WEBVTT - Interview With Laurence Juber: Masters in Business (Audio)

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<v Speaker 1>Look ahead, imagine more. Gain insight for your industry with

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<v Speaker 1>forward thinking advice from the professionals at Cone Resnick. Is

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<v Speaker 1>Cone resnick dot com Slash Breakthrough. This is Masters in

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<v Speaker 1>Business with Barry Ridholds on Bloomberg Radio. I have a

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<v Speaker 1>really interesting and special guest and unusual guests this week.

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<v Speaker 1>His name is Lawrence Juber. Uh. You may know him

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<v Speaker 1>if you are a Beatles fan or a Paul McCartney

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<v Speaker 1>and Wings fan. He was lead guitarist for Wings in

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<v Speaker 1>the late seventies and eighties, but he is really a

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<v Speaker 1>musicologist and and best known amongst a musical audience for

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<v Speaker 1>the work he's done on guitar. He he is a

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<v Speaker 1>fingerboard guitarist. Uh really a a master prodigy. I don't

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<v Speaker 1>know what else you can say about him, A alliant

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<v Speaker 1>technical player. Lots and lots of other guitarists have a

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<v Speaker 1>universe of respect for him, and when you hear some

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<v Speaker 1>of the things he plays, you'll understand why he has

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<v Speaker 1>I don't even want to say dabbled. He has opened

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<v Speaker 1>up a new world of alternative tunings and that allows

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<v Speaker 1>him to do some really fascinating things with the guitar,

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<v Speaker 1>including uh playing the melody, the lead and the vocals

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<v Speaker 1>at the same time. And you'll hear him at the

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<v Speaker 1>end of the show play two or three songs as well.

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<v Speaker 1>Most of the interview he had the guitar on his

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<v Speaker 1>lap and he would demonstrate different things as he was speaking.

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<v Speaker 1>If you are at all interested in classical music, rock

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<v Speaker 1>and pop, or the Beatles, or if you're interested in

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<v Speaker 1>the financial aspects of being a musician in the modern era,

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<v Speaker 1>I think you're gonna find this to be quite a tree.

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<v Speaker 1>It was really delightful having him. He's a charming, dry

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<v Speaker 1>witted brit And and that very much comes across. So,

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<v Speaker 1>without any further ado, my conversation with Lawrence Duber. This

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<v Speaker 1>is Masters in Business with Barry Ridholts on Bloomberg Radio.

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<v Speaker 1>We're gonna try something a little different today. My special

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<v Speaker 1>guest is not from the world to finance, but from

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<v Speaker 1>the world of music. His name is Lawrence Duber, and

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<v Speaker 1>let me just give you a few moments on who

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<v Speaker 1>he is. Born and raised in London. He began studying

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<v Speaker 1>the guitar at age thirteen or earlier, agan earning money

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<v Speaker 1>playing the guitar at that age. Upon graduation from university,

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<v Speaker 1>he immediately began work as a session guitarist. His first

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<v Speaker 1>project was with the producer George Martin. He was tapped

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<v Speaker 1>to join Paul McCartney and has then been Wings in

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<v Speaker 1>nineteen seventy eight as their lead guitarist for their world tour.

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<v Speaker 1>He has been a studio musician on thousands of sessions,

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<v Speaker 1>recorded countless television theme shows, film soundtracks. You may have

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<v Speaker 1>heard his lead in the James Bond movie theme The

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<v Speaker 1>Spy Who Loved Me. It's the James Bond theme in

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<v Speaker 1>the movie The Spy Who Loved Me. Voted Guitarists of

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<v Speaker 1>the Year by Fingerstar Guitar Magazine. Named one of the

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<v Speaker 1>top acoustic players of all time by Acoustic Guitar mag

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<v Speaker 1>He has recorded twenty three solo albums since two with

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<v Speaker 1>a new album coming out in the not too distant future.

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<v Speaker 1>Many of those albums were released a critical acclaim and

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<v Speaker 1>he has won two Grammys. No less than a guitarist

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<v Speaker 1>than Pete Towns. It has called our guest a master

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<v Speaker 1>of guitar. Lawrence Juber welcome to Bloomberg. Well, thank you

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<v Speaker 1>very much. Who is this guy anyway? Who is this guy.

