Demon Seed Posted June 30, 2021 Report Posted June 30, 2021 Bowie Bonds Bowie Bonds are asset-backed securities of current and future revenues of the 25 albums (287 songs) that David Bowie recorded before 1990. Bowie Bonds were pioneered in 1997 by rock and roll investment banker David Pullman.[1] Issued in 1997, the bonds were bought for US$55 million by the Prudential Insurance Company of America, or about $88.7 million in today's dollars.[2][3][4] The bonds paid an interest rate of 7.9% and had an average life of ten years,[5] a higher rate of return than a 10-year Treasury note (at the time, 6.37%).[4] Royalties from the 25 albums generated the cash flow that secured the bonds' interest payments.[6] Prudential also received guarantees from Bowie's label, EMI Records, which had recently signed a $30m deal with Bowie.[4] By forfeiting ten years worth of royalties, Bowie was able to receive a payment of US$55 million up front. Bowie used this income to buy songs owned by his former manager.[5] Bowie's combined catalog of albums covered by this agreement sold more than 1 million copies annually at the time of the agreement.[4] Shortly after launching, however, the rise of MP3 sharing caused music piracy to rise, and music sales to drop,[7] which was one of the factors that led Moody's Investors Service to lower the bonds from an A3 rating (the seventh highest rating) to Baa3, one notch above junk status.[8][9] The downgrade was prompted by lower-than-expected revenue "due to weakness in sales for recorded music" and that an unnamed company guaranteed the issue.[10] Despite this, the Bowie bonds liquidated in 2007 as originally planned, without default, and the rights to the income from the songs reverted to Bowie.[11] 1 Quote
VoivodBG Posted July 2, 2021 Report Posted July 2, 2021 Jebe čovek ne vadi. E ako bi jednu pametnu stvar svi muzičari mogli da izvuku od gospodina Jones-a, onda je to kako da se izvučete iz loših dilova koje potpišete jer ne čitate mala slova na ugovorima. Onda nema neugodnosti. 😄 Quote
VoivodBG Posted October 3, 2021 Report Posted October 3, 2021 Quote David Bowie's fabled 2001 studio album, Toy, is receiving its first-ever commercial release. The previously unreleased album will be included as part of an upcoming archival box set, Brilliant Adventure (1992 - 2001), due out on November 26th, before receiving a standalone release as a multi-disc set called TOY:BOX on January 7th. Toy was recorded in the aftermath of Bowie's 2000 performance at Glastonbury, as the Thin White Duke sought to reimagine some of his earliest recordings with a live backing band, and then release it in a surprise manner. But after EMI/Virgin put the kibosh on those plans, Bowie lost interest in the project, moved to Columbia Records, and recorded the album Heathen. Several tracks from Toy appeared on Heathen or released as B-sides, and the album eventually leaked online in 2011, but this marks the first time the full album is receiving a commercial release Quote
VoivodBG Posted November 3, 2021 Report Posted November 3, 2021 Pored ovog zanimljivog klipa, na čitavom kanalu su remasterizovali skoro sve spotove i objavljuju neke koji nisu bili dostupni pre. Quote
VoivodBG Posted January 9, 2022 Report Posted January 9, 2022 Quote I talked to one of the musicians who is on this and got a more complete story. First, these aren’t outtakes at all, and second, they weren’t initially intended to be a Bowie album. The idea was to form a sort of supergroup behind Bowie and Eno, and record an album as a one-off project for that group. This is essentially that album. So what we have here is a fully-realized concept album for a group that never came into existence. It was then presented to the record company, who as we all know rejected it as “uncommercial.” After that, Bowie used parts of it as the basis for an entirely new project, which became 1. Outside. So, had this been released, 1. Outside would have never happened. So, rather than this being outtakes from Outside, it’s actually more true that Outside was based on outtakes from The Leon Suites, an album in it’s own right. There were five suites recorded for Leon. Two were deleted, with three receiving a final mix then being presented to the record company for release. It’s possible that some of the outtakes came from the two other suites, which themselves became outtakes. And that’s only talking about the Leon project. When the record company passed on Leon, Bowie took parts of it and used them as the basis for 1. Outside. That project has it’s own outtakes. The confusion comes in because people fail to realize that we’re talking about two separate projects, Leon and the later Outside. They tend to lump the outtakes from both together and call them all outtakes from Outside. Even this was called Outside outtakes, when in reality it’s a finished album which, if released, would have meant that Outside would never have happened. i David Bowie, Brian Eno, Reeves Gabrels, Mike Garson, Erdal Kizilçay & Sterling Campbell are the ones who got the writing credits for this so-called “Leon” tape which was recorded at Mountain Studio, Switzerland. Also these sessions were always known as Outside; the name Leon was a name given to just 1 tape which was part of the Nathan Adler series. Other tracks recorded in Switzerland were “The Hearts Filthy Lesson” “A Small Plot of Land” The other tracks on 1. Outside were recorded in New York, where Carlos Alomar was added to the line up. From all previous stuff I have read, 2 or 3 complete cd’s were rejected by several record companies, as Bowie did not have a record contract at this time. Most of the info about these so-called “Leon” tapes comes from the musicians, but accounts vary. These were not ‘early’ sessions. These were sessions to make this album, as 1. Outside was not yet thought of. Outside only happened because this album was rejected, leading Bowie to use bits and pieces as a foundation for a new project – Outside. As far as what was rejected – this, the 3-suite version, was intended for release as a finished album. They also discussed releasing the 5-suite version as a double album. Goody’s additional notes: Pitch of the source was approx. 54 cents sharp. The DC Offset of the tracks was slightly off and has also been corrected. Edits performed in Audition. RIP David. You’ve left us with a body of work that will stand the test of time! Quote
VoivodBG Posted December 22, 2022 Report Posted December 22, 2022 https://www.messynessychic.com/2022/12/14/what-david-bowie-learned-from-the-gugging-psychiatric-institution 1 Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.