Latest / The Price of Music / Ozzy Osbourne is... back?; Spotify's new tickets-for-fans feature; Does recycled vinyl sound good?; Drake's hit trio of albums; and Badger Badger Badger Badger...
Transcript
- 0:03Hello, and welcome to The Price of Music, brought to you by
- 0:05Music Ally. If you want an easy guide to
- 0:07what's going on in the music industry and how it all works,
- 0:10then here we are looking at the finances of the music industry.
- 0:13We're also bringing you the stories and comments from the
- 0:16pop business in the last week. He's Stuart Dredge.
- 0:18I'm Steve. Wait a minute.
- 0:20I'm Joe Sparrow. Let's start with the financial
- 0:23facts which caught your eye this week.
- 0:25Yeah, I've got a big number to tell you about.
- 0:28My big number is 1.16 billion and that is the number of
- 0:33streams so far, with an asterisk that I'll get into for Drake's
- 0:37three new albums which came out on 15th of May.
- 0:41Right. OK, so for people who are not
- 0:45Drake mega fans, he released not one, not 2, but three albums on
- 0:50one day previously known as the triple album I guess.
- 0:53But these are three individual albums.
- 0:55It's true. Yeah.
- 0:56So like for the last year I think he's been teasing this new
- 0:59project while occasionally doing record labels and shooting
- 1:03called Iceman. And that's the main album that
- 1:06came out. But yeah, on the day he was like
- 1:07ha ha. I've got 2 new albums as well.
- 1:09So Iceman is the main album which I think and.
- 1:12That's an album of Vanilla Ice covers, is that right?
- 1:14It is, yeah. Just just just covering Vanilla
- 1:17Ice's first album by Jack and that's I guess that's just kind
- 1:22of his traditional up. Then there's Habib tea, which is
- 1:25I think I'll I'll describe it as sad bangers.
- 1:27So it's more RMB mellower and then maid of honour, which is
- 1:31happy bangers. So that is more housey.
- 1:34So it's kind of there's there's kind of a there's a genre split
- 1:38here and they all came out and on the day they broke various
- 1:41records on all streaming. So as every big new album seems
- 1:43to like, you get these press releases saying it's the the the
- 1:47most first day streams by a Canadian rapper whose surname
- 1:50begins with D You know, this year everything breaks records.
- 1:54So my question is, why do we care?
- 1:56Like why? Why does these big numbers feel
- 1:59important when we talk about Drake?
- 2:01Well, I think it's the discourse, isn't it?
- 2:04Which I know we're only adding to, but the discourse around
- 2:07this is, can Drake come back from the Kendrick Lamar thing
- 2:12where? And again, without wading into
- 2:14those waters and getting us in trouble, I think it was fairly
- 2:18the consensus was that he came out worse from that rap battle.
- 2:22Yes, and Kendrick Ross did rub his nose in it.
- 2:24Massive. Public humiliation, I think, was
- 2:26the. But he's still a big star.
- 2:28And so this, this project is quite important.
- 2:30And that's the, you know, is this Drake's, is it going to be
- 2:32a flop or is it going to be Drake's comeback smash?
- 2:35And those are the two narratives open to us.
- 2:37And nothing else is allowed. Yeah, and I mean, so that the
- 2:42figure I had was like 1.16 billion streams now like there
- 2:45are there are two singles that came out a year ago on this
- 2:48project and they've done lots of streams.
- 2:50So it's not a billion stream project yet because the it's had
- 2:54a lot of those two singles kind of skew it.
- 2:57But he's currently got, Drake's going to like it's got just
- 3:00under 98,000,000 monthly listings on Spotify.
- 3:03So it's taken him back to being the ninth biggest artists
- 3:07behind. And this May, this May smart a
- 3:09little, he's behind the likes of Bad Bunny, Taylor Swift, Lady
- 3:11Gaga, Michael Jackson, Rihanna. Last studio album came out in
- 3:17the 18th century, the weekend, Bruno Mars and Justin Bieber.
- 3:20He's got 141 million. So it hasn't taken him back to
- 3:23the top of the pyramid, but it's done all right.
- 3:27You know it's done all right. I'm no maths whiz, but even I
- 3:31know that if you release 3 albums at once you're probably
- 3:34going to triple the number of streams, right?
- 3:37Because you've got three times. What are you to listen to are.
- 3:40You going to divide the streams out are you going to divide
- 3:43like, say, Drake fans have a certain amount of time to listen
- 3:45to Drake when his new Predict drops are you not just kind of
- 3:48the same amount of streams spread over three albums I.
- 3:50Mean it feels a bit exhausting, doesn't it?
- 3:51I mean, famously, triple albums are very, very difficult to
- 3:53sell. You know, the clashes,
- 3:55Sandinista is kind of good. But you're, you know, you're
- 3:58always thinking, I wonder if we could have trimmed, you know, at
- 4:00least a third of these tracks out.
- 4:02And that's my first thought. Second thought is when you
- 4:05listed that top 10 on Spotify, this feels really solidified
- 4:08now, like these, these top artists, it feels like Bieber's
- 4:12going to be near the top forever.
- 4:13And it's, it feels like a sort of that, that that by looking at
- 4:20the all time numbers doesn't, isn't that quite reductive?
- 4:23Like, who cares? Because like the the top ten are
- 4:26always going to be a kind of, you know, a configuration of
- 4:29those. Aren't they pretty?
- 4:30Much. Yeah, although plucky young
- 4:32emerging artist Michael Jackson has just broken into top 10, so,
- 4:34you know. My lawyers have requested that
- 4:36you make no connection between Michael Jackson and Drake.
- 4:41But I think, I mean the, I think The thing is this is, this is
- 4:44what I was thinking about this story is that there's this rush
- 4:46to go. We have to dub it a success or a
- 4:48flop now. When in fact we need to exit a
- 4:52couple. So I was looking at like the the
- 4:5322 comparable albums this year. So BTS is our rang came out on
- 4:5620th of March, right? That's done 2.6 billion streams
- 5:02in in sort of two months more. Harry Styles kissed all the time
- 5:06dislocations that came out on 6th of March and it's got 1.05
- 5:10billion streams. So by that reckoning, Drake is
- 5:13already on course to be bigger than Harry Styles, his new
- 5:16album, but he be together. So I think in a couple of months
- 5:19time we can look at it, compare it to those who haven't said,
- 5:21OK, where is he in that upper echelon of new album?
