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Wow.
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I'm curious if this is why the perpetuity rights thread was revived today, or if that was just a convenient coincidence.
Either way, I'm very curious what (if anything) this will mean for some of those neglected scores. Will this new management recognize the potential sales in some of them and actually be willing to do something about it? Or is their planned expansion of Varese's annual output going to focus on new scores, rather than old? Will they be more willing to consider the idea of licensing out some of those older scores to labels like LLL or Intrada, or does this development scuttle that notion entirely? I hope we find out the answers soon.
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I wonder if they will still continue with the club releases. It would be a cryin shame if they discontinued this practice.
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I wonder if they will still continue with the club releases. It would be a cryin shame if they discontinued this practice.
A-men.
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Interesting news. I, too, wonder if Varese may be convinced to license out their perpetuity titles now that they're handling even more releases than before. This might be an excellent opportunity to do so, seeing as how their already-outbalanced commitment to contemporary work is likely to increase based on what we've read.
I also wonder if either their CD output or their moderate dip into downloads will change.
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As long as CD versions continue to come out in addition to more downloads, at least for the near and intermediate future, they can expand their download offering as much as they please. But I'll continue to buy the CDs. The Varese albums on HDtracks aren't even higher than CD-quality; what's the advantage?
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Posted: |
Jan 6, 2013 - 11:08 PM
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By: |
SchiffyM
(Member)
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Realistically speaking, I wouldn't expect monumental changes, good or bad. After all, what is Cutting Edge buying? They could start a soundtrack label on their own. Instead, they chose to buy Varèse. What do they get for that purchase? As far as I can see, they get…
• A (small) team of knowledgable professionals with decades of relationships in the industry.
• A back catalogue with some exploitable assets (the famous "in perpetuity" list).
• A trusted name in our niche (though some seem to distrust it equally).
• Probably two dozen boxes of unsold "Adventures Of Sharkboy And Lavagirl in 3-D" CDs.
Am I missing anything? (Besides a bunch of Matthew Peak paintings?) It's not like they're getting a pressing plant, or an office building, or even a brand that's known outside of a few thousand people.
So if that's what they bought, it seems to me they're going to want Varèse to keep doing a version of what they're doing. Maybe the infusion of cash will allow them to better exploit their catalogue, in the way they got their feet wet with the "Die Hard 2" complete release. We know from the article that it will allow them to release more CDs. Seems like it's all to the good.
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