Viktor Edholm’s Techdirt Profile

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Viktor Edholm’s Comments comment rss

  • Jul 10th, 2011 @ 3:30pm

    (untitled comment)

    Am I the only one reacting to the fact that the recordlabel, in the video, is basically just a big ass $1 million loan? The costs for recording etc. seems to be covered by the "advance" which the artist has to pay back anyway? Doesn't that mean that the artist payed for producing the album himself? Just with a loan from the labels?

    Shouldn't they be able to get a loan with better rates somewhere else? What actual function does the labels serve?

  • Jul 10th, 2011 @ 3:29pm

    (untitled comment)

    Am I the only one reacting to the fact that the recordlabel, in the video, is basically just a big ass $1 million loan? The costs for recording etc. seems to be covered by the "advance" which the artist has to pay back anyway? Doesn't that mean that the artist payed for producing the album himself? Just with a loan from the labels?

    Shouldn't they be able to get a loan with better rates somewhere else? What actual function does the labels serve?