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Reply #30 posted 05/14/03 4:55am

justin10

can you explain where you get your information from-people are only quoting what has been said or heard. unless you have access to tax records-where is your information more accurate. i understand your point that his running costs are highnot as some people have indicated here that all he needs to do is switch on a lightbulb and he has an album but still-people can only go off what P has said-what else is there. Again the choices P makes though ridiculous in a business sens-surely they can only be made because he can afford to be so carefree about these decisions.
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Reply #31 posted 05/14/03 5:40am

BartVanHemelen

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justin10 said:

can you explain where you get your information from-people are only quoting what has been said or heard. unless you have access to tax records-where is your information more accurate. i understand your point that his running costs are highnot as some people have indicated here that all he needs to do is switch on a lightbulb and he has an album but still-people can only go off what P has said-what else is there.


The LAST person you should believe is Prince, he's been proven to lie time and time again. Oh, and you may not believe this, but there are plenty of people out there who actually do know a bit about costs, expenses, royalty rates, etc in general and who have read plenty of articles about Prince's finances.

So unless you can back up your statements with actual numbers (and not things that Prince mentioned in interviews to boast his own ego), how about admitting that you don't know that much about the subject and thus will take into account what MORE KNOWLEDGEABLE others say, instead of making things up?
© Bart Van Hemelen
This posting is provided AS IS with no warranties, and confers no rights.
It is not authorized by Prince or the NPG Music Club. You assume all risk for
your use. All rights reserved.
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Reply #32 posted 05/14/03 8:35am

creepycornerma
n

yay! yay! gossip! yay!
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Reply #33 posted 05/15/03 5:25am

justin10

BartVanHemelen said:[quote]justin10 said:[quote]can you

I wasn't attacking you i was just curious to see if you have more specific info than others. I do know the breakdown of a cd-but of course I do not know his finances-i never said i did. My point was that if there was not too much supply Prince could make more money from less sales than a lot of artists,Produces take 10% of margin to start with. These are thinga you cannot argue with-you just want to assume that everyone is dim. Nobody can quote figures not even this programme. I have said nothing stupid here. All I was saying before was you cannot attack People for quoting Prince-no information around this subject is going to be accurate. If P set finances around a realistic sales figure-which I now believe he does-profit could be made by not creating too much spare capacity and working on pure stock. By controlling production p does not have to worry about economies odf scale he just needs to establish a good distribution deal. I just cannot see where you can contradict what I have said-I know the breakdown of a CD. Nobody here thinks that a $10 dollar album is completely in P's pocket, But if $2 were made Prince would take a far bigger chunk of that than say Whitney Houston He already had 25% royalty share as an artist before producer and engineer. Only MJ and Prince were onthis percentage in the eighties. And MJ would not have seen the extra royalty as Producer etc. The rule of thumb now is you have to sell four million to break even to cover promoyional cost etc-but P firstly couldn't sell that but secondly neither does he have to,because there is no marketing involved-everything is Pure production costs
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Reply #34 posted 05/15/03 8:33am

minneapolisgen
ius

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BartVanHemelen said:

justin10 said:

can you explain where you get your information from-people are only quoting what has been said or heard. unless you have access to tax records-where is your information more accurate. i understand your point that his running costs are highnot as some people have indicated here that all he needs to do is switch on a lightbulb and he has an album but still-people can only go off what P has said-what else is there.


The LAST person you should believe is Prince, he's been proven to lie time and time again. Oh, and you may not believe this, but there are plenty of people out there who actually do know a bit about costs, expenses, royalty rates, etc in general and who have read plenty of articles about Prince's finances.

So unless you can back up your statements with actual numbers (and not things that Prince mentioned in interviews to boast his own ego), how about admitting that you don't know that much about the subject and thus will take into account what MORE KNOWLEDGEABLE others say, instead of making things up?

