Friday, August 3, 2012

Def Leppard's Joe Elliott on Battle With Label: 'We Don't Want to Work for The Man, We Want to Be The Man'

One by one, Def Leppard's arsenal of hit songs will get a modern-day shining. No, we're not talking about a newly mastered version of "Pyromania" or an anniversary edition of their greatest hits package "Vault." Rather, the band members are rerecording the classics -- starting with 1983's "Rock of Ages" and 1987's "Pour Some Sugar on Me" -- as a way to offer their fans a digital option while at the same giving a giant middle finger to their longtime label Universal.

Def Leppard can do this because they are, well, Def Leppard. Having sold more than 100 million albums in their 34 years together, the band, fronted by Joe Elliott, were able to negotiate a sweetheart of a deal wherein they have approval over everything that's done with their songs -- from special collections to licenses for movies, TV shows and games and their very availability online.

Right now, you won't find the original "Photograph" on iTunes, nor will you hear the decades-old "Pour Some Sugar on Me" in the just-released movie "Rock of Ages." That's because the band is rejecting all of its label's requests in a power struggle aimed at reassigning digital rates in their favor. Will the strategy work?

The Hollywood Reporter: Is this fight with Universal more about money or controlling your musical destiny?
Joe Elliott: It's about principle. I'd be lying if I didn't say it was about money because the problem we've got is: they want to pay us what we think is a ridiculously low rate. It's a well-known fact: artists throughout the years have always been shafted by record companies. … The reason we're being so sticky about it is because two years ago, we made a deal with a gentleman at Universal who was pretty much on our side -- he was a fan, a smart businessman and a fair guy -- and we shook hands. Fifteen days later, somebody above his head said that deal's not going through. To an Englishman, when you shake hands, it's a binding contract, and Universal reneged on it. So we dug in our heels and said, "We're gonna say a blanket no to anything that you ask for."

And Def Leppard is in a unique position because you're one of few bands to have veto power. How does that play out?
They can't release our back catalog, we're not going to let them put a song on a compilation unless we want it there and they'll never be able to license. They won't be able to do anything without our permission because that's in our contract.

Explain the crux of the band's argument.
We want to get the same rate for digital as we do when we sell CDs and they're trying to give us a rate that doesn't even come close. They illegally put up our songs for while, paying us the rate they chose without even negotiating with us, so we had our lawyer take them down.

And what would be a fair split in your view?
When you do your own recordings, you're making about 85 percent and 15 percent goes to iTunes or whichever particular digital domain you put them up -- something along those lines would be fair. But they were offering us the opposite: a quarter of what we get paid on our CDs. Sp we thought if we can't get them to pay us a decent rate on the digital then we're going to go in, rerecord them and pay ourselves decently. Because we're not fighting against our own back catalogue. If we put rerecords up against the originals, nobody would buy the rerecords. So what we're trying to create is what they know by making as close as we can, forgeries of what we did in '83, '81, '87…

What about the inevitable argument that you guys are just being greedy.
I'm obviously aware people are going to say that, but we made a decision years ago that we would try and wrestle back control. And I think that's something to be applauded. We are just trying to own what we've done. We own our T-shirt deals, our own staging, and our own rights to make whatever decisions we want. We're not trying to milk our back catalog for billions of dollars, we're just trying to get paid a fair amountThe one thing I'll say about this band is that we actually perversely enjoy the fact that if there's going to be a major screw up, we can't blame anybody except ourselves. We don't like saying, "I told you so" or pointing fingers at people going, "You've just ruined my career." If that's going to happen, we want to be the ones to do it. We want to be in charge. We don't want to be working for the man, we want to be the man, if you like.

Bands fighting with their labels goes back to the earliest years of the music business…
And you hear so many horror stories about the early royalty rates of the Rolling Stones, where they supposedly don't earn a penny of anything from before "Brown Sugar," or Jimi Hendrix, who died with eight pounds in his bank account. These are legendary, iconic people without whom we wouldn't exist. But the music business has caught up, it's gotten sensible, where it doesn't have as many sharks anymore. Plus, we've got our own lawyers that are as pit-bull as theirs so at least we can go into battle with an army that's even sided. And again, we're not looking for [Universal] to give us a leg up or to keep us in the lifestyle that we've become accustomed to. We are well prepared to work for it, we're just not prepared to give them money for old rope when they give us nothing in return.

