Everyday People 1 There’s a joy in playing music. We were inspired to buy electric guitars after seeing the Beatles on “Ed Sullivan,” but we’d been struggling with acoustics for a long time before that. In an era where music was not plentiful, just a click away, you had to make your own. A piano […]

The songs played every Saturday night on rock stations from the mid-seventies to the early eighties. Show Playlist: Spotify Pandora Tune in today June 9th, to Volume 106, 7 PM East, 4 PM West. Hear the episode live on SiriusXM VOLUME: HearLefsetzLive If you miss the episode, you can hear it on demand on the […]

Mad Dogs & Englishmen killed Joe Cocker’s career. But it built Leon Russell’s. Cocker was an FM staple before most people had an FM rock station in their market. After all, this was 1969. In the metropolis, AM faltered, everybody tuned into the FM dial, music was defining the culture and if you wanted to […]

WARNER MUSIC IPO The crime here goes back to 2004, when Time Warner blew out its record division for $2.6 billion. Today Warner Music is valued at $15 billion. Assuming you’d taken that $2.6 billion, invested it an annual rate of return of 10%, after fourteen years, i.e. today, you’d have $11.95 billion. 10% is […]