#989989 - 03/13/05 05:13 PM
Studio Biz News
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joel@studiosuite.com
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Registered: 12/17/00
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Loc: Marietta,GA,UNITED STATES
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Topic:
It's been a dramatic few months in the Studio Biz:
* Quantegy in Bankruptcy * SSL for Sale * Hit Factory Closes * Cello (ex Oceanway/Western) Closes Seemed like someone should at least bring it up here in the Studio Business Forum!
Talk amongst yourselves....
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#989990 - 03/16/05 02:02 AM
Re: Studio Biz News
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KeyBored
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Registered: 01/02/04
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Loc: LA-LA Land... where else?
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OK - I'll bite.
Yeah... whaddayagonnado?
If I were the Germano family or Cello I would have realized I was in the real estate biz years ago. It's definitely the end of an era BUT - it's the dawn of a new one... which is cool. New ways of making and recording music is a good thing and a way to find freshness where there was habit.
The studio business is now more of a virtual thing than a tangible business model. In years past most of the creation of sound was done in a studio that you rented. Now a substantial portion of it is done in labs (sample, virtual synth, plug in, etc companies) and brought into home studios/portable work stations to finish. Bedroom studios? More like lap top studios.
Better? Worse? I dunno... I guess I'd have to say "same shit, different pile". I can't honestly say that the music today is any better or worse than what I grew up on.
But I do think that the future is bright. Music is still music and we all still love making it and people are still going to buy it - one way or another.
I'm just curious to see what the next version of Studio Suite looks like now that all the stuff in there that catered to the big studios is kind of...
OK, I'm done, flame away.
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#989991 - 03/17/05 01:46 PM
Re: Studio Biz News
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bdbklyn
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Registered: 04/04/01
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Originally posted by joel@studiosuite.com: Topic:
It's been a dramatic few months in the Studio Biz:
* Quantegy in Bankruptcy * SSL for Sale * Hit Factory Closes * Cello (ex Oceanway/Western) Closes Seemed like someone should at least bring it up here in the Studio Business Forum!
Talk amongst yourselves.... I would have thought that someone would have brought it up a while ago. I was going to get into it...then decided it had been covered extensively in other forums and chose not to.
Now that you mention it......
I'm afraid this is all just the tip of the iceberg folks.
Several locations have already changed hands with more to come.
As I had mentioned somewhere in one of these threads, when I got to L.A. in the mid 80's, I found a 10 year old phone book in the bowels of A&M Studios (actually it was the mezzanine). All of the studios that had the big yellow pages ads were out of business. Gold Star, Radio Recorders, Wally Heider, Chrystal, Kent Duncan, all defunct but all of them were thriving 10 years previous.
Gotta run for now
Bill
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Studio Guru
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#989992 - 03/18/05 12:25 PM
Re: Studio Biz News
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Philip O'Keefe
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The lesson is - DON'T advertise in the Yellow Pages!
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#989993 - 03/18/05 12:42 PM
Re: Studio Biz News
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robmix
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The list of closing studios is incredible. But one of the cool side effects is these greats rooms are becoming available for monthly lease. We have a room in the old Lionshare building in L.A. This place has insane history - Stevie Wonder,Barbara Streisand, Steely Dan, Quincy Jones, etc. Since labels aren't really doing any development we have to, and now we can do it in a great room. Our whole building is filled with producer/writers. Now if we can just get the reverb chambers happening again . . . . . . .
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#989994 - 03/18/05 02:10 PM
Re: Studio Biz News
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doug osborne
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Loc: Culver City, CA, US
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Radio Recorders is being revived!
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#989995 - 03/19/05 08:07 PM
Re: Studio Biz News
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bdbklyn
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Rob has hit on what I percieve to be the new trend. I think it is a good one.
The biggest advantage to working in a big name multiroom facility over the years has been the ability to interact with other people doing projects in that facility. This simply allows you to get more work. Look what happened to Danny Saber's career by leasing out the upstairs space at the Record Plant. Danny had been somewhat successful with one or two small projects for major labels as well as a few independant projects. The next thing you know, he's producing Seal and Mick Jagger.
What makes sense about this model is that the building owner has relatively low expenses and is going to make his money either from rent or long term when he sells the property. Commercial real estate values have increased by 60% nationwide over the last three years.
The studio owner/operator is also at an advantage because the scope of his fiscal responsibilities are limited to his space.
Bill Dooley
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#989997 - 03/20/05 12:30 PM
Re: Studio Biz News
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Lee Flier
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Originally posted by robmix: The list of closing studios is incredible. But one of the cool side effects is these greats rooms are becoming available for monthly lease. We have a room in the old Lionshare building in L.A. This place has insane history - Stevie Wonder,Barbara Streisand, Steely Dan, Quincy Jones, etc. Since labels aren't really doing any development we have to, and now we can do it in a great room. Our whole building is filled with producer/writers. Now if we can just get the reverb chambers happening again . . . . . . . Now THAT is great news... and that is a fantastic idea and a fantastic use of those spaces. And yes Bill, it would make perfect financial sense and perfect creative sense (in terms of maintaining the interaction between different producers, engineers and artists that always existed in the big rooms).
I was not aware of this trend since I don't live there anymore. THANKS Rob and Bill for bringing this up... that made my day, if not my year. It looks like there are a couple of tape manufacturers ramping back up, too... creativity will still win out, somehow.
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#989998 - 03/20/05 02:33 PM
Re: Studio Biz News
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Philip O'Keefe
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All previous joking aside, I do agree that the interaction is one of the biggest benefits of working in multi-room facilities. From a producer's standpoint, that can lead to more work. It can also lead to musical interactions... someone in B runs into someone who is working in A while walking down the hall... next thing you know, someone is sitting in and doing a guest spot on someone else's record. IMO, seeing the music makers taking over some of these rooms is a very "good thing" indeed.
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