So far this year, catalog is outselling new music. Can you live comfortably off your catalog? How profitable is Def Leppard on its own?
It's really expensive being in a band -- ask Pete Townshend, he said it's why his hair fell out -- and especially if you're not working. If you decide to take a year off, you've still got outlays without any inlay, meaning income. Like there are retainers and money goes into storage. Of course, it depends on the lifestyle that you've become accustomed to. We never asked for Rolls Royces from the label. Other bands that sold a billionth of what we did get a free car every Christmas, we got nothing. We once got a plastic cassette box that you could buy in CVS for $1.99, having just sold ten million copies in Syria. That was their gift. It had Polygram written on the lid -- like whoopee fucking do. … But if I were to pack it all in tomorrow, I won't die destitute. But I'm pretty frugal. I'm not one of these guys that rents a private plane to fly off for three weeks in the Bahamas. I fly commercial like everybody else, as most of us do. We have to work really hard. Don't forget that it's a fashion industry.

What do you mean by that?
In the same amount of time that you become cool you can become super uncool. So you've got to take your chances while you can. This is not McDonalds which is always there because people are always going to be hungry. I get it -- every generation wants to kill the one before, but in the 80s we wanted to mimic our heroes. And by the time we came to where our idols were, the band communities wanted to kill us. I'm not going to name any names, but let's just say most of the bands that came from the Seattle region of the world wanted to stomp on our heads. We didn't want to kill Queen, we wanted to join Queen, or AC/DC or Led Zeppelin.

How do you see yourself in the context of those bands now?
I'm on the coattails of people like Pete Townshend and The Who. We've been around for 30-plus years and that's enough to be in his club. We can't be in Green Day's or Foo Fighters' club, they're 10 years behind. But do you honestly think that in 2050 we'll be talking about a band like My Chemical Romance? Will anybody care when they're 34 years old? And I'm not knocking the band, but my point is their situation is not as good as the one we were in when we became big. Because their videos, I'm sure they get millions of hits on YouTube, but it's not the same as 1983 when the world stopped to turn their telly or radio on and watch the new single by Michael Jackson and not just listen to it. It's blasé today. I fear for My Chemical Romance. They might survive because they're good and Muse will survive, but there are loads of bands that sold a couple million records in the 80s and were on MTV that are now playing in bowling alleys, or worse, serving in bowling alleys.

Back to the rerecords, does your motivation to recreate these songs have anything to do with sound fidelity?
Not really because what we're trying to create are doppelgangers. You're never going to get them exactly the same. Somebody actually put the two versions of "Rock Of Ages" up on YouTube and you can hear the difference. But it's not like it's worse, it's just different. You can't recreate 1982 because the machinery that we recorded on doesn't exist. So you have to get it as close as you can. What we had to do is study them like a forger would study a Monet or a Dali.

How long did it take to do each song?
A few weeks. We did it like the originals -- you go in and do a couple hours here and there when you've got the energy and the ability. They're not costing us a great deal of money to rerecord because we're doing most of the work in my studio and I don't charge the band for my studio. They just pay the electricity bill, which is pretty miniscule. So it's a win-win for us. We get to record them cheap but we get to make the maximum amount of it.

You didn't approach original producer Mutt Lange to rerecord. Why?
It wouldn't have worked. Mutt helped us create those sounds and taught us how to achieve them, but we now have left college and know how to get on in the world. … Your career goes in a different track, and to try and pick up where we left off, neither party is the same person. It's like remarrying your first wife -- you could go back for a quick bonk up the hotel room. We've never ruled out working with Mutt again but I don't think I'd do an entire record with him. You can't unscramble an egg. If it was a case of he didn't like it, that's tough because we are legally allowed to do this.  But I have to stress that it's not the case.