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<v Speaker 1>So I was describing you to somebody, and the interesting

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<v Speaker 1>thing is, I said, here's a I who has played

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<v Speaker 1>pretty much with everybody in the world of rock and roll,

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<v Speaker 1>and he could walk down the street and nobody's gonna

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<v Speaker 1>recognize him. He's really incognito. Well, you know musicians, A

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<v Speaker 1>lot of musicians are Incognitie. Yes, unless you pursue the

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<v Speaker 1>star track, you inevitably kind of full slightly out of

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<v Speaker 1>the limelight. And that suits me just fine because my

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<v Speaker 1>ambition from the time I started playing when I was eleven,

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<v Speaker 1>Did you grow up in a musical household? No, so

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<v Speaker 1>you're the first musician. Until recently, I thought I was

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<v Speaker 1>the only musician in my family, not counting your daughter,

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<v Speaker 1>who I know. That's that's different. So we will get

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<v Speaker 1>to that. But I discovered through some family tree research

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<v Speaker 1>a year or so ago that I actually have a

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<v Speaker 1>third cousin, once removed, who's a sax player in England.

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<v Speaker 1>So not exactly um immediate family, you know, but I

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<v Speaker 1>think that what it is is there were a lot

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<v Speaker 1>of tailors in my family, and as the generations went on,

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<v Speaker 1>some of them got into couture. But my dad really

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<v Speaker 1>was an apprentice tailor. And I think that for me,

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<v Speaker 1>understanding music and appreciating music and the guitar came out

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<v Speaker 1>of pattern recognition, the patterns of music, the shapes of

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<v Speaker 1>musical phrases, the shapes of chords on the fingerboard, and

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<v Speaker 1>the shape of of all of that. I think was

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<v Speaker 1>was something that kind of underpinned my my musician ship.

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<v Speaker 1>So my next question was going to be who you're

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<v Speaker 1>early musical influences, But you're gonna tell me it was

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<v Speaker 1>Weavers and Tailors, not what I'm expecting. Now, well, that's

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<v Speaker 1>a good album. I mean, I'm just talking in terms

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<v Speaker 1>of the neurological side of it. The the inspiration was,

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<v Speaker 1>I mean, you know, I got into listening to music

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<v Speaker 1>probably know slightly preteens and nineteen sixties three in particular

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<v Speaker 1>in England was this incredible year because there was this

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<v Speaker 1>kind of swell of Beatlemania that that started at the

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<v Speaker 1>beginning of the year with Please Please Me, and then

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<v Speaker 1>went through Please Please Me from me to you, she

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<v Speaker 1>loves you and I Want to hold your hand as

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<v Speaker 1>the you know, every three months we would have a

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<v Speaker 1>new Beatles single and it would blow up. By November.

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<v Speaker 1>It was full scale beatle Mania and my eleventh birthday

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<v Speaker 1>was in November and the Beatles had been on the

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<v Speaker 1>Royal Command performance a week before, and my parents realized

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<v Speaker 1>that I was never going to play saxophone like my

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<v Speaker 1>dad wanted me to, and it was guitar had kind

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<v Speaker 1>of become legit at that point because the Beatles were

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<v Speaker 1>becoming so successful, and once I picked it up, I

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<v Speaker 1>just never put it down. And when did you realize

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<v Speaker 1>you can earn a living with the guitar. I was thirteen.

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<v Speaker 1>Local bandleader started bringing me in and playing weddings and

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<v Speaker 1>bar mitzvahs and stuff actually paid gigs, and I was

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<v Speaker 1>making more money than babysitting or working in the supermarket supermarket,

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<v Speaker 1>and it's certainly better work than stocking shelves. Yeah, I mean,

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<v Speaker 1>I did you know I watched my next door neighbors

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<v Speaker 1>car because he had season tickets for Tottenham Hotspur and

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<v Speaker 1>I was a soccer fan back then. I was going

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<v Speaker 1>to say for an American audience, please, that was one

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<v Speaker 1>of the London soccer teams and at that time was

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<v Speaker 1>the like the best soccer team in England. So the

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<v Speaker 1>question that I think everybody who listens to you has

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<v Speaker 1>to at one point or another. Thing is you raised

