Modular’s debt, & a debt-making tee

July 29, 2008

Just saw this news via the Australian Daily Telegraph:

RECORD label Modular has run up millions of dollars in losses despite having big-selling rockers Wolfmother on its roster.

Company accounts show the Sydney-based label had accumulated losses of $5.9 million by the end of 2007.

The report revealed Modular lost nearly $1.8 million last year and another $2.6 million in 2006.

Label boss Steve Pavlovic said he expected the label’s heavy investment in talent to pay off this year.

Modular’s roster includes Wolfmother, whose self-titled debut album was accredited five times platinum by recording industry peak body ARIA last year for wholesale sales of 350,000 units.

Other artists on Modular’s roster include chart-topping dance acts Muscles, the Presets and Cut Copy, New York art rock band the Yeah Yeah Yeahs and singer-songwriter Jack Johnson.

The financial report was filed earlier this month at the request of corporate watchdog ASIC.

It shows 2007 receipts from customers of more than $8 million were exceeded by payments to suppliers and employees of nearly $8.7 million.

Mr Pavlovic said the business had “swings and roundabouts”.

“You’ll see it start to rise now as the records we’ve got out start to sell,” he said.

While I can’t see that it has anything to do with the delayed album, my mind can’t help but wonder. Maybe they don’t have the cash to promote like they want to?

Unrelated, but I couldn’t help but notice this weird mannequin on Modular’s store … the tee is yours for a bargain AU$80 (that’s USD$75 nowadays). Are these people crazy?
Wolfmother Tshirt

New look wolfmother.net

July 27, 2008

Well here it is, the new look Wolfmother.net. I hope you enjoy it!

It is going to take a while for me to sort all of the other content out, so please bear with me for a while until it’s all done. Should be spic and span within a week or so – until then you’ll have to put up with the many images of a woman’s ass (from Woman of course). I figured there could be worse things to look at …

A few other things I plan on doing include the following, but any suggestions please tell me below:

  1. Better organise the Lyrics section with one song per page and in alphabetical order
  2. Categorise the posts better so you can differentiate between Tour updates, Band news and General site related news (I think those will be the three categories anyway)
  3. Setup the Flickr account so that you, the fans, can add your own pics and grow the image library
  4. Make sure the site looks good and without glitches
  5. Planned downtime

    July 26, 2008

    Just thought I’d let you know that at some point today or tomorrow the site will be down for a few hours (the forums will still be active). Yes, I am finally implementing a new design that I hope you will all like as much as me!

    Here’s a sneak preview:

    preview.gif

    Petition response

    July 19, 2008

    Thank you all so much for signing the petition! 196 signees at the time I closed it.

    Well I am here to tell you I did receive a response from the band’s management. I’m not going to say anything more about it for now because I can’t figure out what to say.

    Please rest assured that the lack of information about the new album isn’t because plans are being kept secret, it’s because plans have not yet been confirmed.

    The band has not yet commenced actual recording although, as previously announced, they have done demo sessions. As you can hopefully appreciate, given that creative processes like writing and recording can often take longer than planned, it would not be fair to the fans or the band to suggest a release date before the album is actually close to completion.

    Please rest assured that as soon as recording commences it would be posted on the band’s website and fans would be updated regularly as the recording unfolds.

    Petition

    July 7, 2008

    So everyone is pretty pissed off about the lack of news from Wolfmother, me included (I’ve got some stick for posting news about a cover band … but hey, it’s the most newsworthy thing that’s happened for months!).

    We know a new album is coming, may even be fully recorded.  We’ve heard a few new songs and assumed that it must be on its way soon.  Surely they would at least announce a release date.  Even if it’s longer than we hoped for, at least we’d know …

    What do we get instead?  NothingNadaStuff all.  I’ve emailed to ask, many times.  So have lots of others.  No response.

    What I thought I would try is an online ‘petition’.  No idea if it will help, but it can’t do any harm, right?  So ‘sign’ your name below and when it hits a decent number I will again try to contact the band, their management, their agents and anyone else that might listen.  I’d like to see at least 100 names down here so send to your friends, family, colleagues and dogs.  If you’ve never commented on this (or any other) blog, take 10 seconds to do so.  Thanks.

    PLEASE ONLY SIGN ONCE – I CAN TELL IF YOU SIGN TWICE AND DUPLICATES WILL BE DELETED

    ***

    We the undersigned petition Wolfmother and their Management to provide their loyal fans with a release date for the new album.

    Wolfmother Petition