Robert Fripp

Robert Fripp's Diary

Thursday 13 August 2009

DGM HQ The work is

09.45

DGM HQ.

The work is in the middle.

The street I…

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11.14    What’s this? I…

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Dear old Mr. Stormy, David & the HRVL are in DGM SoundWorld I preparing Theo & Fripp’s live performance at Bishop’s Cleeve for download.

IMO 2 pieces outstanding, 3 very good. All in all, el fabbo.

And from the concerns of aspirant musicians to the concerns of the professional player: exploitation, theft & piracy. A kitchen-signing the Island UMG Settlement Letter in respect of unauthorized copyright usage I…

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The Seattle Circle will be receiving a useful donation. Heartless, Raging Venality will be receiving £1.

12.03    This is important…

Major record labels own part of Spotify
Sony BMG Music, Universal Music, Warner Music, EMI and Merlin all owners of Spotify
Marcus Jerrang Computer Sweden

Some of the world’s largest music companies are among the owners of Swedish streaming music service Spotify, with the record labels buying their shares for a pittance, according to financial documents obtained by Computer Sweden.

When it launched in October 2008, Spotify publicized music rights deals with Sony BMG Music, Universal Music, Warner Music, EMI and Merlin.

Behind the scenes, these five music companies were at that time made shareholders in Spotify. Combined, the record companies paid just €8,800 for an 18 percent share of Spotify’s stock, according to financial filings obtained by Computer Sweden from the Trade Register of Luxembourg, where Spotify is registered. Investments made this July, nine months later, have put Spotify’s market value at €193 million.

May we note: record labels pay no artist royalties for their shareholdings, even where the shares are provided in exchange for access to those companies’ catalogues. Royalties are paid on music sales & downloads, and what has that got to do with shareholdings?

12.54    Of the large numbers of mails in the inbox, an astonishingly small number contribute to the quality of my life. The large majority come down to this: give me your time & attention now! and for nothing! Some ask for my advice. I note, very very few of those who ask for my advice want to receive it.

Sensitive & considerate correspondents reading this will now think – I won’t write again, I know he’s busy. These are the people whose correspondence, mostly, has reality. Those who think – he doesn’t mean me! Actually, yes, I do mean you. Please don’t write, again, asking why you haven’t had a reply to your first e-letter & the second e-letter, asking why I didn’t reply the first time.

Sometimes no answer is an answer, especially when the answer is no.

13.19 Shortly off home.

19.40    Bredonborough.

En route, a brief visit to Romain’s Emporium Of Antiquities, Wonder & Delight I…

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I am happy to report that Mr. Romain is in good health & cheer.

Arriving in Bredonborough c .16.10 & visiting Beric’s celebration space for tomorrow.

The street I…

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The back door-ish I…

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20.54    A final visit to Beric in the Chapel of Rest, next to the Fire Station, with all his children: Nicola, Kim & Toyah.

A reflective walking-home.

Evening views I…

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