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<v Speaker 1>on the Beatles and a lot of classic rock and roll,

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<v Speaker 1>how do you morph towards fingerboard style and acoustic guitar. Well,

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<v Speaker 1>I started off on acoustic guitar. And you remember nineteen

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<v Speaker 1>sixty three wasn't just Beatlemania, it was also the folk

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<v Speaker 1>boom so Bob Dylan, Jim Baya's Judy Collins, you know,

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<v Speaker 1>and we had our English versions of those two. And

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<v Speaker 1>I was really intrigued by the solo guitar players because

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<v Speaker 1>the idea of a single performer standing in front of

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<v Speaker 1>an audience with just an acoustic guitar and often no

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<v Speaker 1>p a, you know, but just that self sufficiency really

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<v Speaker 1>was appealing to me. It was one particular piece of

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<v Speaker 1>music called Angie that was written by another Stone song No,

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<v Speaker 1>the different Angie the Paul Simon recorded on one of

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<v Speaker 1>the early Simon and Garf Uncle records, Oh sure, written

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<v Speaker 1>by Davey Graham who was a British guitar player, and

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<v Speaker 1>that involved playing a bassline and also playing the melody

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<v Speaker 1>at the same time. And because I had kind of

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<v Speaker 1>dabbled with piano when I was very young, but then

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<v Speaker 1>the piano went away It was at my grandmother's house

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<v Speaker 1>and they sold it. For some reason that the the

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<v Speaker 1>idea of being able to play complete musical statements, meaning

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<v Speaker 1>the bass and the bass and the melody and the

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<v Speaker 1>rhythm and everything else led me to really being intrigued

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<v Speaker 1>by that, and by the acoustic guitar, and and so

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<v Speaker 1>I got into finger style guitar, blank rag time, and

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<v Speaker 1>you know, stuff like that just really just really grabbed me.

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<v Speaker 1>I'm Barry Ridholtz. You're listening to Masters in Business on

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<v Speaker 1>Bloomberg Radio. My special guest today is Lawrence Juber, master

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<v Speaker 1>of the guitar, probably best known to an American audience

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<v Speaker 1>for his work as lead guitarist for Paul McCartney and Wings.

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<v Speaker 1>He has also recorded numerous soundtracks for television and movies,

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<v Speaker 1>as well as produced twenty three original albums. You know

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<v Speaker 1>you said you picked up the guitar? Really? The Week

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<v Speaker 1>I Want to Hold Your Hands was released by the Beatles.

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<v Speaker 1>How influential were they amongst everyone else? To you as

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<v Speaker 1>a musician. The big influence was really that they kind

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<v Speaker 1>of led the charge of this kind of musical youth

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<v Speaker 1>culture that that overtook England, because you know, the fift

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<v Speaker 1>is were kind of a gray period in England. You know,

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<v Speaker 1>the economy really took a hit after the war and

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<v Speaker 1>it was not that great economically, and then the sixties

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<v Speaker 1>come along and things really start to kind of pick

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<v Speaker 1>up and you have this kind of this first wave

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<v Speaker 1>of the working class baby boomers or you know that

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<v Speaker 1>picking up instruments. And it wasn't just the Beatles. It

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<v Speaker 1>was the Stones and the Animals and the Dave Clark five,

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<v Speaker 1>and you know a little later, the Kinks and so

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<v Speaker 1>many English bands that it was remarkable to be growing

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<v Speaker 1>up at that point in time when there was just

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<v Speaker 1>this incredible explosion of music. And the Beatles obviously were

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<v Speaker 1>kind of like the top of the heap because they

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<v Speaker 1>were the most successful, but they really weren't the only ones.

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<v Speaker 1>So and my my interests went much broader than them

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<v Speaker 1>very quickly. And it wasn't like I would sit down

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<v Speaker 1>and meticulously work out George Harrison's guitar solos. My consciousness was, oh,

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<v Speaker 1>that's cool, what's the concept behind it, and how do

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<v Speaker 1>I do that for myself. You're really a bit of

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<v Speaker 1>a musical historian and musicologist. I was gonna say philosopher.

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<v Speaker 1>Musicologists actually I'm a guitar ologist. Guitar ologist, so let's

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<v Speaker 1>talk a little bit about the covers you do. We have,

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<v Speaker 1>We have a lot of time to talk about other stuff.

