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	<title>Engine Room Insights &#187; Risk</title>
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	<description>Lessons Learned from Rock and Roll</description>
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		<title>Island daze</title>
		<link>http://speakmusic.tv/2008/11/island-daze/</link>
		<comments>http://speakmusic.tv/2008/11/island-daze/#comments</comments>
		<pubDate>Sat, 15 Nov 2008 11:46:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[Creativity]]></category>
		<category><![CDATA[Insights Collection]]></category>
		<category><![CDATA[Journey Thru The Past]]></category>
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		<category><![CDATA[Risk]]></category>
		<category><![CDATA[View from the "Engine Room"]]></category>

		<guid isPermaLink="false">http://engineroominsights.wordpress.com/?p=645</guid>
		<description><![CDATA[I miss Island Records but I don&#8217;t miss record companies, Island was in a class of it&#8217;s own. Its a tough one to describe, you really did have to be there. Now I&#8217;m standing from the rooftops and shouting, &#8216;I was there, tough luck if you weren&#8217;t!&#8217;
My friend Neil met up with Chris Blackwell, Island [...]]]></description>
			<content:encoded><![CDATA[<p>I miss Island Records but I don&#8217;t miss record companies, Island was in a class of it&#8217;s own. Its a tough one to describe, you really did have to be there. Now I&#8217;m standing from the rooftops and shouting, &#8216;I was there, tough luck if you weren&#8217;t!&#8217;</p>
<p>My friend Neil met up with Chris Blackwell, Island Record&#8217;s founder last week and it got us talking about those times yet again. There aren&#8217;t too many moments in anyone&#8217;s career that trigger off the most vivid of memories, but the merest mention of Island life and we&#8217;re away! I was equally as pleased to hear that the two of them had done just the same! (check out Neil&#8217;s blog for more about CB and Island at Neilstorey.blogspot.com)</p>
<p>You meet a lot of people in the music industry and you meet a multitude of stars. For me I not only met them but I worked with U2, Bowie, The Police, Genesis, Peter Gabriel, Bob Marley. The list goes on, but when I talk about Island my only regret is that I never met Chris Blackwell. It was probably circumstance more than anything, he commuted between Jamaica, London and New York and I didn&#8217;t cover any radio stations there. I wonder, was  he was avoiding me? That being said he played a huge role in my career, firstly as a fan of Island music and then professionally.</p>
<p>I can talk about growing up at Island and learning my trade as a promotions guy because I was left alone to do it, left to make my own mistakes. It was much the same script I gave anyone who came to work for me once I set up my own promotion company. Go do it, if you fuck up there isn&#8217;t anything I can&#8217;t pull you out of. Make your own mistakes, I made plenty but they&#8217;re exclusive to me! If they made mistakes but identified them and recovered from them they proved themselves to be the right choice. Looking at the people who came and went I think my choices were good, they went on to become radio presenters, form their own promotion companies, management companies. And my intern went on to manage Coldplay! I think I emulated Chris Blackwell&#8217;s A and R policy, go with your gut instinct and believe in the people you work with. He was the Lion King, he lived in me!</p>
<p>In the early days Chris Blackwell was the A and R department. He found someone, he talked to them, told them how great he thought they were and how he thought he could help their career and boom&#8230;they&#8217;re signed. Prime example Bob Marley, it worked for both parties. Marley would never have been recognized and gain the popularity he did without Blackwell&#8217;s guidance and likewise CB would not have been able to attract new acts to his label if he hadn&#8217;t done such a remarkable job with Marley.</p>
<p>He needed to stand proud and look at what had been achieved and build his label from there.That&#8217;s the secret of a good record man. I won&#8217;t harp on about artist development, scroll down there is plenty of that but what I will say is how vital it is that you have a creative mind and an understanding for what you sign. It isn&#8217;t just the music it&#8217;s &#8216;can I work with these people, do we both have the same vision?&#8217; Though Chris didn&#8217;t physically sign U2 and it&#8217;s been well documented by the man himself, it took just one meeting with them and manager Paul McGuinness to convince him of what his colleagues at Island were saying, this lot are special. Rob Partridge and Neil Storey had worked long and hard in the early days until Nick &#8216;the captain&#8217; Stewart stuck the piece of paper under them that said..come join this fabulous place that employs me.</p>
<p>Still to this day I think it was the perfect marriage. No label would have persisted in supporting U2 the way Chris Blackwell and Island did back then and certainly no label would have dared not to interfere. They owed the label so much in the first few years that most people would have stepped in and said &#8216;Oi, stop pissing my money away, this is how it&#8217;s going to be.&#8217; Island knew how to grow with their artists. Through relationships based on mutual respect.</p>
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		<title>Let them grow and they will flourish.</title>
		<link>http://speakmusic.tv/2008/10/let-them-grow-and-they-will-flourish/</link>
		<comments>http://speakmusic.tv/2008/10/let-them-grow-and-they-will-flourish/#comments</comments>
		<pubDate>Tue, 28 Oct 2008 12:07:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[Artist Development]]></category>
		<category><![CDATA[Creativity]]></category>
		<category><![CDATA[Insights Collection]]></category>
		<category><![CDATA[Journey Thru The Past]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Managing Creativity]]></category>
		<category><![CDATA[Managment]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Risk vs. Opportunity]]></category>