- 5:24Yeah, there's this sort of allergy to having a flop ERA,
- 5:28isn't there? And if you think about Michael
- 5:29Jackson's pop career, he had a huge flop ERA.
- 5:32Like everything after Dangerous was pretty much a flop in terms
- 5:36of public success. You know, he never really
- 5:39rekindled the heights of even bad.
- 5:42So, you know, but then with hindsight, of course, catalog
- 5:45doesn't makes that a non issue. But like it's it's it's it sort
- 5:49of takes a bit of the risk taking out of it, doesn't it?
- 5:51I mean, OK, I recognise he's he released three albums, which is
- 5:53a risk. And they're three different
- 5:54types, which is a risk. But I'm sure an artist who has a
- 5:56budget of hundreds of millions of dollars can get the best
- 5:58songwriters and producers in the world, and you're sort of
- 6:01guaranteed a level of success, aren't you?
- 6:03Yeah. I mean, we should, we should nod
- 6:04to the theory online that was this is about him also by him
- 6:07fulfilling his contract with Universal Music.
- 6:10So he's got this deal. It's not really a standard deal.
- 6:12I think it's like a he, he redistributes through them.
- 6:15But it's and obviously he's also suing them for defamation.
- 6:18We have 3 left on this deal I guess.
- 6:20Well people are saying this is obviously about finishing up his
- 6:23contract and leaving. No one seems to be saying that
- 6:25claim who also has any receipts showing they know what the deal
- 6:28is like. It's a theory, not a kind of
- 6:31any, and there's no grounds in fact yet.
- 6:33But you and I know music industry lawyers and I feel.
- 6:36That they've probably, they would probably have put a clause
- 6:39in a contract saying, hey, you can't just like fart out three
- 6:42albums in order to get out of a deal, you know?
- 6:44Well, is that and that's exact that's exact wording.
- 6:47Yes, exactly. Yeah, but anyway, so yeah, but
- 6:50it's Drake is quite popular. It's by my not particularly
- 6:53revolutionary finding here, but I think we should try or try and
- 6:56avoid hot takes on a success until I don't know, mid-july and
- 7:00then we can go go in two footed with a flop or.
- 7:03I'm sure the Internet will respect your call for a pause
- 7:06and some waiting. OK, let's move on to the big
- 7:10news stories of this week. This is one of those things that
- 7:13sounds like it's going to be boring, but actually has
- 7:15interesting stuff in it. Spotify held its Investor Day
- 7:18last week, and it unveiled some new features, including two big
- 7:22pieces of music News 1 around ticketing and one around AI
- 7:27Stew. Pray tell.
- 7:28Yeah, well, it's so this isn't like you say, it's an event
- 7:30that's really about talking to Wall Street, I think, isn't it?
- 7:32And saying, look, look how well things are going and how
- 7:34brilliant we are and all our new things.
- 7:37Please send our shares soaring and make us rich.
- 7:40But it's also the day when they announce some quite big new
- 7:42stuff. So the ticketing one I thought
- 7:44was really interesting. So it's this thing called
- 7:46reserved. And basically what's going to
- 7:48happen is Spotify's now going to have access to tickets, some
- 7:52tickets for like hot tours and it's kind of superstar stadium
- 7:55and arena tours, but also smaller up and coming bands too.
- 7:58It's not just the biggest stars and what it's going to do or
- 8:01what it's algorithm's going to do is crunch data on listening
- 8:05and sharing and following and playlists and everything people
- 8:07have been doing and say, right, OK, I've got tickets for now.
- 8:10I'm going to say I don't know BTS as the hot tour.
- 8:13They haven't announced they've got BTS tickets.
- 8:15This is me saying as an example and say, OK, well, we know on
- 8:19the route of that tour. Here are the, I don't know, 2000
- 8:23biggest BTS super fans based on our algorithms crunching of
- 8:27data. We're going to notify an e-mail
- 8:29every single one of them and say we've reserved you 2 tickets.
- 8:31You don't have to join a queue. You don't have to, kind of.
- 8:33You don't get a code to get access.
- 8:35We've reserved them for you. Here's a link.
- 8:37You've got a day to go in, choose tickets and buy them.
- 8:42Now I kind of like this. I feel like this is this is the
- 8:45kind of thing that fans will potentially quite like, right?
- 8:48This sounds like a good use of data and geolocation and live.
- 8:53Yeah. And it's they've got to deal
- 8:54with Live Nation to do this and they're going to have other
- 8:56promoters. And I mean, it's, it's
- 9:00interesting though, I think because it it's by its nature,
- 9:05they can't say what the methodology is in too much
- 9:07detail because then obviously you'll be like, I'll wear them
- 9:09out to its BTS. I'm going to go and do this and
- 9:11that and this and that to game it.
- 9:13So you're going to have 2000 in that case, you're going to have
- 9:162000 super fans who are delighted.
- 9:19And you're going to have however many more who haven't been sent
- 9:22an e-mail notification going, well, I didn't get what?
- 9:24I'm a super fan. How why didn't I get in?
- 9:26So there is a risk there, I suppose, of the people you don't
- 9:28give stuff to. But yeah, it's.
- 9:30I mean, I, I do like it. I mean, because, you know, I,
- 9:31you know, every year I get my Spotify Wrapped and I discover
- 9:34I'm in the, you know, 0.1% fan group for a certain artist.
- 9:39And if I was told, hey, we know you live in Berlin, this artist
- 9:44is touring, I've got a ticket ready for you.
- 9:46I'll be really happy about that. Yeah, and it's kind of tackling
- 9:48that. It's part of the wider things.
- 9:50Tackle that thing of like people want to fill venues with real
- 9:52fans and real fans who haven't had to pay some tout 4 times the
- 9:57price. So yeah, I think it's it's a
- 10:01good idea. And details are relatively
- 10:03disgusting. Like they haven't said who
- 10:04they've got the first ones for, which artists are working with.
- 10:07That'll be quite important to understand the scale of it.
