[Les Cargill[_4_]]

(hank alrich) wrote:
Scott Dorsey wrote:

Les Cargill wrote:
But there's nothing new there. Funny how the suits* end up controlling
the budget. And that budget doesn't go to those smelly people
who make the stuff; it goes to other suits because that fits
the norms better.

*not picking teh suits; it's just a nice punchy word.

This is literally true everywhere. It's not limited to music. There
were cases at a former employer where just contract process navigation
cost more than the contract.

This is not new and it's not a bad thing either. The problem is when the
suits who are making those decisions have no vision beyond the next week,
and I think that is comparatively new.
--scott

The suits entered when the founders retired and the labels were taken
over by Wall Street. I'm thinking that began in earnest in the 1980's.


The money started getting bigger in the 1980s. Remember Geffen Records?
Too much money makes you lose focus. Plus reselling all that back
catalog was so profitable...

http://thinkjarcollective.com/articl...-on-the-value-
of-cigar-chomping-old-guys/

The "cigar chomping old guys" were actual entrepreneurs. "Too much
money" is generally a huge problem if you care about what you do.
It attracts the wrong element, pumps your ego the wrong way.

--
Les Cargill