity as an order of magnitude larger at $30bn." Morgan Stanley, March 2020

25iQuiz: Which category isn't growing TAM even though price per kilogram delivered to orbit are dropping?
"Musk sees Starlink as the way for SpaceX to fund the development of Starship. SpaceX revenue from launches likely peaks at about $3 billion a year but said he believes internet service revenue is potentially ‘more like $30 billion a year.’” June 2919 cnbc.com/2019/06/27/spa…
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Curation Mostly....🤔👨‍💻
@CurationMostly
A running thread of things that @Twitter could do to unlock value for users. Will add to overtime. Please feel free to retweet and reply with your own, most of these below I have just taken and summarized from others. In no particular order. 1/♾ #JustKidding 🤔 or am I?
@Twitter I drafted a tweet on my phone but of course, can't access "draft's" on the desktop. So lets maybe start there. The desktop and @Tweetdeck version should be MORE robust than the mobile app not less. Tweetdeck, for example, has no bookmarks, emoji's, live video, polls, gif's, etc
@Twitter @TweetDeck There are SO MANY great meaningful quotes, threads, replies, and conversations that vanish into the Twitter ether, drowned out by hot takes, snark, and 280 character riffs on what some influencer or politician just did. Find a way to collect and resurface this treasure trove.
Read 80 tweets
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Nosferatu V. Karenina
@NosferatuVK
It’s #Monday, I’m boozing it up at a 4 seat bar, the #barkeep is a long pourer, and I’m all fucking set if I get something stuck between my teeth.👇🙃 #RandomThoughts #drinking #OutAndAbout
Shooting the shit with a friend, she’s proud to be doing well with her plants - unusual for her.

The key was a #video explaining the benefits of pruning.

She needs REASONS. She got them.

Apparently, pruning in a particular manner stimulates growth hormones.
#RandomThoughts
Of course, this led to me initiating a discussion about the #movie I just watched on Hulu, called “The German Doctor.”

The main character was Josef Mengele. #ThisHappened

People, this is why I’m known in my circles as “The Black Hole Of Conversation.” SMTH
#RandomThoughts
Read 239 tweets
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The Jollof Diary
@Thejollofdiary
#JollofMusic101 Dear Upcoming Artiste: Basic Music Industry Terms you Should Know

3) Indie Labels:
These are self-funded labels that is NOT affiliated to any Big Three Record Label. Affiliation in this regard could be seen in the case of Mr Eazi’s Banku Music label liaising...
Universal Music Group Nigeria & South Africa. After his affiliation with Wizkid’s StarBoy Records in 2016.

Indie Labels often operate solo and an example of one would be #RicHassani’s label called Riverland Records.

#JollofMusic101 #DearUpcomingArtiste #AfroBeat #AfroBeats
#JollofMusic101 Dear Upcoming Artiste: Basic Music Industry Terms you Should Know .
.
.

4) Manager:
A manager is an integral determinant in the making or marring of an artiste’s career. The manager guides and oversees the daily dealings of an artist.
Read 39 tweets
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Julia Serano
@JuliaSerano
sign up for my email lists (one for #writing, one for #music) & get free mp3s with each update! juliaserano.blogspot.com/2018/08/sign-u… #amwriting #LGBTQ #queer #feminism #bands
...the first mp3 will be "Bath Tub Orgasm" - pretty sure it's the only song ever to reference sex toys, the band BTO, and "Hocus Pocus" by Focus. you can listen to it here: bitesize.bandcamp.com/track/bath-tub… - and get a FREE copy if you sign up for the email list(s)!
...btw I will attempt to perform a *soft vowel sounds* version of "Bath Tub Orgasm" at my August 29th show (w/Scorpio Moon & @PolyPamBand), details in the photo. and here's the link to the FB invite for the show: facebook.com/events/9313503… #LGBTQ #queer #music #bands
Read 4 tweets
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David Perell ✌️
@david_perell
1/ Let's start with something controversial: the music industry is inverting.

🎶

2/ In 1781, Mozart moved from Salzburg to Vienna, the cultural capital of Austria, to advance his music career.
3/ At this time, Mozart could not record music, which made it scarce.

If you wanted to hear him play, you had to listen in person. Fans had personal relationships with their favorite musicians.
Read 20 tweets

Trending hashtags

#vinyl #Shaving #muffins #Movies #Assurance #pets #NBA #LachlanMurdoch #ETN #MaxClifford #startups #Twitter #HealthyEating #dogs #Costco #investors #Nigeria #Newsflash #GeorgeGalloway #Corporate #911Victims #nonsense #HongKong #AGirlNotGirlCanDream #billionaire

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