- 10:09It's starting in the US first. And they've actually stolen a
- 10:13bit of a March because a year ago the boss of Live Nation,
- 10:17Michael Pino, was doing an onion's call and he kind of,
- 10:20well, blabbed is the wrong word. I think he knew what he was
- 10:22saying. So oh, yeah, we've been talking
- 10:23to Spotify and Apple Music and Amazon about getting to giving
- 10:26tickets allocations to them. You know, we'll see who kind of
- 10:29who makes the best offer to us. And Spotify's deal is exclusive
- 10:33for I don't know how long, but it's exclusive.
- 10:36So it means its rivals can't do a similar deal for the moment
- 10:39with Live Nation to do this kind of feature.
- 10:41So it's not, it's kind of competitive fun and frolics and
- 10:45that score. I mean, it definitely gives, you
- 10:47know, we talked a long time about the streaming platform is
- 10:51trying to find differentiation between all these identical
- 10:54services and this is a real one, right?
- 10:56This is of interest. What about the AI announcement
- 10:59then? Yeah, well, this was really, it
- 11:00came out on the day and it was, it was Universal Music Group and
- 11:03Spotify, who have been working together on AI stuff for a
- 11:05while. They signed a sort of an
- 11:07agreement last year to work on stuff, and now they've firmed it
- 11:11up as, and I'll quote it, a new tool allowing fans to create
- 11:14covers and remix as their favorite songs from
- 11:16participating artists and songwriters.
- 11:19Which, alas, it's not a lot about letting you or me get our
- 11:22acoustic guitar out and murder a fate of Ophelia, as much as I'd
- 11:26love to do that. Do you know how it?
- 11:28Quite well, But yeah. And if you want to use this
- 11:30thing, it'll be an AI tool to kind of create these covers.
- 11:32You have to pay an extra fee. So it'll be something on top of
- 11:34your Spotify subscription. You'll pay for it to use it, and
- 11:38then the musicians will get royalties from that, or rather
- 11:40universal and labels will, and they'll print.
- 11:42So the idea is it's a way to use AI to make covers that the
- 11:45artist has said this is OK and they're going to earn money
- 11:48from. So my first question is what is
- 11:51this for? Who is it for?
- 11:55Yeah, I mean, do you know we had we had our our musical I Connect
- 11:58conference. So in student we had them
- 12:02universal we're talking and and this idea came out of like,
- 12:04wouldn't it be great? What was what the idea was?
- 12:06Wouldn't it be great to hear Jimi Hendrix cover Bitches Brew
- 12:08with malice Davis? And this is the sort of thing
- 12:11they obviously had in mind there.
- 12:12And at the time, I remember the room being divided, some people
- 12:15who thought that was the worst possible thing, imagining role,
- 12:17and people who were kind of like, actually that sounds quite
- 12:19fun. And I was definitely, by the
- 12:22way, in the former camp. I just for clarity, I just don't
- 12:26know. I don't know why I would want
- 12:29this. I don't know why I would want to
- 12:30hear other than for like reasons of novelty, why I would want to
- 12:35hear artist X doing a version of artist Y song.
- 12:39I just, I just don't know why I would want that.
- 12:41That's me. No similar with me really.
- 12:44Which maybe, maybe it implies we're not the target audience
- 12:47and everything we would love. Is it the young people?
- 12:49But the the, the interesting question here is, is this not
- 12:52going to be something that you just get given on Spotify and
- 12:54you can use it and play with it and try it out?
- 12:56But where can you put? Where can you put the songs
- 12:58afterwards? Can you only on Spotify or what?
- 13:01I mean, I'm, I'm assuming, well, I'm going to assume that you can
- 13:05listen to them yourself now. Can you share them with friends
- 13:08and how can you share them on social media?
- 13:11Can you share them within Spotify with friends?
- 13:13I would, I would. I'm going to be very not putting
- 13:16my head on neck out on a limb here and say I don't think
- 13:20you'll be able to put them on Spotify.
- 13:21If people just dream generally, I certainly wouldn't think you'd
- 13:25be able to get royalties from them.
- 13:27Yeah, that's that. That feels like a line.
- 13:29That's caught but no the details of that are are unclear and So
- 13:32what the other thing that happens here is so Universal
- 13:34Music done this deal with Spotify.
- 13:35They to create the tool to license the tool.
- 13:38What needs to happen next is Universal Music.
- 13:40They're going back to artists and so much it's already been
- 13:42happening and say, are you in or out of this?
- 13:45Are you, are you going to be in? Because it made it very clear
- 13:47participating somewhat as an artist.
- 13:49So they don't have to be part of this.
- 13:51This isn't going to be done to anyone without the permission.
- 13:53It does feel that this is a sort of shift, isn't it, from making
- 13:57new IP from old IP. And I don't know how I feel
- 14:00about that. I think, you know, I listen to
- 14:01music. I want to hear humans creating
- 14:03stuff, not because they're humans, but because it's it's
- 14:05new, it's coming from somewhere new and like, hey, what would
- 14:10Jimi Hendrix doing, Billie Jean sound like it.
- 14:13It feels like the laziest version of creating something.
- 14:18Yeah. And I think the the thing about
- 14:20this and like you, you touched on how can you share this?
- 14:22Because I think someone, some people out there will use this
- 14:24feature and make something really good, you know, and it
- 14:27might not be the obvious Jimi Hendrix covering, blah.
- 14:30It might be they'll do something with someone's song that is a
- 14:32brilliant remix. And so then the question is, OK,
- 14:34someone's done something brilliant with this.
- 14:36How is everyone going to hear it?
- 14:39Because if if only that person can hear it, that's not going to
- 14:42sell the future to other people. And that's the key thing is
- 14:44Spotify is going to have to sell this to people.
- 14:45You have to pay for it to do it. So they're going to need to have
- 14:48something up there shows you this is how it's brilliant and
- 14:51fun. There's got to be something in
- 14:52it for them, hasn't there? Yeah.
- 14:53So details have leaked out about the new service from Udio called
- 14:57Starstruck, which sounds very flashy.
- 15:01What is it? Yeah, we're basically going to
- 15:03repeat our last five minutes again because this is very
- 15:07similar sounding to what Spotify and UMG are doing.
- 15:09So Udio is a rival to SUNO, not quite as big.
- 15:13And they've been signing licensing deals with labels and
- 15:16they've said they're working on a new version.
- 15:17It's going to be fully licensed and it's going to be kind of,
- 15:20and then they did this private event, I think it was with
- 15:21Cobalt to sort of explain what the new thing is.
