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VIP- News
premium ›› Vol. 128 ›› SEPTEMBER 2010
McGowan’s Musings: Some of the VIP crew have recently returned from long and wide corridors of Tempelhof. The almost monumental passenger areas of this legendary Berlin airport are now the new home of Popkomm, and facilitate the business of international music business people rather than the devious journeying of the international spies and men and women of mystery of yesteryear – although, come to think of it I have met a few characters at various music conferences who might quality for the latter descriptions! In fact if I’m honest I do get the “What exactly do you do?” query myself every now and again – still as I’m not even sure myself what I want to be when I grow up how can I expect anybody else to know? Anyway, I didn’t make it to Popkomm myself, as I was double booked into a cabin with a sauna by a lake in Finland – don’t ask! Bit you’ll be glad to know that you will find reports on the return of Popkomm in this issue. I will however be heading to Hamburg to take part in various panels during Reeperbahn Campus in the next few days, followed by a trip to ‘You Are In Control’ in Reykjavik at the start of October, then to
seemed to be quietly getting on with it have just been sued by Michael Jackson’s mother, who is seeking unspecified damages alleging the firm failed to provide life-saving equipment and oversee a doctor who was hired to look out for the pop star’s well-being as he prepared for what were intended to be his comeback concerts in London. Allan McGowan
Paris for the MaMA event in mid October – again details are in this issue and we’ll report back from all of these events in the October issue. Some of the panels in these upcoming conferences will no doubt address live music topics, festivals, touring, ticket prices and the like, and it’ll be interesting to see, considering certain developments whether the sector continues to be referred to in the upbeat tones which we have become used to. Following a summer of cutting ticket prices Live Nation’s 4th quarter returns are expected to make even more distressing reading, particularly for shareholders, than the ‘disappointing’ 3rd quarter figures. AEG, who
Even HMV who seemed to have sorted out the shortfall problems in their core music retail business by moving into live with the purchase of the Mama Group are having their problems (see report in this issue). To add to it all, UK Collection Society PRS are proposing to raise Performance Royalty Rates, at the moment UK promoters pay 3% on concert returns, in other territories this is a lot higher, with Italian promoters for instance paying 10%, so there are fears that this could rate could escalate dramatically, responses to an industry open consultation document are due in the next month. In the light of all this Music Tank, a business development network for the UK music industry, owned and operated by
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