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with sssoul
>> Hey folks, this article is 100% malarkey <<
i guess you mean the pitiful-sounding bits - i would be very glad indeed to hear
that Mick T is pissed off at the Mail for making it sound like he's practically a derelict -
i mean i sure hope he isn't in as pathetic shape as this article would have us think.
but the statements about the royalties owed him and the songwriting credits aren't things the Mail made up -
they've been stated before in different articles.
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retired_dog
It's all about internal and external agreements/deals. Record companies usually don't pay the individual artists, they pay to the band as a whole on the grounds of a recording or licensing contract - which are external deals.
How the incoming royalities are divided between the individual band members is always fixed in an internal agreement between the band members. The internal agreement cannot be changed or altered by switching from one record label or distributor to another. It makes no difference wether ABKCO, Atlantic, EMI, CBS, Virgin or Universal pays roaylities to the band - these payments are incoming payments and how they are divided still depends on the internal agreement.
Taylor obviously does not know much about these very basic legal things. However, a basic legal knowledge is or should be part of your profession as a professional musician. Otherwise, you are just a musician - but not a professional musician.
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Bliss
Presumably the royalties owed Mick are worth millions, so it would surely be worth pursuing in the court. Unless of course there is more to the story, as Doubledoor suggests; is it possible that Mick signed away his rights long ago?
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Bliss
Artist royalty monies not worth millions? Oh well...
But Mick and Keith are notorious for appropriating others' work (Bill, Ry Cooder, Gram Parsons), so obviously it's worth their while.
I agree, Mick should have taken the 6 month hiatus. But perhaps for a recovering junkie, returning to the drug milieu was not a risk he could take.
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with sssoul
>> Hey folks, this article is 100% malarkey <<
i guess you mean the pitiful-sounding bits - i would be very glad indeed to hear
that Mick T is pissed off at the Mail for making it sound like he's practically a derelict -
i mean i sure hope he isn't in as pathetic shape as this article would have us think.
but the statements about the royalties owed him and the songwriting credits aren't things the Mail made up -
they've been stated before in different articles.
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CBII
I'm getting a vibe that fans of the band may start getting pissed off at each other over an article published in a Tabloidish newspaper. This is best taken care of in the courts. Although, things get written does not mean it is or is not fact. One thing is for sure, during his days with the band some of the best Rock n Roll / RnB music was released and performed. Exactly how it was created is yet to be determined
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Lightnin'Quote
retired_dog
It's all about internal and external agreements/deals. Record companies usually don't pay the individual artists, they pay to the band as a whole on the grounds of a recording or licensing contract - which are external deals.
How the incoming royalities are divided between the individual band members is always fixed in an internal agreement between the band members. The internal agreement cannot be changed or altered by switching from one record label or distributor to another. It makes no difference wether ABKCO, Atlantic, EMI, CBS, Virgin or Universal pays roaylities to the band - these payments are incoming payments and how they are divided still depends on the internal agreement.
Taylor obviously does not know much about these very basic legal things. However, a basic legal knowledge is or should be part of your profession as a professional musician. Otherwise, you are just a musician - but not a professional musician.
You're a bit quick to judge here. Taylor has a bright intellect and a very good understanding of the legalities involved.
While the Stones were in the process of setting up their own label, the group was having a meeting with Mr Loewenstein. Mick T took this opportunity to point out some omissions in a contract that had been drawn up by Rupert Loewenstein. Jagger looked on in amazement and said to the other guys: "Whoa! I think I'm going to appoint HIM (MT) as my business advisor...".
It would have been impossible for the Stones to get away with not paying Taylor if they had not formed their own recordcompany in 1970. The problem for Taylor is that the five bandmembers were also the company directors of Rolling Stones Records. If they had been signed to a random recordcompany, then nobody could have made any changes to the way the artist royalties were divided after the licensing deal with Atlantic expired. Don't forget that the accountants were also hired by the Stones so they followed the instructions of Jagger/Loewenstein (without wanting to argue too much about the underlying reasons).
There was a clause that was part of the extensive original agreement, dating from 1970, between the five members that specified how the payments (artist royalties) from "Atlantic Records" were split (1/5 share for each bandmember). Had this instead said "the distributor/licensee" they would have been in immediate legal trouble when they stopped sending Taylor's royalty cheques in 1981.
In order to rectify the situation Taylor would have had to take the Stones to court. Since the Stones were able to put solicitors from the most exclusive lawfirms on the payroll, it would have been very expensive for Taylor to pursue this.
If you go and talk to some lawyers, you will find that being right and and getting justice are not the same things.
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Bliss
If Mick has the money to sue the Daily Mail for libel, then he must have the means to sue the Stones for royalty payments.
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doubledoor
Still not as sad as the raw deal the Rolling Stones received at the Klein's hands