- 15:25And someone recorded it and sent that to Water and Music, the
- 15:28kind of online community. Who of this parish?
- 15:32Yeah, Gleefully published all the details so we can all talk
- 15:34about it. So yeah, an app called
- 15:36Starstruck, it lets fans and the quote is remix cover and
- 15:39reimagine songs by their favorite artists with royalties
- 15:42going to his artists and they sort of detailed these 4
- 15:45features. So and this to our point about
- 15:48what is this going to be? So one of them is called Cover,
- 15:51and that lets you create one artist covering another song.
- 15:54So I don't know. Charlie XCX covering Taylor
- 15:56Swift, Yeah. OK.
- 15:59Re Imagine keeps the lyrics, rewrites the music in completely
- 16:04so just the words and then some. I think remix changes the genre
- 16:08or style so you can make a happy hardcore version of Billie Jean.
- 16:11No, I'm interested in that. OK, You're selling it to me now.
- 16:13Here we go. And then create.
- 16:15Let's use your own lyrics with an artist's voice and style.
- 16:19But there'll be some rules around topic and language and
- 16:21style. So you couldn't have virtual
- 16:23Drake rapping a Nazi anthem and that sort of stuff, you know,
- 16:26Like there'll be rules. Guardrails, it's called.
- 16:29I mean, I'd like to see Kendrick Lamar come back from that.
- 16:31Quite. And key to all this, I think
- 16:33it's in again. Artists and songwriters are
- 16:35going to have to opt into this, so their labels and publishers
- 16:38will have to convince them, yes, be part of this Starstruck app.
- 16:42If they don't, we part. They don't have to be.
- 16:44Here's my question about this. Right?
- 16:45If, if, if so much money is being invested into creating
- 16:49technology that essentially creates remixes and artists or,
- 16:56you know, AI versions of artists speaking alternate versions of
- 16:59songs, why not just pay the artist to go and do it?
- 17:02Why not pay? If you want a happy hardcore
- 17:05version of Billie Jean, it's probably out there already.
- 17:07Why not just give that person some money and want Taylor Swift
- 17:10to do a cover version of Artist XYZ?
- 17:12Why not just pay her to do it? I mean, I think the first is
- 17:17more is more affordable than the second.
- 17:19There well, correct. But surely, like if, like surely
- 17:21if, if, if Yeah, you take my point, right?
- 17:23Like if, if we're going to get the ones, the songs coming out
- 17:27of the system that are going to be so big are the ones who
- 17:30recognise the big artists voices on them, right?
- 17:32So why just pay them to do it? Well, yeah.
- 17:34And I think like, you know, is it Radio 1 has that Live Lounge
- 17:37where they have artists and they do one one of their own songs
- 17:39and they do a cover and that's become quite a thing.
- 17:41Who's you going to cover in the Live Lounge?
- 17:43And and that's always interesting, you know, seeing
- 17:45Harry Styles. Who's he going to cover and
- 17:46what's he going to do with that? Because it says something about
- 17:48Harry Styles. Exactly.
- 17:49We interviewed, so there is. I think it does.
- 17:52I don't know. I am struggling to think.
- 17:54It certainly will be fun to play with this, but is it something
- 17:57you want to pay for is anyone wants to listen to?
- 18:01I mean, I do, you know, I did a presentation with you about the
- 18:03AI music I've been experimenting with.
- 18:06And someone put their hand up and went, how much do you listen
- 18:09to the stuff you've made with AI?
- 18:10And I was like, Oh no, I really enjoy making it for that two
- 18:13hours, you know, But then I listen to humans and I'm
- 18:17listening to music. And so there.
- 18:19Yeah. I wonder, this all feels like
- 18:21quite a bit, doesn't it? And I and I, I know that
- 18:23Universal Music have big team of people doing consumer research,
- 18:27asking people what they like and what they want.
- 18:29You know, I assume Spotify also has that ability to do that.
- 18:33There must be some research that says people want this kind of
- 18:35thing. But like you say, we're sitting
- 18:37here now going. But is it?
- 18:39Isn't it just is this perhaps just like the wider trend in
- 18:42tech, which is let's make sure we give people toys essentially
- 18:46that keep them entertained on their devices and keep them just
- 18:49going round and round and making sort of quasi making things.
- 18:52But this isn't real creativity. If I'm being, you know, from an
- 18:56artist perspective, I don't think any artist would equate
- 18:58sitting down and doing songwriting, which is a really
- 19:01hard, laborious and long job with, you know, typing in some
- 19:05prompts and, and, and getting a song and, you know, in two hours
- 19:08having a finished thing that sounds, you know, pretty sort of
- 19:11respectively normal, you know, like it's I, I think it feels
- 19:16like the the value is just in that the genuinely fun part of
- 19:21just mixing things together and making something new.
- 19:23But then why would you listen to it And?
- 19:25It all stands or falls on which artists opt in, really.
- 19:28And that's the thing, we don't know.
- 19:29We don't know who's opting in at the moment.
- 19:31When these things launch, we'll see.
- 19:32Oh, they've got a bunch of top artists doing it.
- 19:35I'm interested now because Charlie XX is in, but if it's
- 19:38not those, but if they all go, no, this is not what we want and
- 19:41it's a bunch of I should never heard of, then it flops.
- 19:44So that is the key thing now is like they've they've licensed
- 19:47these tools, they've done the deals, but it really is crucial
- 19:50now of like what what are the actual musicians think and what
- 19:53can labels do to persuade them if they're unconvinced?
- 19:57Of course, it could help if some of those artists are dead and
- 20:00their families are looking after estates, and we'll come to that
- 20:02later. First of all, a genuine
- 20:04songwriter of note, Ed Sheeran, is leaving Warner Music Group
- 20:07after 15 years. Where's he going and why?
- 20:12Oh, we don't know, but did you see his Instagram posts a few
- 20:14weeks ago? I do not follow Ed Sheeran.
- 20:16So he's. But Ed Sheeran's at level now
- 20:19where when I'm when I've got my feeds of what's happening in
- 20:21music industry. Ed Sheeran shaving his head is a
- 20:24headline that makes. His head, so he's gay.
