Band Threatens To Ditch Label, Release Songs Online -- But It's All A Ploy
from the negotiating-tactic dept
While it may sound like top rockers Linkin Park have "seen the light" concerning how the recording industry should work, it's much more likely that they're just putting on a bit of a show as a negotiating tactic. The band is getting a ton of press for claiming it wants to walk out on its contract with Warner Music and will release songs on the internet instead, while making money by increasing its "reliance upon touring, merchandise and endorsements". This might just sound something like some people have suggesting is the future for recording artists -- but, honestly, the details suggest this is all a negotiating ploy by the band to get more money out of Warner. If anything, it sounds like a very typical dispute between a successful band and its record label, after the band discovers just how badly the label screwed them over with their initial contract, and decides it wants more. All of the other stuff that Linkin Park is claiming about Warner's IPO, and how none of that money is going to the artists seems like they're just trying to work up fans into a frenzy rather than look at the actual issues. Unless the band had worked into their contract that they got equity in the firm (not likely), there's simply no reason they should be demanding a cut of the IPO. So, don't expect Linkin Park to suddenly run out and embrace the internet as a way to build a new business model. This is all just posturing for the sake of contract negotiations.