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Old 08-23-2005, 11:46 AM   #1 (permalink)
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Default Another reason to hate green day

http://www.mtvasia.com/News/200508/04012294.html

Gee guys, pulling off your old INDIE label so you can make more cash on your re release on a major. Thats reeeeeeal punkk rock...
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Old 08-23-2005, 11:59 AM   #2 (permalink)
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Quote:
"Lookout! made some bad business decisions and suffered in the market, and they got really behind on their royalties," Laughter said. "There's no acrimony. From Lookout!'s perspective, Green Day was way more than reasonably patient, and Lookout! got so delinquent in paying the royalties that Green Day was forced to say, 'We can't continue to float this. We need to put [these albums] somewhere where we can reliably get the royalties.'"
i cant blame them though, honestly..sounds like Lookout dropped the ball and wasnt giving the artists what they were owed. Any professional musician would of done the same.
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Old 08-23-2005, 12:29 PM   #3 (permalink)
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At the same time Green Day is making MILLIONS of dollars a year. Lookout is pretty much responsible for there success early on and the fact that they would turn around and betray there roots bugs me alot.
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Old 08-23-2005, 12:49 PM   #4 (permalink)
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ya, i guess i look at it differently, i see it as lookout owes most of their success to greenday, more so than vice versa. I dont think greenday is screwing the company, it sounds like the company was screwing the bands. Lookout sold tons of GD albums and im sure got paid a pretty penny because of it, even bands like GD deserve their fair share of the profits produced by the music they make. almost like the DK/alternative tentacles fiasco where the dk royalties were going back into AT and not into the musicians pockets where it was supposed to go.
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Old 08-23-2005, 02:06 PM   #5 (permalink)
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I hate them ever more so.


did i post the buzzc0cks calling them posers yet article?
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Old 08-23-2005, 03:19 PM   #6 (permalink)
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hate them or not, they deserve their royalties.
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Old 08-23-2005, 04:25 PM   #7 (permalink)
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Originally Posted by Fenixpunk
hate them or not, they deserve their royalties.
well said.
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Old 08-23-2005, 04:42 PM   #8 (permalink)
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I wouldn't sleep well at night if I knew that my withdrawal bankrupted the label that got my band going. Especially if I'm sleeping with money bags as pillows. But, I guess that's why I'm not cut out for the world of business.
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Old 08-23-2005, 04:54 PM   #9 (permalink)
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Originally Posted by hookers with machineguns
I wouldn't sleep well at night if I knew that my withdrawal bankrupted the label that got my band going. Especially if I'm sleeping with money bags as pillows. But, I guess that's why I'm not cut out for the world of business.
I agree with the whore with the gunz.
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Old 08-23-2005, 05:29 PM   #10 (permalink)
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Originally Posted by hookers with machineguns
I wouldn't sleep well at night if I knew that my withdrawal bankrupted the label that got my band going. Especially if I'm sleeping with money bags as pillows. But, I guess that's why I'm not cut out for the world of business.
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