Article, mentions new album.

XrockinfreakX

XrockinfreakX

New member
Im not really sure what this article is really talking about but it mentions that Linkin Park is coming out with a new album next year.

The following is a statement from The Firm on behalf of Linkin Park:
The new owners of the Warner Music Group will be reaping a windfall of $1.4 billion from their $2.6 billion purchase a mere 18 months ago if their planned IPO moves forward. Linkin Park, their biggest act, will get nothing.

Meanwhile, of the planned $750 million raised by an IPO, only about $7 million will be put toward the company's own operations, with no money going to WMG artists.

Additionally, WMG has already seen a widespread reduction of its work force and substantial cuts in marketing and promotion expenditures. Linkin Park has become increasingly concerned that WMG's diminished resources will leave it unable to compete in today's global music marketplace, resulting in a failure to live up to WMG's fiduciary responsibility to market and promote Linkin Park.

Linkin Park has been responsible for approximately 10% of the entire Warner Music Group's record sales, selling over 35 million records worldwide in just 5 years.

After reading numerous and daily articles about how WMG executives and corporate raiders have ridden the coattails of the creative community to extract massive rewards, Linkin Park has become increasingly offended and discouraged.

"We couldn't be more grateful for the support we receive from all our fans around the world," said Linkin Park. "We feel a responsibility to get great music to our fans. Unfortunately, we believe that we can't accomplish that effectively with the current Warner Music."

The Grammy Award winning group had been planning to start work on their next record, which was slated for a Spring 2006 release. The record was scheduled to follow up Linkin Park's last full-length release, Meteora, which has sold over 10 million copies worldwide.

The band now wants off WMG and is weighing all of their options on how to best get new music to their fans. Possible avenues include relying more on touring, merchandising and endorsements, rather than leaving their future in the hands of a weakened WMG. Recently, new Fiona Apple music was released on the Internet for free and for years, bands like the Grateful Dead and Phish have performed new material live and let fans tape for free.

Music industry attorney Peter Paterno, who represents artists like Dr. Dre, Pearl Jam and Warner Music's Metallica, recently told The New York Times: "The (WMG) guys who are running this thing are looking at it pretty cynically. It's becoming more and more apparent that this is nothing more than a financial play for the investors. It's not about the music or the employees; it's about a return for private equity investors. It's kind of astounding when you sit back and look at the audacity."

The loss of future Linkin Park recordings will be disastrous for WMG. While there are hundreds of bands signed to the WMG roster, the music business is still a hit-driven industry. For example, the delay of just two new releases from EMI acts Coldplay and Gorillaz recently forced EMI to announce to the marketplace that it would be unable to meet its earlier projections.
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Article

 
UnhingedMouse0

UnhingedMouse0

New member
800th Post!

So' date=' LP is changing record labels?[/quote']
Supposedly. Thats if this article can be trusted though. Its kinda a strange article. And also due to the fact that I havent heard anything about this from anywhere else, then I dont know how much I really want to believe this. ;)

[Wooo! My 800th Post! :D ]
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4everLP_Shinoda

New member
I was on msn and I was talking 2 a friend of mine and he told me about LP changing records labels.

He also told me that this news was on lptimes.com so probably it´s true or I dunno

Whatever the recod label they choose,I´ll still agree with them cuz I know they make the best music ever:thumbsup:.

 
H

Hahninator

New member
This is terrible >_< The new label company is gonna change a lot of LP stuff >_<

But the good news is that the album is coming Spring 2006 :D :D :D

 
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4everLP_Shinoda

New member
I was just about to post this, only a different article
http://www.rollingstone.com/news/story/_/id/5927199/linkinpark?rssfeed=musicnews&rnd=1115058024312&has-player=true&version=6.0.12.872

It says that the band said (I guess I dunno) that they new realease should be in spring of 2006.

I guess LP just wants to changes labels.
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That´s a lot of time!!I don´t wanna w8 that much! :( ,well at least they are releasing a cd!!!And I bet is gonna be gr8 like all their other albums!!

I´ll be w8ing happy for it!! :D

 
LPGotLinkinPark

LPGotLinkinPark

New member
Hopefully their new record label will care more about helping them get their stuff out than money. WMG deserves to lose money if they make it so bad that they get rid of LP. :thumbsup:
 
R

Rae Rae

New member
if the guys wanna change labels they should get onto their label,machine shop,I think that would be the best thing
 
Friðbjörn

Friðbjörn

New member
I don't understand Warner, I mean, LP is 10% of overall profit. This is bad business. They deserve losing LP with this kinda attitude.

As Hahninator said, a lot will change, I hope for the better.

If the album is released spring 2006 then that's not that long, some bands only make albums every five years or so.

 
uwantme2b

uwantme2b

New member
I guess it's rubbish that LP are splitting then.

I think I'm going to regard this as good news, I had mixed feelings while reading the articles on it but I think it'll be a good move. LP do deserve more of the profit for a start.

 
Hybrid Soldier

Hybrid Soldier

New member
They will most likely release through machine shop, but machine shop releases through machine shop/wmg, so they need to find a label for machine shop to release through.
 
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