How many rerecords are you planning to do?
We have two done, we've got two more on the go and we'll just keep doing them in blocks of twos and threes until we've pretty much created Vault and we won't have our own back catalogue to fight against. We'll have our music up digitally but we will be in charge of our career. Anybody, whether it's Pearl Jam, Nirvana, would do the same thing if they saw what we were offered. We're not going to make a great deal of money off the rerecords, but it's the principle: if you're going to fuck us around, this is what we're gonna do. There is nothing wrong with being a capitalist. We want to be paid a fair and decent wage for the work that we do. And we work really hard.

Your band has made some smart moves, chief among them the right of approval. What else has paid off?
We own the videos. That's the one thing we were smart enough to do in the 80s - when we made videos, we paid for all of them. And that's the thing: I want to own my own house I don't want to rent. I want to own my car, I don't want to lease. I want to own the clothes that I'm wearing and the music that I make. Or if I legally can't, I want to be paid a fair amount of money when people buy it, rent it, lease it, stream it, whatever. I hope to God that [Duran Duran's] Simon Le Bon, [U2's] Bono, Jon Bon Jovi, [Iron Maiden's] Bruce Dickinson, etc. don't have to go in and rerecord their stuff. To us it's a bit of a novelty -- it's funny and getting a lot of publicity. People say there's no such thing as bad publicity and I would argue that point, but it's a talking point right now.

Eminem Says Slaughterhouse Album Is Finished

While promoting Slaughterhouse's upcoming album, Eminem called Channel 955 radio in Detroit.
Em addressed Slaughterhouse's project and his contributions, his next album and his friendship with 50 Cent.
"I actually started my album, but I haven’t fully went in yet because I’ve been finishing up this Slaughterhouse record," he revealed. "I kinda been really hands-on with this album for the past year. This has kinda been a pet project for me. I kinda been executive producing, producing, co-producing, mixing—very hands-on with it and just really involved. We’re actually finishing up today. We’re handing the album in today. … Oh my album? I don’t have a date yet.”

He also spoke about the artists signed to his label Shady Records. “Me and Royce had been friends for a long time. As far as the Slaughterhouse project, that was one of the things. I’ve always respected Royce as an artist as well, so when we started this group and got these guys together it was kinda like one of those things where… I’m very into the technical aspect of lyrics. And Yelawolf to me is a very technical artist—Royce, Joell, all the guys from Slaughterhouse are very into the technical aspect too. It’s fun for me to be able to hear the different pockets that these guys get in with flows. I’m really into that.”

As for his friendship with 50, he says that they have a mutual respect. "Ever since we started making music with Fif, it was always like a mutual respect thing and we became friends outside of the music. 50 is very big on the business aspects of his career. I would consider him a smart businessman. Not saying that I’m not, but I don’t get into as much of the technical aspect in the business sense. I have no idea what’s going on—ever. I don’t even know where I’m at right now.”

Slaughterhouse's Welcome to: Our House hits stores August 28. 


Steve Angello on Swedish House Mafia's Retirement: 'It Was Time'

On June 23rd, only six months after selling out New York City's Madison Square Garden, superstar DJ trio Swedish House Mafia announced their decision to retire from the road. "Today we want to share with you that the tour we are about to go on will be our last," read a message on the group's website. "We want to thank every single one of you who came on this journey. We came, we raved, we loved." The threesome, which consists of Steve Angello, Sebastian Ingrosso, and Axwell, will host a final hometown blowout in Stockholm on November 24th and play their final U.S. gig this September at the iHeartRadio Festival in Las Vegas.

The short, blunt message, and a lack of any further explanation from the trio, left many Swedish House fans searching for answers. But as Angello now tells Rolling Stone, their decision was rooted in a need – and current inability – to evolve. "We just decided that we reached a point where we don't know what the next move would be," he explains. "We always like the challenge. And we don't like to repeat ourselves. We just felt like it was time."

Angello is quick to dismiss any notion of tension between any of the group members; in fact, he says the three longtime friends are as close as ever. "We're like brothers," he says. "We're still here. It's not like anybody has died. We've had beyond our dreams and we've come very, very far. We just felt like, 'let's stop touring.'"

Angello, who is hosting a label showcase for his Size Records imprint this September in Central Park, adds that Swedish House Mafia's retirement is one way in which he can help shake up a genre whose fans, he says, are starting to take an influx of music for granted.  "[DJ's are] releasing stuff all the time," he says. "After a while, it's starting to become the norm. You've got to shake things up a bit and then do things differently for people to respect what you actually do. I just don't wanna see music become fast food."

