Vanessa really has to decide how she wants to proceed, at this point. If Radiohead don't need a major label, she certainly doesn't. The majors really have done nothing for VC; don't forget that she was with A&M for years before BNN came out.
The business model of music has really changed. Major labels used to be able to offer worldwide distribution, which many indies could not. Now? Who cares. They also used to have their own studios in some cases. Now? People are getting decent sounds in little home independent studios.
A major artist no longer needs a major label to bankroll the making of an album or to get radio promotion.
When all is said and done, even after the labels are paid back all the money they have put up, they STILL OWN THE ALBUM MASTERS. This is fairly standard but cruel. Sad, but BNN, HARMONIUM and H&T are all in the grubby little hands of people that could not care less about VC, and make tons of money when the tracks end up on NOW THAT'S WHAT I CALL BULLSH** VOL. 162.
It's a horrible, demeaning place that I have barely peered into, this biz, and I do wish the best for our V.
Dan/NS
