Den Of Thieves
What kind of crazy fucked up world do we live in where a RECORD COMPANY names its new video division DEN OF THIEVES!
God, you’d be stunned at the backlash I got for not writing about Ahmet Ertegun’s failure to pay royalties. Oh, Ahmet looked like a hero to those enjoying his company’s productions, but talk to those who recorded for him, especially prior to the rock era, they’re not so full of laudatory words.
That’s how far we’ve come, there’s no social consciousness, no corporate responsibility, the lunatics have taken over the asylum. Didn’t ANYBODY working at Warner say HEY, WAIT A MINUTE? That this might be bad for the company’s image, that it might add fuel to the fire? I mean they take the company private, load it up with debt, pay back their investment and MORE, produce lousy quarterly results and then BRAG ABOUT THEIR LAWLESSNESS?
Maybe it’s the curse of getting older, I used to believe the old white men running this country actually knew what they were doing. Now I realize oftentimes they’re uneducated hacks who will do anything that lines their pockets.
Is the name "Den Of Thieves" going to increase their revenues one little bit? Is it going to make this company cool? Hell, it appears it’s a B2B thing anyway. It’s not like a sexy brand name is necessary to appeal to consumers. And, it’s not like consumers are in bed with major labels right now anyway. They’re SUSPICIOUS of major labels. Rather than suing customers and raising prices, maybe labels should show their gratitude! By giving more for less! Appreciating that they’re nowhere without buyers. But who can sympathize with fat cat frat boys paying themselves millions while releasing evanescent product almost nobody wants.
And why get in bed with this MTV guy anyway. Shouldn’t he be held responsible for the raping and pillaging, the decline of THAT outlet? So he produced "Diary", that was a high water mark, yup that’s what kids say on the playground, did you see last night’s DIARY? Lowest common denominator programming made for quick bucks. God, couldn’t Warner get in bed with some YouTube star, somebody on the cutting edge, someone who might wow us who would also be CHEAPER and wouldn’t come up with such a bogus name?
And CAA is involved too… Charles Bludhorn’s Gulf & Western was labeled "Engulf & Devour", now that’s CAA, whose long arm extends to sports, anything where a ticket is sold. If there’s a buck to be made, CAA is there. Complain about the new moniker? No, just send us a check.
And the press release has got quotes from seemingly every executive at Warner Music. God, it’s positively high school, or Soviet Russia. Couldn’t TOM WHALLEY have said they should choose a different name?
And it wasn’t only Ahmet. Talk to Irving. He’s had to audit Elektra for Eagles royalties too. That’s what record labels do, they fail to pay royalties. Oh, they do it in oh-so-many ways. Not only by outright theft, by cooking the books, but by contract misinterpretation. As for artist leverage? God, the clock on your career starts ticking the moment you have your first hit. Buck the system and you’re Curt Flood, maybe doing good for everybody else, but you end up fucked.
The brazenness, the irresponsibility in naming this new entity, is absolutely staggering. It demonstrates where the heart of Warner’s executives truly is. The day before they announced bad quarterly results, missing analyst expectations by double, they put out this self-satisfied press release showing how innovative and cool they are.
Hell, want to be innovative and cool? Let the brass go to percentage salaries. Have a good year, make a lot of money. Perform badly, get nothing. Steve Jobs gets a $1 salary, that sounds about right for those running Warner. Or don’t they have confidence in themselves, don’t they think they can turn the company around and make a fortune on their stock and potential options?
That’s the real den of thieves, the guys running Warner Music.