I wonder if we will even get an new single from Janet these days alas.
Need to buy the rights to it, apparently.I wonder if we will even get an new single from Janet these days alas.
Is this type of deal the norm though? I’ve never heard of anyone putting up their back catalogue as collateral for an album (which started out as an EP). Did they offer her some multi-million dollar deal for a bunch of albums? I know Cinq is supposed to be this new type of all encompassing service. Maybe she had bigger plans with them? Cinq is label next to no one has heard of before. Did she put up her back catalogue or home for her BMG deal, too? Why do that for some deal with Cinq of all things? I’ve just never heard of people doing this before.I'm not a lawyer so I could be talking out of my ass but when you take out a loan and put up your house for collateral, if you don't pay them in time they have a right to take away your house even if you try to settle. What I'm trying to say is that even if she offered to pay the money back, from the second she didn't keep up her end of the contract they could own the collateral.
I hope she can get it back with the coin from the tour since a bunch of randos owing the rights to her catalogue sounds like a nightmare. If we can't get anything with Janet in charge, imagine some random millionaire owning her stuff. Let's Wait Awhile licensed for an abstinence PSA.
Love Will Never Do Without You is one of the best songs of all time.