I haven't checked it yet, but Adam is not Simon Cowell's artist. He is a Sony/19M artist. I think he confirmed it when people asking about his promo in UK that he's nothing to do with Simon Cowell.. but he has something to do with Simon Fuller. Plus Cowell has never talked about Adam since the finale and he's reluctant to talk about Adam when someone interviewed him i.e. ex-idol to compete in X Factor
They SYCO logo only appears on the albums from AI1 to AI4. It was not referenced in the second contract covering AI5 to AI9. I have not check all of the albums but it is on Clay's and Kelly's early albums.
Adam is managed by 19 Management not Simon Cowell.
What I am referring to is solely a financial arrangement. Simon Cowell gets a percentage of royalties for all Idol artists from AI1 though AI9. It is a totally passive arrangement. The contract came out when there was a lawsuit between Cowell and 19E/Simon Fuller.
All of the documents needed to trace the financial arrangements are filed with the US SEC and part of the settlement in the UK. If you want info, please PM me.
Took me months to collect all the documents to figure it out. But I have a copy of the contract between Idol and Simon Cowell's company SYCO.
The comment you are referring to is that there was some confusion in the press about who was doing Adam's UK promo -- that was Simon Fuller, not Cowell. And Adam cleared it up. And, as we later learned, Simon Fuller was focused on trying to survive at CKX (he did not) and Sony UK had to take over Adam's UK promo at the last minute.
ETA: One more attempt to be clear. Simon Cowell has no direct relationship with Adam Lambert. Simon Cowell, through his company SYCO, has a solely financial arrangement with 19 Entertainment to get a percentage of 19 Recordings royalties. Hope that makes sense.
Thankfully, neither Simon has anything to do with Adam any more.
Gah - can you please repost that in the Strategy thread, Q3?
Now I'm back to being peeved.
I am not a fan of 19 Entertainment -- so if Cowell gets some of their money, it is a whatever to me.
I will put together what I know about the compensation and post it in the strategy section -- maybe tomorrow.
However, like I said in the News thread...IMO, you'd think that since Simon is PROFITING from Adam (the more Adam sales, the more royalties, the more cash in his already insanely large bank account), he'd at least MENTION Adam from time to time.
[snidely] After all, the more Adam sells, the more he watches his own damn zeros go up. And for absolutely no work at all. >:(
[even more snidely] Maybe its just as well that Adam's main earnings are apparently in touring and merchandising. Since his deal is only with recordings, Simon doesn't get a cut of the T-shirt sales.
Post by HoppersSkippersMiners on May 29, 2011 16:27:03 GMT -5
OT, but I'm feeling petty right now...
THIS is why Susan Boyle is so freakin' loved by Cowell and the labels.
Sells a boatload of albums. Doesn't go anywhere. Has no expenses. Creates no creative waves b/c all she does is competently sing old-fashioned covers. All they need to do is keep happily skimming the cream off the top (and buy the occasional gift-certificate for cat food).
Their dream client.
ETA: Gah - I wonder what Adam could make off an album of stodgy classic Christmas songs. It would never happen of course, but I bet he could sing them better than Boyle. In a parallel universe it would be interesting to see the comparable sales.
Since we have been discussing the definition of success of Adam#2-- I know Adam has said that he wants to be a pop star--but the definition of pop star and the role of the music industry is ever changing. He has also said that he just wants to make music and make a living doing what he loves. Pop star? Financially stable artist/musician? Who knows what will happen or what is best for Adam, his music, and his fans.
Q3 (and anyone else interested in the traditional label vs. internet music business marketing and success), I am posting this interesting podcast produced by NPR's Planet Money and NPR Music about what it means to be a successful musician today. If the guy they feature in this piece can make $500,000 in a year with his 60,000 twitter followers making niche comedy music for tech geeks, then Adam will be just fine with or without radio.
I don't tend to angst about Adam, and of course I want Adam to have his "radio pop star" career if that is what he really wants, but the alternative isn't so bad either. As long as he continues to sing, has an audience to listen, and is able to support himself, and is satisfied and happy.
The content of the podcast starts about 4 minutes in.