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Re: Azoff-Axl Lawsuit Settled: Includes "comprehensive touring agreement"
Ali wrote:I would hope a detailed financial analysis is being done to help determine from a financial perspective, at least, the best course of action.
Ali
This is Axl Rose we're talking about. Detailed financial analysis? Remember this is the same guy who spent $15 million making a single album.
Yeah, but like buzzsaw said, it wasn't really his money. Also, I think it's obvious it wasn't just 14 songs that were being worked on, too. Not that $15 million isn't exorbitant, but factually speaking, it wasn't jus one album.
But, I'm not saying only the finances should or actually will dictate the decision-making. I just hope it's considered.
Ali
- tejastech08
- Rep: 194
Re: Azoff-Axl Lawsuit Settled: Includes "comprehensive touring agreement"
tejastech08 wrote:Ali wrote:I would hope a detailed financial analysis is being done to help determine from a financial perspective, at least, the best course of action.
Ali
This is Axl Rose we're talking about. Detailed financial analysis? Remember this is the same guy who spent $15 million making a single album.
Yeah, but like buzzsaw said, it wasn't really his money. Also, I think it's obvious it wasn't just 14 songs that were being worked on, too. Not that $15 million isn't exorbitant, but factually speaking, it wasn't jus one album.
But, I'm not saying only the finances should or actually will dictate the decision-making. I just hope it's considered.
Ali
Factually speaking, the record company only has one album in their possession after spending that $15 million. Axl might never release the alleged "vault" tracks.
Re: Azoff-Axl Lawsuit Settled: Includes "comprehensive touring agreement"
Factually speaking, we really have no earthly idea of the exact financial details/cost breakdown between Axl and the label and the release of Chinese. All we know is that it was way overdue!
"May 1, 1998 amendment, see Hoffman Decl. Ex. A, Axl Rose agreed, among other things, to deliver that new studio LP (which was even then long overdue under the Recording Agreement)"
10 years later he delivered....:haha: I still get the biggest kick out of reading that gh lawsuit document.
- Mikkamakka
- Rep: 217
Re: Azoff-Axl Lawsuit Settled: Includes "comprehensive touring agreement"
Factually speaking, we really have no earthly idea of the exact financial details/cost breakdown between Axl and the label and the release of Chinese. All we know is that it was way overdue!
"May 1, 1998 amendment, see Hoffman Decl. Ex. A, Axl Rose agreed, among other things, to deliver that new studio LP (which was even then long overdue under the Recording Agreement)"
10 years later he delivered....:haha: I still get the biggest kick out of reading that gh lawsuit document.
Yeah, and it's nice to remind the revisionist of the fact that the album was terribly late even in 1998. Cause some theories surface time-to-time that it didn't take that long for Axl to deliver it and they set 2000 as the start of the project. Hell no.
BTW I really hope that Axl will start to release music more regularly. CD was a disappointment for me partly because it took that long and it was all we got. It's still among the best 5 past-1993 GN'R-related releases, but it's just not enough from Axl in 15 years. If he releases a CD quality album in every 3 years, I'll be satisfied. But with more time you expect better result.
Re: Azoff-Axl Lawsuit Settled: Includes "comprehensive touring agreement"
Ali wrote:tejastech08 wrote:This is Axl Rose we're talking about. Detailed financial analysis? Remember this is the same guy who spent $15 million making a single album.
Yeah, but like buzzsaw said, it wasn't really his money. Also, I think it's obvious it wasn't just 14 songs that were being worked on, too. Not that $15 million isn't exorbitant, but factually speaking, it wasn't jus one album.
But, I'm not saying only the finances should or actually will dictate the decision-making. I just hope it's considered.
Ali
Factually speaking, the record company only has one album in their possession after spending that $15 million. Axl might never release the alleged "vault" tracks.
Not the point. The point was he didn't just record 14 songs, or one album's worth of material. Axl has confirmed the existence of about 10 other songs and at one point told RS they were working on 32 songs.
I never said more than one album has been released or will be released. I said the entire some of money was not spent on just a single album's worth of material. I don't see how that is disputable in any way.
Ali
- tejastech08
- Rep: 194
Re: Azoff-Axl Lawsuit Settled: Includes "comprehensive touring agreement"
tejastech08 wrote:Ali wrote:Yeah, but like buzzsaw said, it wasn't really his money. Also, I think it's obvious it wasn't just 14 songs that were being worked on, too. Not that $15 million isn't exorbitant, but factually speaking, it wasn't jus one album.
But, I'm not saying only the finances should or actually will dictate the decision-making. I just hope it's considered.
Ali
Factually speaking, the record company only has one album in their possession after spending that $15 million. Axl might never release the alleged "vault" tracks.
Not the point. The point was he didn't just record 14 songs, or one album's worth of material. Axl has confirmed the existence of about 10 other songs and at one point told RS they were working on 32 songs.
I never said more than one album has been released or will be released. I said the entire some of money was not spent on just a single album's worth of material. I don't see how that is disputable in any way.
Ali
If it never gets released, does it really matter how much he recorded? Somehow I doubt the record company will feel like they got their money's worth if Axl recorded 40 tracks and only released 14. Hell, I doubt they would feel like they got their money's worth if he recorded 400 tracks and released all of them. That is an insane amount of cash to spend.
- Mikkamakka
- Rep: 217
Re: Azoff-Axl Lawsuit Settled: Includes "comprehensive touring agreement"
With the Best Buy deal and the sales of Chinese outside the US, I am quite certain the record company got their money back plus turned a profit.
Had they put that money in a bank for 15 years, they would have got more. So from a record company's point of view CD was a loss. I'd be the last to feel sorry for a huge label though.
Re: Azoff-Axl Lawsuit Settled: Includes "comprehensive touring agreement"
Ali wrote:tejastech08 wrote:Factually speaking, the record company only has one album in their possession after spending that $15 million. Axl might never release the alleged "vault" tracks.
Not the point. The point was he didn't just record 14 songs, or one album's worth of material. Axl has confirmed the existence of about 10 other songs and at one point told RS they were working on 32 songs.
I never said more than one album has been released or will be released. I said the entire some of money was not spent on just a single album's worth of material. I don't see how that is disputable in any way.
Ali
If it never gets released, does it really matter how much he recorded? Somehow I doubt the record company will feel like they got their money's worth if Axl recorded 40 tracks and only released 14. Hell, I doubt they would feel like they got their money's worth if he recorded 400 tracks and released all of them. That is an insane amount of cash to spend.
I don't know if the record company could ever feel they got their money's worth and/or what it would take to make them feel that way. I don't think any of us can really speak to that.
Like I said, it was exorbitant, obviously, but it just wasn't ONLY 14 songs that were written and recorded. That's all. So, the entire sum was not for just a single album's worth of material. Whether or not another album comes out, that is another story.
Ali
