
RIP Music
Your Favorite Band Sucks
00:00
What Is a Multiple?
This guy has been an artist manager for his whole life. He managed Axl Rose or Guns N' Roses in the Chinese democracy era. This guy acquired Bob Dylan. 50% Bob Dylan went to Universal and this gets into a whole other side thing is this guy is causing catalogs to be so overvalued that other publishing companies can't compete. And of course for varying reasons I would assume sometimes greed sometimes to cover their tax bill which I guess maybe some artists had some outstanding tax payments that they had to bakeWhich is weird because you're still going to pay taxes on the lump sum. Some people think that Biden is probably going to hike the capital gains.
Transcript
Play full episode