Thursday, August 2, 2012

J.Lo's Stunning Career Reincarnation Puts Her No. 1 On The Celebrity 100

It used to be enough for a celebrity to act or sing or swing a bat really well. Now to be considered a real success, he or she needs to sell clothes, hawk fragrances–maybe even invest in technology startups.

While she hasn’t stormed Silicon Valley just yet, Jennifer Lopez is a state-of-the-art celebrity success story. With $52 million in earnings over the last 12 months and a massive amount of fame, Lopez lands at No. 1 on our Celebrity 100 list for the first time.

A few years ago it looked like Lopez was done. Her albums, like the all-Spanish Como Ama una Mujer, failed to find the broad audience she once enjoyed. Her movies, like El Cantante, flopped.


Then in 2010 the singer landed a judge’s chair on American Idol. The job gave her a platform to promote her music and turn her image around. It didn’t hurt that she also split from her husband, Marc Anthony. Suddenly a single mother, Lopez lapped up the media attention and scored lucrative endorsement deals with companies like L’Oreal and Gillette. She now has a line of clothing at Kohl’s, a top-selling fragrance and she was able to secure a nice bump—to $20 million–on her Idol salary for a second season. With 6.6 million followers on Twitter and 12 million fans on Facebook, she’s also proved a master of social media.

Lopez unseats Lady Gaga, who topped the list last year. The pop star slides to fifth place this time around with $52 million in earnings, down from $90 million last year (Gaga didn’t tour much in the last 12 months). Her new album, Born This Way, was still a smash hit, selling 1 million copies its first week out.
 
In second place is Oprah Winfrey, whom Gaga unseated for No. 1 last year. Winfrey had a rough 12 months. Her 25-year syndication run ended in May but she still managed to earn more than anyone else on the list ($165 million) thanks to her empire of spin-off shows (Dr. Phil, Rachael Ray) her magazine and her radio deal with Sirius XM. Winfrey doesn’t earn any money from the struggling OWN cable network. The talk-show legend will now turn her full attention to trying to improve things at OWN.

Ranking third: Justin Bieber. Only 18, Bieber is making his second appearance on our list. The star earned $55 million in the past year thanks to touring and record sales, but as he explains in our cover story, Bieber is more than just a pop star. He’s also a budding venture capitalist. Bieber has used his fame and fortune to invest in startup companies like Spotify, Tinychat and Enflick.

With most of our lists we keep it strictly on the money: earnings or net worth. The Celebrity 100 is a little different. This list–which includes film and television actors, TV personalities, models, athletes, authors, musicians and comedians–is based on money and fame. We define fame as media visibility in print, television, radio and online, plus social media power, which we measure by looking at each celebrity’s presence on Facebook and Twitter. The earnings consist of pretax income between May 1, 2011, and May 1, 2012. Management, agent and attorney fees are not deducted. Forbes has been publishing the list annually since 1999.
Crunching all those numbers always ensures we have an interesting slew of new people on the list; this year, Kim and Khloe Kardashian made the cut. Say what you want about the sisters, they know how to stay famous and earn millions. Thanks to the money she earned from her wedding (and the publicity she earned from her divorce just a few months later), Kim ranks seventh with $18 million. Khloe, who now has her own successful spin-off show (Khloe and Lamar), ranks 73rd with $11 million.

Another newcomer: Ashton Kutcher. The actor, who took over the lead on Two and a Half Men following Charlie Sheen’s very public meltdown, is now one of the highest-paid men on television. (Sheen failed to make the list this year.) He’s also a savvy tech investor who managed to get in early on companies like Skype, Spotify and Airbnb, which is now worth a reported $1 billion. Kutcher, who is a Twitter superstar, got plenty of press attention this year for his personal life as well as his professional life. He split from his wife of six years, Demi Moore, last fall. The actor debuts in 51st place with $24 million.

Simon Fox, HMV CEO, Stepping Down, Trevor Moore Named Successor

The HMV Group,  owner of the UK's largest entertainment retailer, today announced in a statement to investors that CEO Simon Fox would be stepping down on September 3 and would be replaced by Trevor Moore.

