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Home > Media

Linkin Park: Show me the money (even more of it)

11 May 2005

This week the nearest thing we got to a moment of light relief from the election was the amusing news that 'alternative' rap-rockers Linkin Park aren't making enough money.

How so, you ask? Well, the background to this shocking news is this:

Not content with enormous wealth, sex on tap, the best quality drugs and being able to earn a living doing what they enjoy, many rock and pop stars also feel the need to be Artists. Heaven forbid that you regard them as mere musical entertainers. The rockstar Artist is a rebel and an outlaw, contemptuous of mainstream society as they seek out Meaning and Truth, probably
ith lashings of Integrity.

Until, of course, it comes to money, when rockstars immediately plunge their snouts into the trough with same alacrity as Rover directors. Step forward Linkin Park, the lastest band to drop their facade of rebellion. They recently asked to be freed from their contract with the Warner Music Group, claiming that when the label gets a public floatation, investors will get rich at the expense of acts. As though they signed to the label in the belief they'd joined a hippy cooperative.

The truth - that Linkin Park want more money - becomes clear from the band's own statement: '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.'

Boo fucking hoo. Linkin Park will get NOTHING - except for the millions they're already agreed in their contract from record sales and royalties. What's more, the investors who took a risk on Time Warner Music, a label that was notoriously short of talent, thus making Linkin Park 'their biggest act', surely have more claim to profits from the floatation.

It appears Linkin Park have seen a large amount of money on the horizon and want some of it, whether it's rightfully theirs or not. What's believed to be behind their ridiculous outrage is that they want a new contract involving an advance of $50 million-$60 million and a 50/50 profit split. Instead, the band has been offered a measley $15 million advance to cover its next five albums.

Poor Linkin Park. Except they're not poor in the least.



Comment on this article: letters@thefridaything.co.uk

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