Friday, March 23, 2007
Beck to Basics
Once again enconsced in the bosom of my homeland and I am investing most of my time in negotiations that could well alter the structure of our little empire forever. I can't tell you more about that right now but I can say that we have been approached by some very nice chaps who want to get into the business.
In many ways that's reassuring - knowing that there are more lunatics about with the same dementia as me.
As a part of our "discussions" there have been long winded conversations about what strategy we should be employing in the face of the new digital world. I am happy to report that no one has any idea but everyone pretends that they have. How do we deal with CD sales falling through the floor and peer to peer and all the stuff that everyone else writes about? Well, frankly I don't care anymore.
The latest conference was too much for me and if this deal doesn't come off I am announcing now to you - my dear music lovers - that we are going to revamp the entire label and dump a whole load of ancient practises. It is time for us to be leaders not followers.
Change is always a real problem but thankfully there aren't that many of us and we are all pretty flexible so it won't really hurt. I wish the same could be said for everyone.
America is a tough place at the best of times but when the cash cows are being slaughtered there is inevitably going to be internecine warfare. Here in the UK the ripples are spreading. Warners have dumped the UK CEO this week and all is not well at EMI (as we have learnt already). God knows what happening behind closed doors in LA right now.
I will bet you as soon as the redundancy notices land in Hollywod Boulevard that will be a whole load of "OH YEAH DUDE - FOR CERTAIN" arse lickers out there who have suddenly developed an unhealthy interest in the new kids on the block - DAVE AND VIC; otherwise known as Posh and Becks. These people are called vultures and should be avoided at all costs.
Maybe there will be an entirely new entertainment industry founded by the King and Queen of Europe that actually pays attention to what the rest of the world finds interesting but if these chaps get innvolved I doubt it. Self interest and creativity do not make good bed fellows but with Posh and Becks I think they know the game better than anyone. Beware America, the European self obsessed are getting pretty good at playing that game. The rules are changing.
In case you don't know - the entire globe (including North Korea and excluding Australia and the USA) has an obsession with soccer. Without doubt the greatest stars of this sport are the players of a few select teams - Manchester United, Real Madrid, Juventus and Barcelona and Liverpool. These guys earn money on the field that is staggering - try $250 000 a week for a rough guide. Then add on the merch and other rights and you can soon see that they are individuals who are industries in themselves and of all these chaps the biggest is by far DAVID BECKHAM. A very smart boy who speaks English, Spanish and style fluently. He is also talented, handsome and a walking sexual fantasy for most of the gay men in the Western Hemisphere.
Becks is married to a Spice Girl and now he has signed to play for the LA Galaxy for £125 million for the next few years. Thats about $400 million in your American dollars! Even if America carries on ignoring everyone outside of the 50 states I promise you this guy will make an impact on your lives. He is bigger than General Motors and much more profitable.
All this is a great example of how to make change a great bonus if you have the foresight to try something new. hats of to the Galaxy. They can't fail to make their money back.
So I am hoping that simply by think about what Becks has done will, by some osmotic process, help us to create a new way of working that is massively profitable and also kind of fun. Hope after all is another thing we are all short of.
So there you are. Think big - Think different and maybe look at places where no one else will go and there may be a golden opportunity awaiting.
Like Starbucks signing McCartney it is all about associating yourselves with a big image to grab the attention and then hoping you haven't backed the wrong name. I think LA Galaxy have it right and Starbucks are about to eat the bitter beans of a balls up.
Cali nikta
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