Moore, was formerly the chief executive of camera retailer Jessops and has worked for HSBC and Whitbread.

"On behalf of the Board, I want to thank Simon for his contribution to HMV," Philip Rowley, HMV Chairman said in a statement.  "He has led the Company through a turbulent period for the entertainment retailing industry and has played an invaluable part in securing HMV's future, not least by strengthening relations with suppliers and successfully refinancing HMV's bank borrowings."

Fox managed to keep the beleaguered music retailer afloat over the past six years in a contracting music and retail market shifting more of its resources and retail space to tech and digital. HMV, which has 233 stores in the UK and Ireland, has struggled to compete against online retailers with sales of physical CDs and DVDs plummeting. in the last several years HMV made a number of bold financial deals including acquiring, investing in and/or selling the live music company MAMA group, the digital download service 7digital and Waterstone's book chain, among others.

Earlier this year Fox helped secure a refinancing deal and better financial terms with the music labels. And two months ago the company said it expected to make a pre-tax loss of about £16m ($25 million ) in the 2011-12 financial year AND expected to return a profit in 2012-13.

"I am proud to be leaving HMV with a profitable future secured," Fox said in a statement. "The appointment of Trevor Moore means that I will be leaving the Company in safe hands."

Sony Music's Quarter: A Closer Look

Sony Corp.'s music operations -- which consist of three separate companies, Sony Music Entertainment, Sony/ATV Music Publishing and Sony Music Entertainment (Japan) -- experienced a drop in sales and income as the music category posted 7.3 billion yen ($91.8 million) in operating incomes on 98.8 billion yen ($1.24 billion) in sales for the company's fiscal first quarter ended June 30.

That's a 39.6% decline in profit from the 12.1 billion yen ($152.1 million) the company posted in the first quarter of 2011, when sales were 109.6 billion yen ($1.38 billion).

Sony Corp's Losses Grow, Cuts Earnings Forecast

Sony attributed the drop in sales and profit to a slower-than-2011 release schedule in the Japan music operation, and to the over decline in CD sales. It also said that the 2011 income total was inflated due to a favorable U.S. legal settlement concerning copyright infringement.

During the first quarter, Sony's best-selling titles included One Direction's "Up All Night-The Live Tour DVD;" Carrie Underwood's "Blown Away; and Usher's "Looking 4 Myself."

The company also noted that Sony Corp. of America-led consortium had completed a significant acquisition of EMI Music Publishing, with Sony contributing $320 million toward the $2.2 billion acquisition price to garner a nearly 40% share in EMI Music Publishing.

It's Official: Sony-Led Acquisition of EMI Music Publishing Approved by EU


The report also noted that in the fiscal year ended March 31, the music operations generated 430.8 billion yen, or $5.2 billion in sales. Overall in the first quarter, Sony posted a net loss of 24.6 billion yen ($309.3 million) on sales of 1.515 trillion yen ($19 billion).

Rick Ross' 'God Forgives, I Don't' Headed for No. 1 on Next Week's Billboard 200

Rick Ross is aiming for his best sales week ever, as "God Forgives, I Don't," is tracking to sell around 200,000 copies by week's end on Aug. 5. 

That number -- forecasted by industry sources -- should easily claim the hip-hop king his fourth No. 1 album on the Billboard 200 next week. He's topped the list previously with 2006's "Port of Miami," 2008's "Trilla" and 2009's "Deeper Than Rap."
The new Billboard 200 chart's top 10 will be revealed on the morning of Wednesday, Aug. 8.

Ross' best sales week so far was posted when "Trilla" entered with 198,000 according to Nielsen SoundScan. Ross' last album, "Telfon Don," started with 176,000 at No. 2 on the chart dated Aug. 7, 2010. (It was blocked from No. 1 by Eminem's "Recovery," which was in its fifth straight week at the top.)

Ross will easily outshine every other debut next week, but a couple other titles are looking to make bows near the top 10. Joss Stone's "The Soul Sessions Vol. 2" and Gloriana's "Thousand Miles Left Behind" are both on course for a top 10 start. They may each sell about 20,000.