- 20:26Pressing Instagram saying I've shaved my head, like, like, and
- 20:29he said Then a lot of new beginnings in my life, like
- 20:33cryptically, which could be personal stuff for business or
- 20:36both. But there's definitely some
- 20:39business changes because this week, yeah, Music Week did this
- 20:41report, but it was an e-mail I think sent to fans saying, yeah,
- 20:45I'm leaving one music in Asylum Records, which is the imprint
- 20:47he's signed to. But it's it's very much like a
- 20:50it's me not them situation. So he said like, it's not a this
- 20:54isn't a disgruntled artist leaves record label situation.
- 20:57He said, he said describe himself as an artist who wants a
- 20:59shift and a change in the way he does things professionally.
- 21:02So it's very amicable. Warner's still got his catalog,
- 21:05and he said he left the door open to work with him because he
- 21:08loves people he works with there.
- 21:10But but not enough to stay with them.
- 21:13Well, no. And like, so it's the way he
- 21:14goes next. Like so he's already got his own
- 21:16independent label like Gingerbread Man, which I can't
- 21:19believe they signed. They signed an artist a while
- 21:21ago which and they work through Warner Music's ADA division.
- 21:27So the kind of independent label working Foo Warner.
- 21:29But he could, he could. I mean, here we go.
- 21:31Like Ed Sheeran's a good mate of Taylor Swift.
- 21:33Taylor Swift famously signed this huge deal with Universal
- 21:37Music, which gives her control of her recordings.
- 21:40And it's more of a partnership than a traditional signing.
- 21:43So if he's been chatting to her, maybe she was like, well, you
- 21:46know, come and have a chat to Lucian.
- 21:48That would be a good WhatsApp group to be in.
- 21:50I mean those 2C XX or and you know, this is this does sort of
- 21:57seem like the direction of travel for a lot of these big
- 21:59artists, which is to get big in a traditional label arena.
- 22:04And then they, they've got the team around them who can do it
- 22:07all themselves. So do it yourself.
- 22:09Well, this is it. I think we're in entering this
- 22:11new era now because like, say what we 20, Well, Spotify is 20.
- 22:15It's a good moment of looking back and thinking, right,
- 22:17there's this, there's this wave, isn't there, of streaming era
- 22:19megastars. So and like that they're
- 22:22starting a bit top ten. Yeah, yeah, sharing it.
- 22:24And they're all on limited term deals of anyone kind or another.
- 22:28And at some point they will finish those and they have
- 22:31options. And, you know, they can sign a
- 22:32new deal, They can go elsewhere and do it independently.
- 22:36They can get poached by a rival major, but they have options.
- 22:39And I think a lot of those people were saying, wow, OK, I
- 22:42see. Streaming has worked really well
- 22:43for me. I'm rich and I play stadiums.
- 22:45But I'd like more control and ownership now.
- 22:48So he could go independent. He could sign a Taylor Swift
- 22:51style deal with a different major.
- 22:53He could have signed that with Warner Music, I would think.
- 22:55If he wanted to, I'm sure they would have offered.
- 22:57Him, I mean, it feels like Drake.
- 22:59I mean, who knows where Drake would go if he does leave this
- 23:01deal, but why would he not go solo and and?
- 23:04This year, so this year think about like, like Drake is suing
- 23:07his Labour partner and it's quite likely to leave.
- 23:11Ed Sheeran is leaving when he's like 2 of the biggest stars, as
- 23:14you know, are now saying doing something else.
- 23:18And I mean, we talked last year and we about James Blake, who's
- 23:21who's not quite at their level stream wise, but he's famous and
- 23:25he talked about the idea of he found it really mitching,
- 23:27building a team around him and doing it his own way.
- 23:30So if you're a Sharon or a Drake, you can do that, or you
- 23:34can take lots of money for more ownership of your stuff from a
- 23:37big company still. Talking about taking lots of
- 23:41money. Any other business?
- 23:43Ozzy Osbourne is back now explain this to me because as I
- 23:46understand it, time works in One Direction and unfortunately Ozzy
- 23:51is dead. So what's happening here?
- 23:54Yeah, well, this was announced last week, an event called the
- 23:56Licensing Expo Conference, where you would expect the keynotes to
- 24:00usually be a, you know, licensing execs from Mattel or
- 24:03Hasbro or things. But they had Jack and Sharon
- 24:05Osbourne talking about Ozzy Osbourne's legacy.
- 24:09And they announced, yeah, Digital Aussie, which is the,
- 24:12I'm not sure that's the official name of it, but they're working
- 24:14with this company called Hyperreal, which is previously
- 24:16done. They did metaverse stuff for
- 24:17like Paul McCartney and Madison Beer and for The Notorious B.I.G
- 24:21who again, obviously is not with us to do it.
- 24:24And they didn't really. They just said they they're
- 24:27doing it. We're doing digital Aussie with
- 24:29this company. They didn't say like we don't
- 24:32know if it's an ABBA style concerts thing or a virtual
- 24:35thing or even an AI. Ozzy Osbourne you can chat to,
- 24:38which does sound quite fun. But I think what happened was at
- 24:41the event, Jack Osborne, and he was talking to an audience of
- 24:43licensing people. And that's the key context here
- 24:47because he said, Oh yeah, it's almost drag and drop.
- 24:49You could shoot a template for a commercial literally prompts
- 24:52what you want digital Aussie to do in that commercial and you
- 24:54just drop it in which to anointance of licensing people
- 24:58was like, wow. But to fans of Ozzy Osbourne,
- 25:01it's not gone down entirely well across the whole spectrum.
- 25:04Yeah, I mean, that sounds really bleak, doesn't it?
- 25:06I mean, first of all, we've got we're facing a future of, like,
- 25:09endless TV ads featuring dead pop stars, like shilling stuff
- 25:13for KFC or whoever. And also, like, I just can't,
- 25:17you know, yeah, maybe, maybe people who are not Ozzy Osbourne
- 25:21fans will find that like to be a bit of a kick to sort of, oh,
- 25:23look, there's Ozzy Osbourne. But then Jack Osbourne did a
- 25:26YouTube Q&A few days later and I think he he, he basically was
- 25:28like, I'm on par for now. I'm going to answer your
- 25:30questions. And someone asked him about
- 25:32reactions and he said, yeah, he promised.
- 25:34It's not going to be fucking lame.
