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Post by Music PR on May 14, 2009 17:29:08 GMT
Latest news at the moment is that Moviebox have brought out Genie Records for a undisclosed sum. Genie Records were the label responsible for making Aman Hayer a House hold name, and helped push acts out like Lembher, KS Makhan Angrez Ali & Kaka Mohanwalia. Rumor has it that Moviebox are also in talks with another label in terms of a buy out, but it's not a 100% confirmed  Genie records have had quite a few major selling albums on their label inc Groundshaker 1 & 2, 2 Much Glassy, Genie- Us, Usual Yardies to name just a few. |
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Post by -GT- on May 14, 2009 17:43:03 GMT
lol i'd like to know what that undisclosed sum was
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Post by Kamlee on May 14, 2009 17:45:30 GMT
Same here & what's the other label?
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Post by Pendoo on May 14, 2009 17:49:53 GMT
£1.23
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hanji
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Post by hanji on May 14, 2009 18:27:48 GMT
Do not understand why Moviebox want all of the music because co me to the terms the industry isnt amazing at this moment of tym within the business terms such as sales etc
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Post by pakithug2nv on May 14, 2009 18:30:43 GMT
thats mashed up...genie records werent the best...but moviebox are buying out so many record labels and past catalogues.....from what i have been told they arent in the best financial position themselves...
wouldnt The UK Competition Commission be interested in this sort of thing?
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Post by desi113 on May 14, 2009 18:32:37 GMT
Same here & what's the other label? maybe kamlee records  |
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hanji
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Post by hanji on May 14, 2009 18:33:45 GMT
Kamlee records is Moviebox just another label name they use
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Post by razorhedge on May 14, 2009 20:06:36 GMT
if this is the biggest bhangra label why dont they have a website...
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Post by beztiaalitea on May 14, 2009 20:11:53 GMT
if this is the biggest bhangra label why dont they have a website... I thought they did moviebox.com |
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Post by Ghost... on May 14, 2009 20:45:43 GMT
SELLOUTS!
coulldnt hack it and needed the money!
Genie was all Aman anyway, now its Moviebox....
they are taking over the world damn it!
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Post by ChamkilaManakShinda on May 14, 2009 21:26:10 GMT
SELLOUTS! coulldnt hack it and needed the money! Genie was all Aman anyway, now its Moviebox.... they are taking over the world d**n it! Get a glass of cold water, drink it and then re-read your post. Sell outs? If they cannot afford to continue business it makes perfect sense to cut your losses, would you rather they became bankrupt and lost their houses and livelihoods? "they are taking over the world" - Yes indeed, because the bhangra industry is thriving in terms of sales. |
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UBNM
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Post by UBNM on May 14, 2009 21:36:23 GMT
Agree Genie killed it while they did, had a string of hit albums, the market is w@nk at the mo, prob makes sense they got out !
Moviebox have to survive otherwise UK bhangra will be dead, but why they trying to buy everyone up ?
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Post by ChamkilaManakShinda on May 14, 2009 21:43:22 GMT
Agree Genie killed it while they did, had a string list of albums, the marjet is w@nk at the mo, prob makes sense they got out ! Moviebox have to survive otherwise UK bhangra will be dead, but why they trying to buy everyone up ? They're monopolizing the industry, they want a majority share of the market. There are benefits of this as they can help flailing record label artists to continue working however the negatives are that they will be able to 'dictate' what is released and this can have a negative impact on the artists creativity, ESPECIALLY artists who are just starting out or money orientated artists. |
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Post by beztiaalitea on May 14, 2009 21:48:36 GMT
the only thing moviebox ever did that makes business sense is buy out the multitone records catalogue. That catalogue is going to make them mega millions some day.
