Macca leaving Capitol for Starbucks (?)

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Macca leaving Capitol for Starbucks (?)

Postby EwaldK » Mon Mar 12, 2007 4:24 pm

http://www.foxnews.com/story/0,2933,258341,00.html

Paul McCartney Leaving Capitol Records After 40 Years

Exclusive: Paul McCartney is splitting with the record company he’s called home for most of the last 43 years.

Except for a brief break in the early 1980s when he skipped to Columbia Records and then back, McCartney has been with Capitol since the Beatles’ first album in 1964.

But he’s leaving, effective immediately, and taking his entire back catalog of solo albums with him. That’s everything including bestsellers like "Band on the Run," "McCartney," "Ram," "Flowers in the Dirt," "Tug of War" and his critically acclaimed most recent album, "Chaos and Creation in the Backyard," nominated for four Grammys, including Album of the Year, in 2006.

That much is news. This much has also been reported: McCartney will be the first artist signed with Starbucks’ new record label. News of the label and McCartney’s potential involvement were first suggested in Sunday’s New York Post.

But I can tell you exclusively: It’s a done deal. It will be announced this week. McCartney will first offer just his new album to Starbucks for a fall release. The rest of the catalog he will sit on for the moment.

Capitol, I can also tell you, is not happy. They are part of the ailing EMI Records empire. EMI, like Warner Music, is suffering and could collapse at any time. This news is a terrible blow to them.

"They knew it was coming," a source says. "They did nothing for the 'Chaos' album, and they were reminded that McCartney’s entire contract was ending. Look, they did nothing for the Beatles’ 'Love' album this winter. It just sold on its own. Everything they do is outdated."

McCartney’s exit from Capitol is interesting in many ways. Every since the Beatles joined Capitol, all their albums and all their solo albums have come from the label.

Capitol’s association with the group since they broke up in 1970 has always been key. McCartney’s Wings albums were with the label, as was John Lennon’s "Imagine," George Harrison’s "All Things Must Pass" and Ringo Starr’s "Ringo!" Even Sean Lennon has released a Capitol album.

But all that may change now that McCartney has flown the coop. Starbucks has proven to be a much more effective seller of CDs and DVDs than record stores, thanks to their amazing retailing and branding.

Starbucks customers have come to regard non-coffee product merchandise as hip and attractive, while record companies have been unable to reach customers at all in recent years.
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Postby Mike » Mon Mar 12, 2007 5:05 pm

You guys have to start reading MACCA News :)

http://www.macca-central.com/macca-news/morenews.php?id=2427

and it's related story

http://www.macca-central.com/macca-news/morenews.php?id=2427

If you download the new MACCA-Central Toolbar the new Latest Beatles News items will automatically be there in the RSS feed.
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Postby chris » Mon Mar 12, 2007 8:14 pm

i don't care if he releases his next collection of songs on the "skimpy thong" label...i'm getting the new release. i realize that record companies can make or break the success of an album. but whatever label releases it, they are preaching to the choir as far as i'm concerned. i'm buying it regardless.
I want to tell her that I love her a lot, but I got to get a belly full of wine.
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Postby EddieV » Tue Mar 13, 2007 6:03 am

I thought his contract ran for the rest of his life?? I´ve read it somewhere.
Now junior behave yourself
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Postby james1985 » Tue Mar 13, 2007 11:59 am

It'd be nice if he stayed with Capitol/Parlophone
May sweet memories of friends from the past
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Postby gfgb123 » Tue Mar 13, 2007 12:58 pm

I'm not sure if this is a world deal or just the US. Presuming this is the case, wouldn't he be losing some leverage when dealing with EMI regarding the Beatles recorded work? The record label formerly known as Apple (I had to get the dig in, run with it) hasn't been too successful lately with the lawsuits.

McCartney not being on a major label... it just doesn't gel.
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Postby EwaldK » Tue Mar 13, 2007 1:48 pm

I remember that John Lennon in 1980 joined Geffen, which was a new label by that time.
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Postby gfgb123 » Tue Mar 13, 2007 2:06 pm

Good point. However David Geffen had at the time the clout, support and distribution of the then world leader WEA (now WMG). Besides Lennon was turning 40 and more marketable than a 64 year old rock star and his contempories were still bankable sellers of albums. . Not counting the fans, most people would be more tolerant to listening and buying new material. At a concert, they would probably stay at their seats during a new tune that they had at least heard a couple of times on the radio instead of running to get a drink. It is a much different story today.
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