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<v Speaker 1>Here's my beef with covers in general, covers being a

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<v Speaker 1>copy of a copy of somebody else's songs reinterpret So

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<v Speaker 1>either what what I primarily hear is either a note

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<v Speaker 1>for note recreation, which makes me sort of drug and

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<v Speaker 1>say why bother, or something that's so far afield it's

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<v Speaker 1>barely recognizable as the original. And what I love about

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<v Speaker 1>your covers, especially of the Beatles, is that it's immediately

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<v Speaker 1>recognizable as the song that it is, but it's a

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<v Speaker 1>very fresh version of it, and you hear nuances and

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<v Speaker 1>subtleties in the melodies that you might have overlooked in

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<v Speaker 1>the full four piece or more band version of it. Well,

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<v Speaker 1>when you strip it down to the musical elements like that,

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<v Speaker 1>sometimes it exposes really interesting kind of inner workings of it.

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<v Speaker 1>But but but here's the thing I mean, there are

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<v Speaker 1>times when my my interpretations are actually pretty much no accurate.

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<v Speaker 1>But doing it on the guitar, on a solo guitar,

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<v Speaker 1>and doing it perhaps for example, with you know, in

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<v Speaker 1>an alter tuning gives it a different texture, not only

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<v Speaker 1>a different sonic texture, but sometimes a different emotional texture.

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<v Speaker 1>It has a different resonance to it. And I think

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<v Speaker 1>what's really important with with especially with Beetle tunes, is

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<v Speaker 1>because I play it to an audience who know the words,

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<v Speaker 1>they know the tune, and there's that unsung part of

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<v Speaker 1>it where the audience is kind of internalizing that their

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<v Speaker 1>own experience with it. So there's a kind of a

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<v Speaker 1>depth to it that goes beyond simply the guitaristic or

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<v Speaker 1>simply the musical. But I try to be true. I

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<v Speaker 1>try to be true to the melody the spirit of

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<v Speaker 1>the original to try and encapsulate it, and sometimes it

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<v Speaker 1>means changing things because I might find that a particular

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<v Speaker 1>song has a certain angle to it that perhaps wasn't

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<v Speaker 1>communicated in the way that it was originally recorded. I mean,

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<v Speaker 1>you know, not every Beatle recording is perfect. It's their iconic.

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<v Speaker 1>I hate to use that word because it's become so overused,

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<v Speaker 1>but it's appropriate their iconic, but not necessarily entirely perfect

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<v Speaker 1>for the fabric of the song. You take something like

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<v Speaker 1>in My Life, you know, and the Beatles great song

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<v Speaker 1>and that their version of it on Rubber's Soul is

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<v Speaker 1>very consistent with the style of the album. But that's

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<v Speaker 1>a song that could be taken so many different ways

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<v Speaker 1>and has an example. Of course, I'm in the wrong

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<v Speaker 1>tuning for that, I'm actually in I'm in dad gad

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<v Speaker 1>tuning d A d g A d um takes something

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<v Speaker 1>like thing for example. Now, Frank Sinatra covered that tune

0:14:32.160 --> 0:14:34.200
<v Speaker 1>and I was just kind of tossing that out there.

0:14:34.240 --> 0:14:36.160
<v Speaker 1>But if I'm going to do an arrangement of it,

0:14:36.480 --> 0:14:41.560
<v Speaker 1>I'm probably as well as referencing George Harrison's The Beatles version,

0:14:41.680 --> 0:14:45.720
<v Speaker 1>I'm going to reference Sinatra's version, for example, because that

0:14:45.840 --> 0:14:50.200
<v Speaker 1>gives me a different place to be. Here's another example, Blackbird,

0:14:50.880 --> 0:14:53.080
<v Speaker 1>one of my all time favorite. Now, the thing about

0:14:53.080 --> 0:14:57.320
<v Speaker 1>Blackbird is that, you know, all the guitar players learned that,

0:14:57.760 --> 0:15:00.720
<v Speaker 1>but that's the accompaniment you can't get the melody in.

