quote:

Originally posted by torontotrance YOU JUMP TO CONCLUSIONS PPL! ok...here is the official word.

The official word my ass. They aren't gonna be quick to admit they are in recievership or future bankruptcy. They aren't stupid. Watch how far those next comps would go if they were to admit that. Apparently the promo material and the shipping of GU:24 (Nick Warren) are way behind schedule and the fact that it may still be coming out is still UNCONFIRMED.

We may jump to conclusions, but we aren't half as naive as you are.

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http://www.beatport.com/jonathan-rosa/

Sighs....you ever stop hating me....

then again...I don't really care

I just said it was the official word from the people. You were jumping to conclusions because you said it was gone. It's not officially gone (at least yet).....

quote:

Originally posted by torontotrance It's not just mp3's to blame.

I agree, apparently that is what GU is using though. Here is what Jerome from Release Records has to say about the whole thing on another nameless board.

quote:

no one sells music...which ends up resulting in absolutely no one making music as theres now no outlet for it (except thru file sharing). think about it, with no outlets for new music, what happens? will people continue to make music for downloading purposes only & not for any cash? if record shops go under alltogether & theres now no outlets for this type of music, what happens? i mean, if the only people who are getting the music are big dj's (who get cdrs sent to them) & people who download the trax for free, will artists continue to bother? i wouldnt. this is why labels are now implementing a 'no cdr policy.' they have to. weve even done it. we give advance cdr's now to about 5 dj's, thats it. no one else gets them. they only go to the 5 we hand picked (im sure the trainspotters will probably know whom they are). you have to nowadays. if u give 1 cdr to the wrong person, thats it...your sales are fucked. all the time, effort, promotion & money that you invested into that particular project is practically gone. its one of the only ways to combat the problem... jerome @ release http://www.releaserecords.com

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http://www.beatport.com/jonathan-rosa/

quote:

Originally posted by torontotrance ok...here is the official word. The company is restructuring due to the current financial climate in the world today.

ok...here is the official word. The company is restructuring due to the current financial climate in the world today = gone under, period.

Yes, the cohort that fueled the whole progressive movement has just become too old and have moved on to other things. I am not surprised one little bit about this, in fact I mentioned this in many threads in the not so distant past.

The days of making money off of CDs is over. Artists now have to get off their lazy asses and have to start performing to make their money. They will likely have to lower their DJ fees so that they can get more gigs to fill their schedule. They were riding the lazy boat for a while; record for instance a GU compilation then sit at home and watch the mulla roll in. The gravy train has officialy de-railed and artists have got to get back to performing; what they should be concentrating on in the first place.

That's my 2 cents,

itikia

I agree that the free ride for deejays is over. They used to make half assed comps....and sell tons. These days....it's different because deejays realize that they have to put out a quality product. Same thing that the american car makers realized (and are still realizing). Customers won't buy crap....and deejays will probably have to lower their fees at some point because it all spiraled out of control during the economic boom of the late 90's. BUY gu013 if you don't have it....AMAZING!.

Piracy is a huge issue and has definitely cut into the pie. What I feel the music industry should focus on is using the internet to their advantage, not try and go against the wave of change.

itikia

You can blame mp3's to a point but the music industry is losing because they are not properly marketing and innovating. Let's face it, if the product is good, people will buy it. Then again, many record labels have folded then others have sprung up. Then again, many ventures have failed or done well then not so well because the market conditions change and you have to be on top of things to succeed. Tho I must admit (if GU is not finished)..they do have one thing going for them....their packaging especially with gu lights 1 was great.

quote:

Originally posted by itikia ... The days of making money off of CDs is over. Artists now have to get off their lazy asses and have to start performing to make their money. They will likely have to lower their DJ fees so that they can get more gigs to fill their schedule. They were riding the lazy boat for a while; record for instance a GU compilation then sit at home and watch the mulla roll in. The gravy train has officialy de-railed and artists have got to get back to performing; what they should be concentrating on in the first place. ...

Damn, that's one of the most intelligent things I've heard anyone say about the industry in a long, long time. Thanks for finally saying what I've never been able to put into words!

Trance.nu
TRANCE.NU -- Recent rumours have suggested that Global Underground was dead. Well, think again, it might be trying times, but its not over yet...

Written by: Lars Jacobsen, aka Elusive
Recent rumours have suggested that Global Underground was dead. Well, think again, it might be trying times, but its not over yet...

It was trough Global Undergrounds own forum and http://www.xpander.nl that this little rumour got so big, that the Global Underground administrators felt they had to come forward with the following statement:


"The directors of Global Underground have voluntarily appointed administrators to restructure the company and help manage it through the current difficult financial climate that a lot of the industry is suffering. This is to dispel recent message board gossip on the subject.

GLOBALUNDERGROUND"

yea its sad but hopefully everything will workout
GU's i own:
GU008
GU012
GU022
GU018
Nubreed 005

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Breaks, house, electro & downtempo.

I downloaded every single GU, but to be honest, i would NEVER have bought any of these cds, there is only a couple i remotly like, and they arent even worth the 30$ to me

25 x 30 = 750, they cant honestly expect me to pay 750$ for those cds anyways

and out of the 400 cds ive downloaded, i would have only bought about 10-20 of them, the rest are trash with maybe 2-4 good songs

whats going to happen ( and i forgot where i read this) is all genres are going to go back to the singles format. this way people will buy the songs they like and not have to pay for the other songs they hate

Without mp3s I would never have gotten into the music. And those GU discs are expensive, at almost 40 bucks a pop most places I see em. I hear about a tune or a dj, download some stuff, I like it, I go check out the DJ when they come to TO. Simple as that. So in that sense the mp3s have made it better for djs and probably brought an underground scene to masses of people who would otherwise have no idea about this type of music.

So I agree with what was said earlier, artists have to go back to performing live to make money. Also, a lot of people still by viny, no?