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Twisted Music in trouble
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| Domesticated |
This is horrible news. Twisted, Simon Posford's label, is on the verge of bankruptcy. Read on:
| quote: | So some fucker has released the album on the internet already…. thanks a lot, whoever it was… Maybe twisted will still recoup, maybe not… all i know is that we are teetering on bankruptcy, and are seeking deals elsewhere…. the 12 loyal fans on this forum are not enough to sustain a record label…. How much do you think Twisted has in the bank account? Have a guess? More than $10,000 ? More than $20,000 ? Well it is actually less than $1,000….. Raj and i haven’t even been paid our advance for this album…. All the artists on twisted are seeking deals with other labels now… We can’t pay a label manager, and we can’t pay the artists…. always putting our hope in ‘just ONE more release’.... “We’ll be ok if the DVD sells”....“Surely the Shpongle CD will sell, right?”
This sucks, for Twisted, for myself and Raj who have spent 3 years working on the album….
Just as i started looking around and posting on this forum again, i remembered why i shouldn’t bother….
I’m outta here… Soon to be followed by Younger Brother and probably Twisted…
Enjoy. |
http://www.twistedmusic.com/forums/...3674/P15/#17484
Buy a copy of the new album! |
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| Spacey Orange |
| that's a fucken shame. hadn't planned to buy any CDs anytime soon, but i'm putting this on my 'to do' list.:( |
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| RebeL9 |
| that's really sad. Few labels have had such a consistency when it comes to quality as Twisted. |
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| Sand Leaper |
I read the rest of the thread, and it very much reads like the same old disgruntled story from oldschoolers who refuse to mutate along with the rest of the music industry:
| quote: | | I started making some of the trance that probably fills your 100Gigs hard drive before i’d even heard of the internet… and i didn’t need the internet to find a deep love of music… the rush of buying a new vinyl, of collecting every release/picture disc by my favourite artists…. discovering new music i liked, all underground, no radio-plugged mix CDs or whatever… ALL without the internet! |
| quote: | | It’s all very well to speculate, but i can tell you as a fact, we made more money before file sharing… we could survive… now not so…. and i think you will find it the same all over the music business… the argument that “file sharing is promotion” is probably valid…. in fact, i agree…in a way it serves a similar purpose to radio…. but the argument that “file sharing is promotion and therefore you will sell more CDs” is clearly absolute bollocks, otherwise the music industry would be booming right now! |
And so on and so forth. I mean really, how could you not be expecting your promos to get leaked and not plan accordingly in the year 2009? In addition, when looking at the way Posford dismisses criticism of the album in that thread, it seems as if he hasn't even considered the possibility that they do not sell records simply because people do not consider them good.
Demonizing the very same people who buy from your label on your label's forum is not a good look, especially when you are too lacking in insight to recognize the flaws of your own business model. Time for a reality check, me thinks. |
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| SYSTEM-J |
To be fair, if all the artists will simply seek new labels then it isn't as though the music will die. Even in the heyday of the 90s, when dance music had real money in it, labels went under every month, to the extent Stress Records had massive celebrations when they survived a decade.
Twisted have already lived a charmed life to survive 13 years through the financial hardships of the last decade. |
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| palm |
| as much as i love halucinogen i think its sad that he wont addapt to the new world. u dont need a label manager if your only releasing your own stuff (which everyone should these days imo), theres no need for labels anymore, or atleast there so need to have any actual costs in it. besides im sure simon has great income from livegigs? he shouldnt even need a promoter. is his tracks even on iTunes? While i hate that its soo hard to make money on music nowadays i really think its somewhat healthy because alot of these oldschool-dudes had it too easy in the 90s. Also i think music in general was too expensive before. |
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| _IDS_ |
I'm sad about that, really.
Now I think you can't just stand for years without producing a new Hallucinogen album (1996, 1999?!), and then say that Twisted Label isn't healthy!
How many times listeners have asked? Now look at the result...This isnt the only reason, but certainly a major point!:( |
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