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Re: Universal Definitely Got Most If Not All Their Money Back
We are not that split.:ummm: Yes, the record company would have eventually made that money from GH at some point in the future either way. However, it was specifically released at that point in time because Axl would not turn over Chinese. They definitely were trying to cut their losses from the Chinese Debacle. They accomplished that. However, at what cost? They released an album against their artists wishes and created a clear rift between artist and label. One that obviously has not been mended. So, in the short term, the label won. In the long run, they may not.:peace:
Re: Universal Definitely Got Most If Not All Their Money Back
what can GnR do? they have no choice legally but to release the album cuz they still owe Geffen one, and if its not released then axl may never have a career again cuz Geffen could block him from releasing anything cuz the next thing he releases must be thru universal... which kinda makes the Axl appearing on Baz's album a bit of a milestone between the 2 parties cuz Iovine actually let him appear on it.
- DoubleTalkingJive
- Rep: 74
Re: Universal Definitely Got Most If Not All Their Money Back
what can GnR do? they have no choice legally but to release the album cuz they still owe Geffen one, and if its not released then axl may never have a career again cuz Geffen could block him from releasing anything cuz the next thing he releases must be thru universal... which kinda makes the Axl appearing on Baz's album a bit of a milestone between the 2 parties cuz Iovine actually let him appear on it.
Maybe he did that because he knew that GNR fans would be excited that Axl is on a studio album thus making it, in some sort of way, better for them when CD is released. Keeping Axl out there so to speak.
Re: Universal Definitely Got Most If Not All Their Money Back
"Reckless Life,"
Even the demo (Proper Studio) version sounds terrible, who the hell thought this was worthy of a "Greatest Hits" Spot...?
Re: Universal Definitely Got Most If Not All Their Money Back
Sic, we are definitely pissing in the wind...BUT, Merck's comment on this issue on 12-15-06, coupled with reading the document I posted, suggests I am right about no negotiations since 1998.
Merck...12-15-06
"The record company refused to conclude the renegotiation until we were ready to hand over the finished album and refused to prepare a marketing campaign or commission video treatments until they had it in their hands. This is still their position as of this week."
First off, what we're "arguing" about here is a moot point in the big picture. It boils down to semantics. I've always read the Merck comment in the sense that GNR would have to renegotiate the finer points regarding CD's release after the cut of funding in 2004. Obviously, had Axl played ball in/by 2003, the old contract (with whatever amendments it contained from 05/01/98 onwards) would've remained valid on all points. Now I fear Universal is able to push Axl's people to review their end of the deal before the release.
if something significant would have happened between May 98 and Dec 2003, the legal brief would have mentioned it because it would have been an alteration to the contract that they based their entire lawsuit on!
It's certainly looks to be the most important sole amendment from that time period. Just saying there might some subsequent alterations, that's all. The wording of the lawsuit doesn't exclude such a possibility.
Anyway, the facts in the case as they currently stand are that no new deal was struck with the label regarding CD's release in all of 2006. When considering that alongside the fact that Ron was hired 2-3 weeks before the '06 tour (late April, probably), the picture that begins to form is that GNR was on very thin ice when embarking on a tour and maintaining that the album would come during that very same calendar year. RIR4 was cancelled two months ahead, officially due to Bucket's resignation. Now they went up to the last two weeks before hiring a replacement while the record remained unfinished (with 5-6 studio days left for Axl), and renegotiations were still in a flux.
They were definetly pushing it to reach the European festival season, with the expense of everything else.
