felixt1 wrote:
Interesting, I wonder if Salvo have any obligation or intention of honouring the original royalty agreement tying in with the 30,000 net profit target........or have Metropolis(or whoever it is?) sold the rights on to Salvo, made their money back with an end result that after the sale, further rights holders - Salvo or otherwise - are no longer binded to the original agreement?
Here's my take. This is the new owner of the recordings and no, they can now do with it as they wish. Why would they encomber themselves in any contract they were never a part of. But this sort of thing is typically common of many companies. I suspect that Metropolis had no more funding, and hence no more potential for this project. They ran with a plan, intentional or not, based on a false pretence and reached the end of profitability, and so off-loaded it to another company who sees potential in it.
But this is not neccesarily a bad thing. It can actually be good if the new rights holder has some sort of plan to include Bill into the deal. But if they've gone this far then it doesn't look very good. So at this point I would have to say that the best solice has to be found in the words of Mr MH. For us as supporters, we have a superb DVD previously unimaginable. So let's not forget that. Amazingly lucky there.
But the other reality is that this entire 'fiasco'(if I may) has obviously weighed very heavily on Bill. So our joy, although not entirely immaterial, isn't going to make up for the fact this has become a major burden. Hopefully the OA crew will come up with something a little more positive soon. Best of luck on that Bill.