Your "friends" at the Major Labels Love You..or do

Seismic Anamoly · Joined: 22 Aug 2002 Posts: 3039

The following is a transcript of a conversation at Midem 2004 (in Cannes, France, end-of-January 2004) between Jan Hanford (Co-owner - Magnatune) and a major record company executive (who will remain un-named) who noticed our "We Are Not Evil" logo.

Quote:

Major Label Executive walks up to Magnatune booth:

Exec: (pointing to trade show booth logo) "We Are Not Evil." That's not very nice.

Jan: Why not?

Exec: Well, you're saying we're evil.

Jan: No we're not. Only you can be the judge of that.

Exec: (snicker, frown)

Jan: Depending on how you treat your musicians, you may or may not be evil. How do you treat your musicians?

Exec: Well, I think we treat them pretty good.

Jan: Do they make any money?

Exec: Um… well, you know. It varies from contract to contract.

Jan: You mean that there could be a contract where a musician would not receive any money? That's evil. (giggle)

Exec: (frown) No, it isn't. So you really think this idea of yours will work?

Jan: Yea, we do. Everyone's really excited and many of the musicians are already making money.

Exec: Well, I don't see how this business model can work in the long term.

Jan: From what I read in the press your business model isn't working out too well.

Exec: (smirk) But mergers like BMG and SONY are going to have an impact.

Jan: Oh good, then they can go bankrupt together instead of separately.

Exec: (frown)

Jan: I mean, your whole industry is based on stealing people's music. It's like running a restaurant and not paying the cooks. Eventually you're going to run out of food and then the customers will stop coming. It seems they already have stopped.

Exec: Yea, ha, you're funny. Well, it's been interesting talking to you. I mean it, really interesting. No hard feelings, ok?

Jan: (shaking hands) No problem, have fun at MIDEM.

"From what I've read, your model ain't working so well right now, hotshot"... :rollin

Treacle Lilly · Joined: 14 Apr 2004 Posts: 143

BAHAHAHAHAHAHHAHAHAHA!!!! :fg

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Seismic Anamoly · Joined: 22 Aug 2002 Posts: 3039

The woman's got spunk, doesn't she??

Generally blew his A$$ out of the water!! :lol

Reminds me of some of the fine young ladies we have here at Blah, Blah...

On behalf of all the guys....

WE LOVE YA, GIRLS!!

Treacle Lilly · Joined: 14 Apr 2004 Posts: 143

I thought this was a brilliant retort:

Quote:
Exec: (smirk) But mergers like BMG and SONY are going to have an impact.

Jan: Oh good, then they can go bankrupt together instead of separately.

bbchris

hahahahahahahahahahahahahahahahahahahahaha That's an excellent conversation hahahahahahaha

Midem is FUN! I wish they had continued with their Asia expansion but I think next year I MUST go! wheeeeeeeee