0:15:00.920 --> 0:15:22.480
<v Speaker 1>So I had to reconceive it, you know, just doing

0:15:22.480 --> 0:15:24.720
<v Speaker 1>it differently. Now I see what you mean by vertical

0:15:24.920 --> 0:15:28.120
<v Speaker 1>as opposed to. One of my references for that is

0:15:28.160 --> 0:15:30.800
<v Speaker 1>Kenny Rankin, because I used to do gigs with Kenny

0:15:30.800 --> 0:15:32.440
<v Speaker 1>and that was one of the tunes that we would

0:15:32.440 --> 0:15:35.800
<v Speaker 1>play together. And so I'm not just thinking about Paul

0:15:35.880 --> 0:15:38.320
<v Speaker 1>McCartney singing the song, you know, and Kenny Rankin had

0:15:38.320 --> 0:15:39.840
<v Speaker 1>this incredible you know, it sounded like I had a

0:15:39.880 --> 0:15:45.240
<v Speaker 1>French horn in his throat this incredible tone. So you know,

0:15:45.320 --> 0:15:47.920
<v Speaker 1>I'm looking for a way to articulate the melody that

0:15:48.000 --> 0:15:51.320
<v Speaker 1>has perhaps a little more horn like quality to it

0:15:51.880 --> 0:15:56.880
<v Speaker 1>rather than the kind of the liver pudlion tinged McCartney is.

0:15:57.000 --> 0:16:01.880
<v Speaker 1>M when you've released your first Beatles album, LJ meets

0:16:01.920 --> 0:16:04.760
<v Speaker 1>the Beatles, and I want to say plays the Beatles.

0:16:04.840 --> 0:16:07.320
<v Speaker 1>I was in two thousands. What was the response to that?

0:16:07.800 --> 0:16:10.000
<v Speaker 1>Very good? I mean I got lots of great reviews,

0:16:10.040 --> 0:16:12.520
<v Speaker 1>who got voted to one of the top ten all

0:16:12.520 --> 0:16:16.600
<v Speaker 1>time Acoustic Guitar records in Acoustic Guitar magazine, and sold

0:16:16.680 --> 0:16:19.080
<v Speaker 1>quite well. I mean, for you know, the the acoustic

0:16:19.080 --> 0:16:21.760
<v Speaker 1>guitar market is not like a huge market. I mean,

0:16:21.800 --> 0:16:26.160
<v Speaker 1>it's comparable with the classical market. You know, typically, like

0:16:26.200 --> 0:16:29.520
<v Speaker 1>a hit classical music album may sell ten thousand copies,

0:16:29.600 --> 0:16:31.560
<v Speaker 1>but just says a little crossover to part music. It

0:16:31.600 --> 0:16:33.760
<v Speaker 1>has crossover and and it it, you know, and it

0:16:33.880 --> 0:16:37.680
<v Speaker 1>still sells. I mean, I personally recommended it to countless

0:16:37.720 --> 0:16:40.480
<v Speaker 1>people who are Beatles fan and they all come back

0:16:40.480 --> 0:16:42.480
<v Speaker 1>and and I get repeat business on that because people

0:16:42.480 --> 0:16:46.480
<v Speaker 1>wear out the CD. I'm Barry Ridults. You're listening to

0:16:46.680 --> 0:16:50.240
<v Speaker 1>Masters in Business on Bloomberg Radio. My special guest today

0:16:50.320 --> 0:16:55.120
<v Speaker 1>is Lawrence Juber. He is a guitarist extraordinaire. Toured the

0:16:55.160 --> 0:16:59.920
<v Speaker 1>world with Paul McCartney and Wings, has recorded numerous tell

0:17:00.160 --> 0:17:04.800
<v Speaker 1>vision and movie soundtracks, including the James Bond theme for

0:17:04.880 --> 0:17:08.320
<v Speaker 1>The Spy Who Loved Me and lots and countless other

0:17:09.400 --> 0:17:13.679
<v Speaker 1>studio work. Two time Grammy winner. Let's jump into some

0:17:13.760 --> 0:17:18.280
<v Speaker 1>of the more arcane, technical and altered tunings that you

0:17:18.320 --> 0:17:22.480
<v Speaker 1>seem to like. Tell us about Dad God Dad God

