Q – Lloyd, have you ever thought about buying back your older recordings, to put everything under one roof? Or, would it be to costly and time consuming to do so?
A – I’d love to but I don’t think Universal would sell. The know that one big movie placement could be worth $100,000 if all the planets line up, so they hold on to what they have. Do nothing with it and cross their fingers. Cleaning out the ashtrays probably generated more income for them last year than any other single project… Still, one shouldn’t whine. One did sell the rights…
As a retailer, with Cleaning out the ashtrays, I’ve finally been able to generate income streams from older material while making the material available to you all (and there are Universal royalties which will eventually get to me). This is the model. The Commotions box is next. Tapete are already talking to Universal about it.