that catalogue IS bhangra
if moviebox were smart, they would require any new act signin on to be able to perform their songs live (including the music, not just vocals), and have a strict "no dholi, no dj" policy
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Post by ChamkilaManakShinda on May 14, 2009 21:53:18 GMT
the only thing moviebox ever did that makes business sense is buy out the multitone records catalogue. That catalogue is going to make them mega millions some day. that catalogue IS bhangra if moviebox were smart, they would require any new act signin on to be able to perform their songs live (including the music, not just vocals), and have a strict "no dholi, no dj" policy I'm not too sure about the catalogue making them mega-millions however it was a great investment, if only to preserve the UK bhangra legacy. Hopefully they don't do what has been done with the old school Manak, Mann, etc,. catalogues and 're-master' and 'digitally enhance' the catalogue, that would be dreadful! Yeah that is a great idea, however nowadays record labels live off Dj/'producers' because they get booked for gigs and thus the label makes money (a percentage of each booking) - because we all know that CD's dont sell anymore. |
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Post by daboss on May 14, 2009 22:30:18 GMT
Latest news at the moment is that Moviebox have brought out Genie Records for a undisclosed sum. Genie Records were the label responible for making Aman Hayer a housel hold name, and helped push acts out like Lembher, KS Makhan Angrez Ali & Kaka Mohanwalia. Rumour has it that Moviebox are also in talks with another midlands based label in terms of a buy out, but it's not a 100% confirmed Genie records have had quite a few major selling albums on their label inc Groundshaker 1 & 2, 2 Much Glassy, Genie- Us, Usual Yardies to name just a few. I suppose it's good N bad news Good news is that at east Moviebox will make sure the products will still be around to buy. The bad news is like some of the above comments is that maybe they will start pushing their weight around & start trying to dictate the market. Not sure if would happen, but remember not everyone's view on the Asian music scene is the same. But being fair to moviebox, they do spend money on their products. Look at the packing, n videos they do a better job on it then some labels do. But that again is down to money & marketability of the artiste. If they think the artiste can make them money, they are willing to invest in them, if they think they can olny make a little bit back, they will probaly only spend the minimun on them. But I think that's the same with any industry, not just music. I mean it's like betting that Luton will win the premier league, by handing your money to the bookies, you are investing your money on Luton, while some belive Man U, Liverpool, Chealse or Arsenal will win, you bet/invest on what you think will make money for you. |
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Post by pakithug2nv on May 14, 2009 22:43:39 GMT
moviebox dont have no money to make videos for artists so how they buyin record labels out lol
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Post by Amardeep on May 15, 2009 0:44:47 GMT
They must be doing something right.
But it's a sad for music, as anotehr label bites the dust.
Moviebox must have 6/7 lables by now.
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Post by Pendoo on May 15, 2009 5:59:39 GMT
im ringing the UKCC
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Post by oyejatta on May 15, 2009 7:59:08 GMT
im guessing they probably looking to put something in palce where they will get royalties from tracks being played on radio and tv.
Moviebox are already charging large roadshows a license fee per year to allow the roadshow to play their songs.
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Post by desi113 on May 15, 2009 8:19:51 GMT
LOLLL they must have 50% of the market, and vip have 50%? |
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Post by Sagat on May 15, 2009 15:33:30 GMT
I wonder if the 'other' label Moviebox are trying to take over is Envy/Roma because if they had them as well then they would control alot of the old school gems (Multitone / Roma Music Bank). The only other label I can think of is OSA which has Malkit and Bally Sagoo and Nusrat stuff.
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Post by Ghost... on May 15, 2009 17:32:07 GMT
do you even understand what "sellout" means??
yeah, didnt think so.
im saying that they couldnt hack it anymore financially, and had to sell up...meaning they aren't true to what they do...
u wont see a cat going to a cow for milk will you?...
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Post by ChamkilaManakShinda on May 15, 2009 18:38:39 GMT
do you even understand what "sellout" means?? yeah, didnt think so. im saying that they couldnt hack it anymore financially, and had to sell up...meaning they aren't true to what they do... u wont see a cat going to a cow for milk will you?... They cannot afford to continue business, so like any individual with half a brain they have sold their holdings and assets - this has nothing to do with not being true to what they do, that is a ridiculous statement to make. Am I the only one who thinks Ghost is talking complete and utter nonsense? If they could afford it, they would continue but how do you expect any business to continue if they don't have the money? "u wont see a cat going to a cow for milk will you?" - What does this mean? |
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panjabinS#!tra's expression when he comes home to find his mother riding the milk mans fender.