0:17:22.560 --> 0:17:27.480
<v Speaker 1>D A D G A D was supposedly developed by

0:17:27.640 --> 0:17:32.119
<v Speaker 1>Davey Graham, a British guitar player sixties fifty and the

0:17:32.359 --> 0:17:34.879
<v Speaker 1>Yeah in the late fifties early sixties. It really has

0:17:35.080 --> 0:17:42.200
<v Speaker 1>a drone tuning for him to jam with Moroccan musicians

0:17:42.040 --> 0:17:45.399
<v Speaker 1>that got picked up by Jimmy Page, you know, for

0:17:45.480 --> 0:17:55.480
<v Speaker 1>example cash. You know, it's it lends itself to that

0:17:55.560 --> 0:17:58.560
<v Speaker 1>kind of thing. But what I discovered when I started

0:17:58.560 --> 0:18:02.800
<v Speaker 1>fooling around with it was that it also has great

0:18:02.840 --> 0:18:06.760
<v Speaker 1>possibilities in terms of arranging pop music, and not just

0:18:07.119 --> 0:18:10.560
<v Speaker 1>current pop music, you know, like rock music, but kind

0:18:10.600 --> 0:18:13.760
<v Speaker 1>of the Great Anglo American songbook in general. So you know,

0:18:13.880 --> 0:18:26.679
<v Speaker 1>it works. It just works great for all kinds of stuff.

0:18:26.680 --> 0:18:30.640
<v Speaker 1>So you can do Cole Porter, Jerome down the whole list. Yeah,

0:18:31.320 --> 0:18:37.399
<v Speaker 1>Gershwin Um and I did an album of Um Harold

0:18:37.400 --> 0:18:39.840
<v Speaker 1>aland tunes for example, I've got the World on six

0:18:39.880 --> 0:18:42.040
<v Speaker 1>strings and a number of those students I did in

0:18:42.520 --> 0:18:45.040
<v Speaker 1>in that tuning because it just kind of lends itself

0:18:45.080 --> 0:18:47.480
<v Speaker 1>to some really interesting concepts. I mean, you take something

0:18:47.520 --> 0:18:54.040
<v Speaker 1>like Crimeer River and how the tone and the texture

0:18:54.119 --> 0:19:15.120
<v Speaker 1>scenarity of it, and it gets these voicings that are

0:19:15.200 --> 0:19:18.760
<v Speaker 1>very almost pianistic in the way that the notes spread together.

0:19:18.800 --> 0:19:21.359
<v Speaker 1>Because you have two adjacent scale tones, you have a

0:19:21.440 --> 0:19:24.560
<v Speaker 1>G N N A, which means that you can get

0:19:24.560 --> 0:19:28.959
<v Speaker 1>these kind of these kind of pianistic kind of sonarities

0:19:29.119 --> 0:19:31.840
<v Speaker 1>or or moral orchestral It's it's a way of all

0:19:32.160 --> 0:19:34.960
<v Speaker 1>orchestrating on the guitar. And then there's also three D

0:19:35.080 --> 0:19:45.040
<v Speaker 1>strings and two A strings, so octaves again kind of

0:19:45.080 --> 0:19:48.160
<v Speaker 1>a pianistic kind of approach. Um, and then it lets

0:19:48.160 --> 0:19:52.359
<v Speaker 1>me do you know where I can use both hands

0:19:52.400 --> 0:19:55.199
<v Speaker 1>on the fingerboard and get these kind of rhythmic effects.

0:19:55.480 --> 0:19:58.440
<v Speaker 1>I should be running film in here. I'm sorry, I'm sorry,

0:19:58.440 --> 0:20:01.280
<v Speaker 1>I'm not. Oh, you know, there plenty of stuff on YouTube,

0:20:01.320 --> 0:20:04.440
<v Speaker 1>so you don't bother trying to take that stuff down.

