*** Scott Storch's Veyron in Beverly Hills ***

Too funny. While there's an argument going on about how artists are scratching by due to piracy via music downloads ...

http://ferrarichat.com/forum/showthread.php?t=138053

... here we have an artist on the edge of oblivion (Fat Joe) who is able to bequeath a $1m+ Veyron as a gift from the proceeds of one single hit.

If that is indeed possible, the music business is not in trouble in my opinion. No wonder people feel NO GUILT when they steal music. How can you blame them?

RMX

 

What so fat joe gave storch the veyron for his hit make it rain feat lil wayne WOW

 

matthew, you are correct in pushing back on me as you did. my comments were made as i think the guy is just looking as if he is trying a bit too hard to look the part. he is clearly very well off and is certainly free to do as he likes.

the tires do look a bit cooked though...

pcb

 

Agreed. Well said.

 

If they'd switch to a model that revolved around artist management they'd be doing even better:

http://www.futureofmusicbook.com/2005/09/new_century_mus.html

 

Like I said, it's total crock of you-know-what. I struggled for a long time and eventually it worked out for me and still is. But I did it all by myself with very little help and I do not feel sorry for these coddled artists who have everything handed to them (marketing, terrestrial airplay, videos, cross-licensing agreements, access to top-level producers, PR agents, etc.). For people in that position to EVER turn around and whine, they need to be shot. Not saying this was ever discussed specifically in this thread, but you hear about it all the time from the labels and the RIAA. If Fat Joe is keeping that kind of loot after he's paid everyone else, it should finally be obvious to everyone the whole "musical theft hurts all artists" argument is a lot of baloney.

RMX

 

Not really...


http://music.guardian.co.uk/news/story/0,,1940513,00.html

Some of these albums are in their 2nd year of sales - These are the totals from 2006 only.

BESTSELLING ALBUMS OF 2006

(rank, sales in 1000s, name - title)

01 3,719 High School Musical (Soundtrack)
02 3,480 Rascal Flatts - Me And My Gang
03 3,016 Carrie Underwood - Some Hearts
04 2,688 Nickelback - All The Right Reasons
05 2,377 Justin Timberlake - Futuresex/Love Sounds
06 2,137 James Blunt - Back To Bedlam
07 2,010 Beyonce - B'Day
08 1,988 Hannah Montana (Soundtrack)
09 1,856 Dixie Chicks - Taking The Long Way
10 1,817 Hinder - Extreme Behavior
11 1,796 Various - Now 23
12 1,796 Mary J. Blige - Breakthrough
13 1,729 Red Hot Chili Peppers - Stadium Arcadium
14 1,663 Various - Now 21
15 1,639 *****cat Dolls - Pcd
16 1,622 Fray - How To Save A Life
17 1,600 Various - Now 22
18 1,596 Tim McGraw - Greatest Hits Vol.2
19 1,593 T.I. - King
20 1,547 Josh Turner - Your Man
21 1,431 Johnny Cash - Legend Of Johnny Cash
22 1,425 Evanescence - Open Door
23 1,417 Andrea Bocelli - Amore
24 1,405 Ne-Yo - In My Own Words
25 1,383 Tool - 10000 Days
26 1,382 Panic! At The Disco - Fever You Can't Sweat Out
27 1,312 Josh Groban - Awake
28 1,309 Tony Bennett - Duets: American Classic
29 1,263 Eminem - Curtain Call
30 1,260 Christina Aguilera - Back To Basics
31 1,210 Cheetah Girls 2 (Soundtrack)
32 1,207 Jay-Z - Kingdom Come
33 1,207 Fergie - Dutchess
34 1,205 Toby Keith - White Trash With Money
35 1,193 Kelly Clarkson - Breakaway
36 1,190 John Mayer - Continuum
37 1,186 Alan Jackson - Precious Memories
38 1,178 Shakira - Oral Fixation V2
39 1,161 Gnarls Barkley - St. Elsewhere
40 1,158 Akon - Konvicted
41 1,143 Nelly Furtado - Loose
42 1,134 Jack & Friends Johnson - Curious George
43 1,121 Daughtry - Daughtry
44 1,116 Rihanna - Girl Like Me
45 1,113 Jamie Foxx - Unpredictable
46 1,105 Rascal Flatts - Feels Like Today
47 1,100 Chris Brown - Chris Brown
48 1,097 Beatles - Love
49 1,067 Barry Manilow - Greatest Songs Of The Fifties
50 1,054 Keith Urban - Be Here

A top selling album for the year in the 90's would be at least 7 million, sometimes up to 15 million! I was trying to find a list of top albums sales for the last 30 years but can't find it. Don't remember exactly where I saw it, but it's startling.

