Word: label
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Dates: during 2000-2009
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Releasing an album with a major record label is similar to giving birth. It usually takes nine months, and the pain can be unbearable. Even at its most efficient, the process requires the input and assent of retail conglomerates, lawyers, marketers, radio promoters and CD manufacturers. And if the project is a runaway success, it might bring in half the revenue it would have a few years...
...members of Radiohead-five prosperous, educated and reasonable men whose major-label contract with EMI expired in 2003-decided that the process could be streamlined. So last week guitarist Jonny Greenwood announced on the band's official blog that a new album, In Rainbows, would be available on Oct. 10 only at Radiohead.com. With a few words, the labels and middlemen were cut out of one of the most anticipated releases of the year...
...industry stuck in the financial equivalent of Hurricane Alley, In Rainbows is more than just another storm. "This could be the mother of them all," e-mailed an A.-and-R. executive at a major European label. EMI pulled in $3.6 billion last year. It is a couple of Radioheads away from a musical New Orleans. Many record-company lifers were stung by the rejection of a band on a decade-long run of excellence, but the real damage could stem less from Radiohead's determination to go it alone than from its "stadium sound at museum pricing" scheme. "That...
...majors to collaborate on creation of the ultimate digital-distribution hub, a place where every band can sell its wares at a price point of its choosing. Apple's iTunes, despite its current dominance, is vulnerable. Consumers dislike its incompatibility with other music services, and the labels are rebelling against its insistence on controlling prices. (Universal Music, the largest label in the world, has declined to sign a long-term deal with iTunes.) "There's real urgency for the labels to get together and figure this out," says Rick Rubin, the Grammy-winning producer turned co-head of Columbia Records...
...terrorist” rather liberally and, given conventional definitions, incorrectly. But U.S. lawmakers should think twice about condemning this propagandist political move. The American government, in conducting its “war on terror” is no stranger to semantic sleights of hand, displaying a tendency to label (or mislabel) just as egregiously as the Iranian parliament...