- 25:36Isn't just hooking up an image of my dad to ChatGPT.
- 25:40And he also said, which is quite, I think this is quite
- 25:42important. I'm, I think I'm the less
- 25:43cynical one this day, aren't I? He said they talked about this
- 25:46quite a lot with Ozzy Osbourne before he died and he was into
- 25:48it. And that's, that's meaningful.
- 25:50That's important. Well, I think.
- 25:51So because I think when I think about someone, if you, if you're
- 25:54a fan and someone you care about dies, I think you have certain
- 25:57views on what's appropriate or not.
- 26:00And then in reality, though, you don't know what they would have
- 26:03thought unless they said it. I just said I don't want to do
- 26:05this after I die. They're families now.
- 26:08And in this case, it's, this is not like some grand nephew who's
- 26:11rinsing a legacy. It's his actual wife and
- 26:13children who so. So I think it's quite good that
- 26:17he's online talking to fans and yeah.
- 26:18Everything's being open about it.
- 26:19Yeah, it. Does, I don't know, it does make
- 26:22me think like there is this technology now you can turn a
- 26:24dead musician into an avatar and you can do what, two dozen
- 26:28different things with them, from ABBA style concert stuff to the
- 26:33you can come and talk to virtual Aussie and it's trained on in
- 26:36all these interviews and it will tell you something.
- 26:38But so it's like which of those things are appropriate?
- 26:41Which I think is probably a family estate question really.
- 26:45But then which of those fans do fans, which I think the fans
- 26:48think are appropriate and do they actually want?
- 26:50It's it's again, it's that idea of what kind of future do we
- 26:54want and are we willing to let people go?
- 26:59For instance, are we, you know, we could face a future where
- 27:03instead of getting a new actor to act in action movies, we
- 27:05could just have an AI version of Bruce Willis forever, right?
- 27:09An established star, established brand, people like Bruce Willis
- 27:12and here's a new movie with Bruce Willis in it.
- 27:14And superficially that seems like it could work, right?
- 27:17Because people like Bruce Willis, you know, saying quippy
- 27:201 liners and shooting people or whatever.
- 27:22But but ultimately that's like, do we really want that future
- 27:26where we're having this kind of stagnation?
- 27:28Well, yeah. And in the interesting in the
- 27:29movie industry, I think there's a lot of a lot of strong push
- 27:33back from the acting unions going on.
- 27:34So actually, we're not going to give actors are not going to
- 27:37sign over the rights to let a studio train and AR and Bruce
- 27:40on, you know, today's equivalent of Bruce Willis.
- 27:43So they can do that. It has to be on it.
- 27:45So I think the good thing in music is this seems to be very
- 27:48much under the control of estates and families at the
- 27:50moment. It's not something that like the
- 27:52record labels aren't doing this, but but yeah, I don't know.
- 27:56I mean, I was just thinking about all the artists I love who
- 27:59are dead and how many of them I'd like to see in avatar form
- 28:02or which we make we discussed in lock in which ones.
- 28:05We'll talk about that in Lock In.
- 28:06Yeah, but yeah, it's it's difficult, but I think the good
- 28:09thing here is Jack Osborne was going on YouTube and answering
- 28:11questions from fans. So at least there is a channel
- 28:15here for fans of what you say. We don't like that idea.
- 28:18And he might say, but we're doing this and they might go,
- 28:20oh, that sounds better. So there's a, there's a dialogue
- 28:22which is. Talking of artists who were
- 28:24alive and trying something new, Richie Horton famously performs
- 28:29as Plastic Man and as Richie Horton, and is very good at
- 28:32making sort of very heavy, minimal techno.
- 28:37He's very sort of experimental with technology and music, and
- 28:40he's released something which is perhaps the opposite of
- 28:43Nosebleed techno. Yeah, well, this is like a thing
- 28:46he released five years ago that's now getting remastered.
- 28:48So, so we're in the kind of the the reissues phase of AI music,
- 28:53which is kind of. So he worked with his starter
- 28:55called Endale, and he basically gave them a bunch of sounds and
- 28:58beats and loops. He kind of gave them some
- 29:01fragments. And then the AI of Endale put
- 29:03that together into a soundscape that you could listen to.
- 29:06And it was designed for focusing.
- 29:08So if you're working or if you're kind of concentrating,
- 29:10relaxing, actually, Side Story, I, I interviewed him back then
- 29:15around that and oh God, the first thing he spotted when I,
- 29:18we had a Zoom, he saw I had a synth in the background.
- 29:21He's like, oh, you like synths? And I was immediately more out
- 29:23of my depth. And I've been in any Zoom call
- 29:25ever. He's, I've also, I've met Richie
- 29:27a couple of times and he's a really nice guy and he's totally
- 29:30enthusiastic about what he does with his music.
- 29:33And he really believes that, like, music is a force for good.
- 29:36And he's, he's a really, like, inspiring musician.
- 29:39I think anyway, so this soundscape that Endo released
- 29:42through its app, it's been streamed for more than 5 million
- 29:44hours. And they basically they
- 29:46apparently, but it was about focusing, but they found people
- 29:49with ADHD were finding it and saying this helps us like the
- 29:53audience didn't expect came to it.
- 29:54So they've basically reworked it and remastered it for this year.
- 29:58But it just feels like to me, this is one of those examples
- 30:00where like to your point earlier on, this artist who's dead can't
- 30:04consent to their their stuff being remixed in someone else's
- 30:07style. But Richard is very much alive.
- 30:10He's working with this company, he's excited about it, and what
- 30:14they've made is something new that sits apart from.
- 30:17Yeah, it's, it's a third thing, isn't it?
- 30:19And the functional music baked in, Yeah, Which is?
- 30:21Kind of a term that like people get people a bit rude about it,
- 30:24functional music, but music to help you focus.
- 30:27Now, you could you could get a random AI to spurt out two hours
- 30:31of music when you're doing your homework or your work, or you
- 30:34could listen to this thing that Richie Orton has put his
- 30:36humanity into. And it's fully.
- 30:39Yeah. So it's, I think it's a, it's a
- 30:41good example of for all we might be cynical about some of the
- 30:44other AI music remixing stuff, this is a good example of an
- 30:47artist actually having agency, I think so, yeah.
