Artifact Page #3

even using Vegas terminology:

it's like if we are the black square,

we put everything on black and

we roll the dice.

We are heading to see our

manager Irving Azoff

and our lawyer Peter Paterno.

How are you doing?

Good.

Okay, what do you want to do?

What I would like to happen is:

I would like to go to court,

I'd like to sit in front

of a jury of my peers.

I think in any lawsuit

that's a slam-dunk,

you still have a 20%

chance you get screwed.

Let me ask you a big picture question:

Signing a record deal with a traditional

record company or not.

What are the other options?

My view has always been that any deal that

doesn't involve a major

record label is better

than any deal any major

label will offer you,

because you have your ownership,

your masters.

The other issue too,

that you have to keep in mind,

is that even if you signed

with one of these other alternatives,

EMI is still suing you.

It seems that we're between

a rock and a hard place.

Either signed some antiquated dinosaur deal.

But what's the new model of it?

The new model is worse, so the antiquated

dinosaur deal is a good deal.

Why there isn't a new model that's better?

People are listening to

music more than ever.

Cause they're all losing money.

They're not buying it.

They may be listening but

they're not buying it,

they're not paying for it.

It makes it even

less valuable.

If it were a traditional record company

we wouldn't be sitting here,

we would have settle that a long time ago.

We drew a bad card.

We drew a guy from outside the business

who doesn't play by industry rules,

who doesn't give a sh*t.

We can't get them to settle.

They're not gonna settle now.

They said to me:

"I don't care how long it takes.

I don't care how angry

it makes the other label groups.

I would go to court to a decision."

The record business is in a very

very serious trouble.

If you look at historically

other businesses

that have gone away, I think there is

this kind of gradual decline...

Well gradual,

it has been pretty severe, but like this

and then it just reaches

a kind of tipping point

and just falls off the cliff.

The economics around

the record business

is based on selling albums.

You know growing up you

had to buy the entire album

to get the song you loved,

you had to!

You had no choice!

And now, what happens is:

A kid is sitting at home and goes:

"I've got to hear that Kings and Queens song,

I got to hear that!"

They don't have to get in a car

or ask their parents

and save up 12 bucks to go buy.

Now you're given a choice and

you can buy the song you love

without buying the album,

you gonna do that,

not only that, when you can buy...

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