Again, what a sad, sad life you must lead...
"I saw a woman with major Hammer pants on the subway a few weeks ago and totally thought of you." - sextonseven
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Reply #35 posted 05/15/03 9:25am

gopartyman

I agree with the Minneapolis genius. Many sad people out there.
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Reply #36 posted 05/16/03 4:50am

justin10

Why is it necessarily sad. This has been an issue that has concerned me for a while. Firstly to keep producing music Prince needs large resources-upholding paisley park for starters. Secondly the whole industry and the world however superficial it may be judges on things like this-it would sem an injustice that Prince did not get some reward. And may I add to Bart that nothing i have said is inaccurate,I feel you do not even read the messages here. My responses are perfectly objective. I asked a reasonable question of you earlier and again you come back with abuse. I have observed that P has huge overheads and that money will not be as fluid as suspected. You have not come back and exactly thrown data in my face-so why do i have to admit I do not know what I am talking about-I have not for one second made any wild and speculative claims. the only observation i have made is what has he done with past monies? That is a perfectly reasonable stance-why do I need research to wonder that-You are just weird. Can you even read English. Unless Prince dumped Passed money into a current account and spent it wildy-which for all I know he may have done-surely investments would give him a life long income. And to be honest to state that P makes irratic decisions and that he can only do this because he can afford to is probably the most realistic observation here. Your rebukes are irrational and argue things that were never even stated in the first place.
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Reply #37 posted 05/16/03 6:31am

DOROTHYPARK

Bart Van Hemelen,
DO you ever stop? ist's not a question of if you are right or not, or the other one researched somthing or not... it still about the 'way' you put things..
So ugly you! No matter what you say, it's plain ugly. wink))

Who once bit you? Who hurted you so much?
Did Prince turn you down? WHy the hell putting in so much effort for someone you DON'T LIKE anymore?
I realy don't understand.. Are you making your lifetime work of disliking everything just ONE person does? or is it something you like to do about everybody?

Are you happy at all? WHy come here still? To beat the shit out of people constantly? Did you say something positive since 1996? I checked it out dude, i did my homework! wink
Still peace and normality... for you i wish. But i guess it's hopeless...

Are you a yuppie?

try to have a nice life.
smile
Big kiss. eek)))
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Reply #38 posted 05/19/03 2:35am

Daglor

The question is what did people think of the programme? I thought it was quite an insight and ended on such a positive note. It actually acknowledged how he has managed to become so much in control of his own music and providing himself with the financial cushion to allow him to keep creating what he wants to create.
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Reply #39 posted 05/19/03 9:35am

mattosgood

Daglor said:

The question is what did people think of the programme? I thought it was quite an insight and ended on such a positive note. It actually acknowledged how he has managed to become so much in control of his own music and providing himself with the financial cushion to allow him to keep creating what he wants to create.



As per norm in the UK - went for the cheap shot jokes where they could throughout - trying to come across cooler than cool - as is the norm we have to accept in the uk these days.

Overall it was interesting, showed a few of the more rare videos - both Prince and associated. It was only a top line overview of Prince's finances - record sales, tour revenues, lawsuits, video shoot overspends, etc

What was interesting was that although Prince spends as fast as he earns, he seems to do quite well in the property market- where elsewhere his money flows down the drain.

Didn't touch one bit on his revenues (other than from touring) post WB - so no CB, no emancipation, no Rave, no NPG music Club - all big revenue generators if Prince is to be believed or you do the math re: NPG Music Club.

They concluded that other than his assets - publishing and property - Prince has no cash and is worth £40M.


Overall - good to have his videos and music on the TV - hopefully will transgress over to BBC1 - like some of the other Liquid Assets shows have.
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Reply #40 posted 05/19/03 9:47am

MattUK

Overall - good to have his videos and music on the TV - hopefully will transgress over to BBC1 - like some of the other Liquid Assets shows have.[/quote]

er.. dont you mean transfer over to BBC1?? I missed it last night but it will be repeated loads on BBC3 all this week so am sure to catch up with it then.
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Reply #41 posted 05/19/03 1:03pm

Jimberoonie

MattUK - check it out it's a bot of fun - just appreciate the fact that his Purpleness is lucky to have any journo' coverage on BBC - after all he's pissed off so many journo's with all the name changes etc... and I'm one of the supposed 100,000 die "hard fans" wink
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Reply #42 posted 05/20/03 4:34am

justin10

I thought it was quite good. he came out of it on quite apositive not. i thought their maths were a bit weird though. they took away 60 million at the end when this could have been calculated throughout. Also they gave three million for film revenue..but surely with it being a PRN production Prince would have earnes loads on Purple rain.I do not know, but I would have assumed so. What I thought was weird was the bas calculation of 40 million for music revenue...surely the base figure for calculation should have started higher than this? I would have thought that losses on clubs etc were higher, it was all " we estimate this..." It was all a bit vague. but like I said he came out well at the end.
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