0:20:04.440 --> 0:20:07.240
<v Speaker 1>The copyright issue isn't in it? Or is it just promoting? Well,

0:20:07.280 --> 0:20:11.440
<v Speaker 1>I mean there's um some of the interestingly enough, I

0:20:11.480 --> 0:20:15.119
<v Speaker 1>can't if if it's a cover tune and somebody posts

0:20:15.200 --> 0:20:17.440
<v Speaker 1>it on YouTube, which they do, you don't have I

0:20:17.720 --> 0:20:19.520
<v Speaker 1>don't have the right to take it down. The copyright

0:20:19.560 --> 0:20:21.679
<v Speaker 1>owner of the tune has to take it down. You

0:20:21.680 --> 0:20:24.679
<v Speaker 1>don't have rights in the performance, no, not, not like

0:20:24.760 --> 0:20:28.080
<v Speaker 1>you do in the in the copyright. Fascinating. I know,

0:20:28.240 --> 0:20:31.280
<v Speaker 1>if you can monetize the performance, and how do you

0:20:31.320 --> 0:20:33.240
<v Speaker 1>because you go out and play it again? Well, or

0:20:33.400 --> 0:20:36.359
<v Speaker 1>because they you know, if if there's advertising attached to it,

0:20:36.400 --> 0:20:39.400
<v Speaker 1>then there's some monetization involved. But you know, the fact

0:20:39.480 --> 0:20:42.880
<v Speaker 1>is that YouTube is gargantuan as it is, and as

0:20:43.440 --> 0:20:46.679
<v Speaker 1>useful as it is as a promotion is really is

0:20:46.720 --> 0:20:49.880
<v Speaker 1>a kind of a a nasty beast on the back

0:20:49.920 --> 0:20:53.760
<v Speaker 1>of intellectual property rights that there have been all sorts

0:20:53.800 --> 0:20:57.720
<v Speaker 1>of articles recently about people who who have released songs

0:20:57.800 --> 0:21:00.520
<v Speaker 1>they've gotten two hundred million plays and they get a

0:21:00.600 --> 0:21:03.119
<v Speaker 1>check for eighty seven dollars. Well, yeah, but it gets

0:21:03.119 --> 0:21:06.200
<v Speaker 1>a little twisted because the structure now, and we're kind

0:21:06.200 --> 0:21:10.920
<v Speaker 1>of drifting away from guitar tuns. But the structure of

0:21:10.920 --> 0:21:14.959
<v Speaker 1>of royalty payments is that you have the mechanical and

0:21:15.200 --> 0:21:18.439
<v Speaker 1>the synchronization rights which belong to the writers and the publishers.

0:21:19.119 --> 0:21:22.600
<v Speaker 1>But since the Digital Millennium Copyright Act, you also have

0:21:22.640 --> 0:21:26.960
<v Speaker 1>a performance royalty. Now, for example, a songwriter may have

0:21:27.080 --> 0:21:31.760
<v Speaker 1>something played on Spotify or Pandora, which will generate a

0:21:31.800 --> 0:21:36.399
<v Speaker 1>minute royalty for the writing side, but the royalty for

0:21:36.440 --> 0:21:40.399
<v Speaker 1>the performer, which doesn't exist in terrestrial radio, but in

0:21:40.440 --> 0:21:44.760
<v Speaker 1>the digital medium, the royalty for the performer is substantially higher.

0:21:45.119 --> 0:21:47.520
<v Speaker 1>So I'm very happy when March rolls around and I

0:21:47.560 --> 0:21:51.280
<v Speaker 1>see my royalty statements from Sound Exchange for airplay that

0:21:51.320 --> 0:21:54.640
<v Speaker 1>I get on my Christmas music on Pandora, for example.

0:21:54.760 --> 0:21:57.800
<v Speaker 1>I'm very ridults you're listening to Masters in Business on

0:21:57.840 --> 0:22:01.359
<v Speaker 1>Bloomberg Radio. My special guests at is Lawrence Duber. He

0:22:01.520 --> 0:22:05.200
<v Speaker 1>is the two time Grammy Award winning guitarists who toured

0:22:05.240 --> 0:22:09.520
<v Speaker 1>with Paul McCartney and Wins. He's released twenty three albums,

0:22:09.680 --> 0:22:13.639
<v Speaker 1>many of which were too critical acclaim. Let's talk a

0:22:13.680 --> 0:22:17.760
<v Speaker 1>little bit about the future of music. Recording isn't the

0:22:17.800 --> 0:22:21.160
<v Speaker 1>money maker it used to be, So how do musicians

0:22:21.440 --> 0:22:24.800
<v Speaker 1>make a living today? It's funny being on a Masters

0:22:24.880 --> 0:22:28.199
<v Speaker 1>of Business show because I was never a Master of Business.