MAJORS SORTING OUT THE NEW RULES OF ENGAGEMENT

Revamped Guidelines Are Radically Altering the Way the Big Four Operate

November 3, 2006

Most major labels are presently deep into the process of planning their 2007 budgets and trying to figure out what aspects of the new business model will best enable them to be profitable in these challenging times. The current thinking involves several new guidelines that will take some getting used to for the staffs of the major labels, who in essence have to relearn their jobs. According to the execs we queried (each of whom asked to remain anonymous, for obvious reasons), these new realities include the following:
Labels can no longer indiscriminately drill multiple oil wells in the hopes of hitting the occasional gusher: “In the good old days, we had the personnel and the deep pockets to simultaneously work any number of projects,” groused one veteran executive. “These days money’s tight and our staff is stretched so thin that it’s nearing the breaking point. So we have to be extremely judicious in terms of the projects we prioritize—and quite frankly, there are more and more records on our release schedule that don’t have a snowball’s chance in hell, and everybody knows it but the act, and sometimes the management.”

The majors must quickly cut bait on their stiffs: We’ve seen it a number of times since the start of the fourth quarter—new albums from acts with proven track records that fall well short of expectations. “The conventional wisdom used to be that a new release had six-to-eight weeks and/or two singles to prove itself,” a marketing chief confided. “But now it’s more like the movie business—if you don’t meet or exceed projections, it’s ‘See ya! Next.’”

Regarding new acts, labels must let the market speak rather than attempting to dictate to it: “Let’s face it,” one label head acknowledged, “the majors can no longer afford to be in the business of developing a number of artists at one time by taking a high-profile marketing approach.” Stated another exec: “You can't anoint artists from the top of the label, like in the old days. My former president used to say, ‘This record’s a smash,’ and we’d drop everything, including a couple of million bucks, before we had any research to prove him right or wrong. Now that the powers to be have dropped my former president, we’re trying to make informed choices about which new act to chase by listening to the market and trying to see which ones raise their heads, because it takes all of our resources to chase potential hits. Sometimes we get lucky with a new band, but that’s because the kids know something we don’t and take an act to critical mass essentially without the label’s participation. In fact, the best way to kill momentum on a developing act is to overtly market to their core audience. These fans are turned off by anything that seems to be generated by a major label.” This new reality resembles a Zen riddle—the harder you push, the more resistance you encounter. Without question, the days of throwing money willy-nilly at new and developing acts to see which one sticks are long gone.



Thought there is good news, sorta,

<<2006 Music Purchases Up 19%, Digital Track Sales Up 65%, Album Sales Down 5%

January 4, 2007

The glass is half full.
That's the results from Nielsen SoundScan's annual state of the record industry, with U.S. music sales exceeding 1 billion (at 1.2b) for the second consecutive year in 2006, up more than 19% from 2005, when sales were at 1 billion.

Of course, that includes a whopping 65% rise in digital track sales to nearly 582 million compared to 353 million in 2005.

The CD remains in free-fall, with album sales down 5%, from 620 million in 2005 to nearly 590 million this year. Factoring in digital sales (with 10 downloads equaling a single album), Overall Album Sales were down just over 1%.

Over the final two weeks of 2006, music sales exceeded 47 million for the week ending 12/24 and 45 million for the week ending 12/31. If only it were Christmas all year long. In all, 20% of total album sales occurred during the holiday season (the last six weeks of the year).

Digital track sales over the period between Dec. 24 and Jan. 1 set a new record with more than 30 million sales, while digital album sales exceeded 1.2 million for the same span.

Beyonce's "Irreplaceable," Fergie's "Fergalicious" and Akon's "Smack That"all set records by selling more than 250k digital downloads that same week.

Doug Morris' Universal Music Group was once again the leader in Total Albums (31.6%), Current Albums (34.4%) and Catalog (27.1%), though slightly down in all categories from 2005. Sony BMG was #2 across the board in Total (27.4%), Current (28.1%) and Catalog (26.3%), virtually even with last year. Warner Music Group was third in Total (18.1%), Current (16.8%) and Catalog (20.2%), followed by EMI in Total (10.2%), Current (9.2%) and Catalog (11.8%).