		<guid isPermaLink="false">http://engineroominsights.wordpress.com/?p=555</guid>
		<description><![CDATA[Today the artists are doing what the record companies can longer do , or have no desire to do, build careers. It involves work, hard work by dedicated people and there used to be a word for it, artist development.(OK two words) But you still never hear it mentioned anymore by record companies. It gave [...]]]></description>
			<content:encoded><![CDATA[<p>Today the artists are doing what the record companies can longer do , or have no desire to do, build careers. It involves work, hard work by dedicated people and there used to be a word for it, artist development.(OK two words) But you still never hear it mentioned anymore by record companies. It gave the artist longevity and at the same time it gave the label the likelyhood of  re couping, and then start to make BIG money. Isn&#8217;t that what investment is, putting money in and waiting for a return?</p>
<p>Yes waiting, it&#8217;s something that you still see happen back in football in England and I&#8217;m sure it happens all over the world, and with other sports too. They have a youth policy, they sign someone with talent and allow them to develop and then when the time is right they throw them in at the higher level and watch them perform. The artists start to maximise their potential, become successful and then they see a return on their investment. Like the footballer learns his trade, plays better and more people come to see him so to does the songwriter. They begin to evolve, write better songs and become a better performer. Their doing well benefits everyone and makes for a better business. The artist becomes self sufficient, gains more artistic control and starts to make better records, maybe even ending up with a better record deal as a result of their success. Of course it doesn&#8217;t happen every time but guess what happens when it does is it allows the record company to go back and do it all over again with some other talent.</p>
<p>It makes for a much better record industry and that in turn allows the flow of good, successful and consistent homegrown talent and an opportunity to export that talent and become successful overseas. The UK record industry used to be a right little earner! Breaking acts overseas, especially in America was considered vital in their development, a viable export and something that helped put the &#8216;great&#8217; in Britain. That is something that has started to deteriorate over the years especially in the US where you just hear the occassional successs story, Coldplay, James Blunt. It&#8217;s the safest of England, it&#8217;s OK but it&#8217;s not groundbreaking. It makes the risk of failure less likely, it appeals to the masses and it&#8217;s easy to promote, and usually you hear more about the UK acts who don&#8217;t crack America, Robbie Williams, Oasis etc</p>
<p>Everything else is back to doing it the same old fashioned way, by touring their asses off. Everyone who ever broke America did with blood sweat and tears, sleeping on people&#8217;s floors or driving overnight to their next show to save on hotels. It was relentless and it was &#8216;paying your dues&#8217; and it left you better prepared for success, you&#8217;d earned it. Has it ever been any different? Led Zeppelin in the late 60&#8217;s and 70&#8217;s, U2 in the 80&#8217;s. Radiohead, Bush etc and we go back to not needing a record company. The only thing a record company could do is give them tour support, something again they are less likely to do today. In Led Zeppelin&#8217;s case their first ever was funded by themselves, they recouped and made money on every tour after that! They didn&#8217;t even need the weight of Atlantic Records.</p>
<p>The simplest, most obvious way of doing things is always the best. Long live rock and roll.</p>
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		<item>
		<title>Who did what to rock and roll?</title>
		<link>http://speakmusic.tv/2008/10/who-did-what-to-rock-and-roll/</link>
		<comments>http://speakmusic.tv/2008/10/who-did-what-to-rock-and-roll/#comments</comments>
		<pubDate>Mon, 20 Oct 2008 19:52:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[Artist Development]]></category>
		<category><![CDATA[Creative Management vs. Managing Creativity]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Opportunity]]></category>
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		<category><![CDATA[Risk vs. Opportunity]]></category>
		<category><![CDATA[Tony Michaelides]]></category>

		<guid isPermaLink="false">http://engineroominsights.wordpress.com/?p=534</guid>
		<description><![CDATA[Who did what to rock and roll indeed? Everyone is to blame, some more than others. Maybe the one area where they understood it a little better is touring, it seems to be thriving.  It shows that while the record business suffers the music business doesn&#8217;t.  Let&#8217;s begin by taking a look at record companies and [...]]]></description>
			<content:encoded><![CDATA[<p>Who did what to rock and roll indeed? Everyone is to blame, some more than others. Maybe the one area where they understood it a little better is touring, it seems to be thriving.  It shows that while the record business suffers the music business doesn&#8217;t.  Let&#8217;s begin by taking a look at record companies and see why the don&#8217;t quite have the attraction they once did.</p>
<p>There was the time everyone wanted a record deal, you signed and you were on your way.  Being signed to a record company meant something, it was a massive boost. You felt invincible.  It gave you the determination to succeed, someone had spotted you, thought you had that certain something and wanted to make you successful.  It was like passing your driving test, someone had recognized you could do this and you were ready for the road.  It might be a long road, but they had the courage to stick with you, they were in it for the long haul.  They signed you because you had talent and they wanted to nurture that talent, they wanted to watch it grow.</p>
<p>You were given the money you needed to make a record and maybe a little more to live on, to tour.  It was &#8220;the advance&#8221; and it did what it said it would do, it allowed you to advance, it wasn&#8217;t an instant fix. And with it came an experienced group of people to help make it happen.  Maybe you were young and lacked experience, maybe your manager needed a little guidance, some help.  All you had was talent, not a bad place to start.  The record company had that experience, where you hadn&#8217;t done it before they had and were prepared to help.  Wherever you were lacking they had people who could help. they had made mistakes, plenty of them and a lot more than anyone they&#8217;d ever signed.</p>
<p>The money the record company gave you was a loan and like any business they wanted a return on their investment. It&#8217;s called recouping and it means repaying but like any investment they didn&#8217;t expect it to happen overnight, it was a risk. They were prepared to wait ad not only did they get their money back, they got a lot more. It was a never ending circle, when you made money off one band you invested in another looking for the same return. it made good business sense and it allowed labels and acts to grow together.</p>
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