Barry Ritholtz looks at the people and ideas that shape markets, investing and business.
What to Do When Paul McCartney Comes Calling
What happens when Paul McCartney asks, “What are you doing for the next few years?”\u0010For Lawrence Juber, you think about it for a nano second, before saying “I guess I am \u0010playing with you.” The session guitarist, musicologist, former Wings guitarist and Grammy-award winning composer with 25 albums to his name describes rehearsing with Paul and Linda before their next tour. McCartney wanted to record some tracks, but his favorite studio, Abbey Road, was unavailable -- so he built an exact reproduction of Abbey Road inside his own studio.\u0010\u0010He explains how composers and performers get paid a meager amount from music streaming, and why the real money is in television and movie soundtracks. The music business model has changed from record sales to live performances and merchandise sales.
Aug 31, 2017