Bob Cavallo's Buena Vista Music Group had the year's top two albums in Disney Records' High School Musical soundtrack (3.7m) and Lyric Street's Rascal Flatts (3.5m), followed by Arista Nashville's Carrie Underwood (3m), Roadrunner/IDJ's Nickelback (2.7m), Jive/ZLG's Justin Timberlake (2.4m), Custard/Atlantic's James Blunt (2.1m), Columbia's Beyonce (2m), Disney's Hannah Montana soundtrack (1.9m), Open Road/Monument/Columbia's Dixie Chicks (1.9m) and Universal Republic's Hinder (1.8m).

Daniel Powter's "Bad Day" was the year's Top 10-Selling Digital Track and Song, while The Fray's How to Save a Life was the Top-Selling Digital Album. Akon's "Smack That" was the Top Mastertone.

Other fascinating factoids:

*22 Digital Songs exceeded the 1 million sales mark compared to only two last year.

*41% of all albums purchased were at a Mass Merchant outlet, compared to 40% in 2005 and 38% in 2004.

*Chain music stores accounted for 41% of all album sales, compared to 45% in 2005 and 48% in 2004.

*Independent music stores accounted for 6% of all albums ales compared to 7% in 2005 and 9% in 2004.

*Classical music sales were up 22.5% and soundtrack sales were up 19%, while rap was down 21% and R&B was down 18%>>

 

Lean Back was a big hit but the Terror Squad album failed to go gold if I remember right.
As of the 1/31
148 Fat Joe - Me Myself & I 5,626 4,869 16 757 4,353 5,288 154,416
As for Koch to my understanding its just distribution the artist pays for all other fees out of their pocket. After all is said and done they are not getting $7 a record.

 

Interesting info thanks mate.

 

just a lil correction I put Koch instead of Imperial (kinda like Virgin's version of Koch)

 

Keep thinking that in Washington State - Think also that G.Bush is in Iraq for oil.


LOL.

 

Fat Joe is one of the worst rappers currently............"popular" (I just threw up in my mouth a little.) And that's with 90% of popular rappers being utter crap. Quite an accomplishment, IMO.

 

LOL @ you thinking my location has anything to do with what I know. Whats wrong with what I posted? Show me this weeks soundscan he sold 5k damn near a month ago he is probably not even in the top 250.

 

Ya I still do not "buy" it either about FJ

 

Just a random thought that crossed my mind, if you look at the majority of this list, it's all music made for 14 year old girls who don't know how to burn a CD, or 40-year old soccer moms who also don't know how to burn a CD.

Any thoughts?

 

You're not the only one. I noticed this too.

 

fat joe did NOT buy storch that veyron so whoever said that is taklin out their ass.

one reason i know, storch does not even own it, he leased it through a local dealer who agreed to his terms which i heard were 5 digits a month.

he also wanted to have it painted and they said no way because it would take $250k off the equity value of the car

so it has some kind of decal to make it all black

 

It's not all Black - and the dealer that sold it to him is on this forum.

 

Yes. Where have you found a 14 year old girl/boy who doesn't know how to burn a CD? Do you have kids? Nieces, nephews? I ask because most of my friends and family have kids that are in the 9-14 age range and ALL of them are easily capable of burning a cd.

 

I used "14 year odl girls" as a metaphor for children in general. More in the idea that "WON'T SOMEBODY PLEASE THINK OF THE CHILDREN!" who have a computer for Microsoft Word and limited internet access restricted to Encarta or some other such. The sheltered children who aren't allowed to download music, much less given the proper equipment. You can still go on eBay and buy the service of someone making you a CD.....

 

Glad to see your around my age, Encarta used to be HOT back in the day....reminded me of myst too...

 

That's a hard f'n game.

 

If he could afford it then he would'nt have had to rent one for cribs....My crib is 10x better than where he lived. I posted a link to some pics as I did my build 2 years ago if any of you remember from start to finish.

 

I love threads like this and am always amused by the "haters". I dont know this guy and yeah, his glasses are different, but hat off to him, he's made few dollars and is enjoying it.

I saw him on MTV a couple of days ago. He came across like he was just too cool, trying a bit hard....but ultimately, you have to say "Good luck" to him, he's having a go and doing very well in the process.

I hope he enjoys his toys.

Jamie

 

Jamie, you are 100&#37; correct. Unfortunatley, this (haters) is how it has always been and will continue to be.

I think his glasses are cool! And I am sure he doesnt give a flying **** what anyone thinks