- 30:50Yeah, absolutely. I think, I mean, this is one of
- 30:52those things. I mean, this is like you say,
- 30:53this has been around for nearly six years.
- 30:54I, I remember I got an, an early version of this Infinite Plastic
- 30:59Man app or whatever it was called from Endel and I, I once
- 31:04this is pre COVID and pre children, I put this on.
- 31:07I put it on at a party in Berlin and no one noticed.
- 31:09It was just it just fitted in with the kind of minimal techno
- 31:12soundtrack that was already on. Berlin children's parties.
- 31:15Yeah, that's right. Do.
- 31:16You know, I, I saw him, he supported The Chemical Brothers
- 31:18once. So we already played after them
- 31:19because of the writer. And yeah, actually, my nose
- 31:22actually bled. And I felt so proud of myself.
- 31:24It was like, I've been to a techno performance where my nose
- 31:27is bled is proper techno. He would actually appreciate
- 31:30that, I think. And the final thing in this
- 31:33section is that vinyl traditionally is one of the sort
- 31:38of worst things that you could make because it's made out of
- 31:41PVC and there's a lot of chemicals that are bad that are
- 31:44part of that process. And then of course everybody
- 31:46wants 180 gram vinyl, which is heavy to transport and there's a
- 31:49big carbon footprint and blah, blah, blah.
- 31:52But now you can make vinyl out of recycled records.
- 31:57We discussed that a couple of weeks ago.
- 31:58But but the question that every audio file has is do they
- 32:02actually sound any good? Yeah.
- 32:04And when music is working with a company called GZ Media to find
- 32:07out, which is kind of the concept is like, Once Upon a
- 32:10time, if you if you made a physical piece of media that no
- 32:15one wanted to buy, you had to go out into the desert and bury it
- 32:18in a landfill like Atari, famously with game cartridges
- 32:22did. But this is.
- 32:24Yeah. So basically Warner, Warner and
- 32:25Jasmine, they took 10,000 unsold records, don't know which ones.
- 32:29Maybe the last Ed Sheeran album, who knows?
- 32:33And they shredded them start by, which sounds quite fun.
- 32:35I hope it's. I hope.
- 32:36I hope it's jumping into a big bath with hammers.
- 32:38But I assume it's a machine process and then they press new
- 32:42records and like some of these new records have like 10%
- 32:44recycled material and some of them were 100% and then ran all
- 32:48manner of audio file tests to test.
- 32:50Well, it was about is the audio, is there a difference in the
- 32:53audio quality? And also importantly, the the,
- 32:57the perceived audio quality. So actually people listening to
- 32:59it. How warm is it?
- 33:01Well, that's it, you know, And so you play me anything, I can
- 33:04barely hear differences between, you know, someone blaring out
- 33:06their phone speaker and a big system because my ears are
- 33:08terrible. But and but what they found was
- 33:11that there were, there were minor differences, but
- 33:12comparable, comparable listening quality.
- 33:15And it does not inherently compromise perceived audio
- 33:18because if people listen to it and we're like, sounds fine.
- 33:21Which? Is is I think, a good a good
- 33:24sign? For sure.
- 33:25I mean, I think, you know, also if I was being cynical for a
- 33:28change, I would say that a lot of people buying vinyl are
- 33:30buying it for partially for listening, partially for
- 33:34displaying and they're probably not listening to them on record
- 33:38players that are particularly high quality anyway.
- 33:40So what's the difference? And you know we're.
- 33:43Going to have letters? Yeah, you're in trouble now.
- 33:46I'll go to bat for the audio files, but I we've written about
- 33:50in a musical eye as well, a German company that produces a
- 33:54record sort of another type of recycled plastic record called
- 33:59Eco Record, which is a sort of injection moulded version of
- 34:01records. And they're made from the cycle
- 34:03plastic bottles. And the last Coldplay album, for
- 34:05instance, was released this way. A moon shaped pool.
- 34:08No, wait, that's Radiohead. The the the moon titled one the
- 34:11course. I did something about a moon.
- 34:14Anyway, that one had a stick on the front saying this record is
- 34:17made of nine recycled bottles recovered from the ocean.
- 34:19And that all feels really, really good.
- 34:21And of course the question audiophile question is BS.
- 34:23But do they sound as good? You know, so I went a couple of
- 34:26weeks ago to an event in Berlin in a one of those audiophile
- 34:30high end record stores that I would never dare to go into
- 34:32because it's got like $2,000,000 worth of record players in it.
- 34:36And they did exactly that. They had two records, 1 pressed
- 34:39the traditional way, one on this eco record and they played them
- 34:43on the same sound system which I think I figured I had a value of
- 34:47about €150,000. And it's mid range.
- 34:51Yeah, yeah, I mean it's yeah, it's a sort of pocket money 1
- 34:54and I couldn't tell the difference.
- 34:55I mean, and and they were really played through these incredible
- 34:57speakers. I couldn't tell tell the
- 35:00difference. Maybe someone could, but I mean,
- 35:02I mean if you put. Some light at the back going oh,
- 35:04the high end, oh. Yeah, that isn't very warm.
- 35:07It's kind of lukewarm. Anyway, recycled vinyl is
- 35:11definitely the future, I think. And also apparently the pricing
- 35:13of making these records is only marginally above traditional
- 35:16vinyl. And that's a really good thing
- 35:18is what will make a change. So and.
- 35:20It's the thing we haven't talked about, isn't it?
- 35:21We'd like 19 years. We think we're 19 years now into
- 35:23the vinyl revival, 19 years of growth.
- 35:26I think we have to stop. Calling it a revival now.
- 35:27Well, yeah, right. But I think we'll, I think most
- 35:30of us, I'm guilty of this, certainly Go.
- 35:31This is brilliant news. Vinyl's wonderful, but we don't
- 35:36really talk about the planetary impact of this.
- 35:38And then like I say, it's not just about the manufacturing of
- 35:41the vinyl, which has a certain impact, but also, yeah, if you
- 35:43don't, if they don't sell, what? So I think it's good that people
- 35:48are tackling that issue, but because I think it's exciting
- 35:50that vinyl has been on this long term surge and if that can now
- 35:55be a sustainable business climate wise.
- 35:58And anything recyclable is good, right?
- 36:00Recycle plastic bottles, recycle vinyl into new vinyl.
