Sunday, August 26, 2007
New (old) records, Soundexchange, more
While we are in Buffalo, I got a copy of another classic band on the ARP label. Billy Lehman and the Rock-itts had at least three records. Two on ARP and one on Prime. I actually prefer the side Black Derby to the flip, Lollie. I think I have a couple additional records from the Buffalo area, but more research needs to be done.
I am definitely an Earl Bostic fan. I have a dozen LP's and many singles. I will never come close to collecting everything he made, but am always on the lookout for something interesting. A couple of years ago I ran across what is considered to be his earliest and only 45 on Gotham, 8:45 Stomp. According to Rockin Records, it was issued in 1951. The record actually came out in 1948, but maybe the 45 was then released in 1951. I have seen where labels got into the 45 RPM market by issuing records that had been on 78, onto 45, after the fact. I recently came across another Gotham 45, Apollo Theatre Jump. It was definitely pressed in 1951, for the first time, on 45 and 78. This copy happens to be on red vinyl. I never knew it existed. Maybe there are more Gotham red vinyl records by Bostic? I know some of his King label releases were on colored vinyl.
Soundexchange has come to an agreement with the Digital Media Association - DiMA, but from my vantage point, it looks like an agreement that just covers the big stations that have huge numbers of channels. It basically sets the cap at $50,000.00 for an unlimited amount of streams. The simple math shows that at $500.00 a channel, you would need more than 100 channels to take advantage of this special "deal". The agreement also takes the burden of "stream ripping" off the broadcasters, where it never should have been. I get the idea that corporate Internet radio with mega channels is happy, but the small broadcaster is still paying high fees, and their situation has not been addressed. Did I miss something? Here is a link to an overview.
"But another offer by SoundExchange, made public on Tuesday, received harsh words from small webcasters. In that offer, SoundExchange said that 'qualified small webcasters' could continue operating through 2010 with the same rates they had received since 1998, but only for music from members of SoundExchange. Music by nonmembers 'would still be subject to the new rates.'"
VERY interesting. Since SoundExchange is supposed to be a conduit for the payment of royalties to artists, does this mean that SoundExchange will pay the higher royalty rate to nonmembers? DON'T HOLD YOUR BREATH - SoundExchange will devour the "extra" money by creating "administrative fees" or some such and pocket the lion's share of the money.
Gino
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