- 36:03That is a really huge leap. And it's great that they're
- 36:06getting the costs down to, you know, per price, very, very
- 36:09close to traditional vinyl. And it gives labels and teams an
- 36:13option and that and, and the artist can drive that option and
- 36:16say, no, I want recycled vinyl, you know?
- 36:18And good that labels like Warner Music is doing these tests with
- 36:21another company. It's not just like someone's
- 36:23doing the technology and then having to sell it to labels.
- 36:24Labels is seeing this and going we want to be involved in.
- 36:27And finally, Stu Banja Banja Banja.
- 36:31For those of you who may not know what we're talking about, I
- 36:36you may be wondering, do I have this song cued up?
- 36:38Yes, I do. Of course you do.
- 36:46OK, so you can fill us in on what this is, but that is now a
- 36:49preserved cultural artefact in the UK.
- 36:52Stu, are we drunk or is something happening here?
- 36:55Yeah, go home, Brits. Now, this is a so this is a 2003
- 36:58viral Flash animation. Now we'll have to explain Flash
- 37:02now to anyone who was born in the last week.
- 37:04Flash, of course, the famous animation technology that led
- 37:07humans into very bad ways, including introductions for
- 37:09websites where you had to watch animation before you could get
- 37:12in. But it was also huge.
- 37:14But it was, it was, it was our, it was our, our, our rage,
- 37:18people's memes and games and animation.
- 37:21And there's this guy called Mr. Weeble.
- 37:23Not his real name. Maybe, maybe his real name.
- 37:27Definitely not his real name. He's a British animator.
- 37:29And he made this. It's like basically, yeah.
- 37:30It's like, it's like what you say.
- 37:32It's deliberately rudimentary animation with Badgers, clip art
- 37:36Badgers appearing and it's an earworm.
- 37:40And yet so the British Film Institute has officially
- 37:42preserved it, which apparently involves this is this is
- 37:45fascinating contacting the creator, but not just saying can
- 37:49we preserve your thing? It's like, have you got the
- 37:51original file? And I mean, I don't know how
- 37:53many original files or things you were doing in 2003.
- 37:56You've got, you can access. Yeah, because the original
- 37:59files, they sound warmer when you listen to them.
- 38:01Don't. They and then they and then they
- 38:03store it in two robot operated tape libraries for posterity in
- 38:07different places, obviously because one of them burnt down
- 38:09then the other. One was still there.
- 38:12But it's it's it's I mean the BFI.
- 38:15So they're they're kind of our what they're our publicly funded
- 38:18Film Institute, aren't they? And they've also they've also
- 38:21preserved Charlie bit my finger, the famous YouTube video that
- 38:25what these two things were the kind of headlines.
- 38:28But it does make you think like this stuff is silly perhaps, but
- 38:32it is part of people's history. But when it's digital media, it
- 38:37could be done in a technology. It no longer works stored on a
- 38:40on a format that no longer can be accessed.
- 38:43So this work is, I think, important.
- 38:44Even if we, you know, badger, badger, badger might make people
- 38:47who who don't know it go, what is this?
- 38:49Why aren't you preserving the greatest music that was created
- 38:52ever, you know? I think it is up there, isn't
- 38:54it? I mean, I remember when this I'm
- 38:55old enough to remember when this came out and it emerged on the
- 38:58message boards of a website called Beta, which is still
- 39:00running and is a sort of home for all this ridiculous sort of
- 39:03animation and pictures and stuff like that.
- 39:05And, and I remember it very clearly because it was it was
- 39:07very, very new. Hadn't seen anything like that
- 39:09before and it was very impactful.
- 39:10So I totally understand why it's been preserved.
- 39:13And of course, this is the argument, you go serious for a
- 39:15moment of the sort of Internet Archive platforms that are are
- 39:19pulling in all of the creative input of of humanity and storing
- 39:24it and saying, well, you know, these video games, it might not
- 39:27work on a platform in the future.
- 39:28So we're making that work. You know, these songs, we don't
- 39:30just because they're around now doesn't mean they'll be there
- 39:32forever. Of course, that frustrates a lot
- 39:34of rights holders who see their work being infringed from their
- 39:38perspective. But it does have this is
- 39:40important, right and preservation.
- 39:41Is something right as a new? Yeah.
- 39:42So you know, this is when Spotify comes out and goes.
- 39:44You know what? You can.
- 39:45You can have Jimi Hendrix covering Badger Badger Badger.
- 39:47Now OK, sold. Now this leads me onto I'm going
- 39:50to leave everyone with one earworm.
- 39:53Ten years after this animation came out, it was remade.
- 39:56Have you had did you ever hear this?
- 39:57It was rerecorded as Save the Badger Badger Badger.
- 40:01Now, can you guess who played guitar on the cover that it's
- 40:04called Save the Badger Badger Badger.
- 40:06There's a clue there. Brian May out of Queen Sir Brian
- 40:09May played guitar and it also has shouting from Brian Blessed,
- 40:14the actor. And this was released as part of
- 40:17a campaign against badger culling in the UK.
- 40:20So. Everyone, now that he's heard
- 40:22Badger Badger for the first time, now go and look for Save
- 40:24the Badger Badger Badger and enjoy what is even more bonkers
- 40:29and I guess in 10 years time might get preserved in its turn.
- 40:32I will absolutely link to that below the podcast.
- 40:35And that's it for us this week. Thank you very much for
- 40:38listening. As ever, if you're enjoying the
- 40:39show, please do spread the word about it.
- 40:41You can just point them at tpom.uk.
- 40:44That's tpom.uk. And you can support us as well
- 40:47if you'd like to via Patreon by signing up to become a Super
- 40:51Fan, which also gets you access to our weekly pub themed lock in
- 40:55where you get to access our chat for about 1520 minutes of bonus
- 41:00material after the main show ends.
- 41:02You can access that at patreon.com/the Price of Music.
- 41:07And as ever, do let us know your thoughts, feelings, questions
- 41:10and observations. We want your vibes, anything
- 41:14about how the music industry works, and we'll do our best to
- 41:17figure it out and explain it to you.
- 41:18So drop us a line with your questions at the price of
- 41:21music@gmail.com. thatisthepriceofmusic@gmail.com.
- 41:26So that's it from me, Joe Sparrow and him.
- 41:29Stuart Dredge for this week. See you next week.