0:22:28.240 --> 0:22:30.800
<v Speaker 1>I just knew I play guitar and I can get

0:22:30.800 --> 0:22:33.359
<v Speaker 1>paid this much for this gig. So I never really

0:22:33.440 --> 0:22:36.480
<v Speaker 1>learned until I worked with McCartney. I never really learned

0:22:36.480 --> 0:22:39.960
<v Speaker 1>about the music publishing side of things and how the

0:22:40.040 --> 0:22:44.479
<v Speaker 1>revenue really comes in, not so much from the artists side,

0:22:44.800 --> 0:22:48.120
<v Speaker 1>but from the writer publisher side, because that's always been

0:22:48.440 --> 0:22:52.000
<v Speaker 1>governed by statutory royalty rates. So it's not like somebody,

0:22:52.200 --> 0:22:54.840
<v Speaker 1>well they do. Record companies will still, you know, try

0:22:54.880 --> 0:22:57.719
<v Speaker 1>and cut you down on the statutory right. But at

0:22:57.800 --> 0:23:00.480
<v Speaker 1>least you know that there's a copyright try funeral that

0:23:00.520 --> 0:23:04.280
<v Speaker 1>says there's nine point one since coming to you for

0:23:04.320 --> 0:23:08.399
<v Speaker 1>every copy of this particular composition that you write and publish.

0:23:08.680 --> 0:23:11.560
<v Speaker 1>So I learned a lot from working with Paul because

0:23:11.600 --> 0:23:14.520
<v Speaker 1>he had become even by the late seventies, had really

0:23:14.520 --> 0:23:17.920
<v Speaker 1>become the largest independent music publisher in the world. You

0:23:18.240 --> 0:23:22.320
<v Speaker 1>describe yourself as having a masters in music at McCartney Universe.

0:23:23.000 --> 0:23:25.600
<v Speaker 1>So what did he teach you about about that business side?

0:23:25.600 --> 0:23:28.680
<v Speaker 1>And it's really in terms of making how you can

0:23:28.720 --> 0:23:31.320
<v Speaker 1>make money on that side of things too, own your own,

0:23:31.359 --> 0:23:33.760
<v Speaker 1>your own soul and your own your your material. And

0:23:34.600 --> 0:23:36.960
<v Speaker 1>you know, I never consider myself to be a composer

0:23:37.040 --> 0:23:39.199
<v Speaker 1>until that point where it was like, oh, you mean

0:23:39.240 --> 0:23:40.639
<v Speaker 1>you don't have to just sit there and wait for

0:23:40.680 --> 0:23:42.560
<v Speaker 1>a bolt of lightning to come from the heavens that

0:23:42.600 --> 0:23:45.560
<v Speaker 1>you you know, it's it's a job. It's Paul's very

0:23:45.720 --> 0:23:48.359
<v Speaker 1>has this great work ethic as far as he still

0:23:48.720 --> 0:23:51.320
<v Speaker 1>a studio, well not just the touring, but I'm going

0:23:51.359 --> 0:23:53.359
<v Speaker 1>to write I'm going to write a tune today, or

0:23:53.359 --> 0:23:55.000
<v Speaker 1>I'm going to write a tune this morning and another

0:23:55.000 --> 0:23:57.040
<v Speaker 1>one this afternoon. I mean, it's you know, it's like

0:23:57.119 --> 0:23:59.439
<v Speaker 1>what John and Paul did when they sat down and

0:23:59.440 --> 0:24:01.480
<v Speaker 1>they said, well, once they started making money, it's like,

0:24:01.560 --> 0:24:03.680
<v Speaker 1>what what should we write today? Well, let's let's write

0:24:03.680 --> 0:24:07.480
<v Speaker 1>a swimming pool. I had a new roof I mean,

0:24:08.000 --> 0:24:10.520
<v Speaker 1>you know you because if you have a hit song,

0:24:10.560 --> 0:24:12.719
<v Speaker 1>I mean that there is you know, that side of

0:24:12.760 --> 0:24:17.959
<v Speaker 1>the equation is a valuable one. More recently, the performance

0:24:18.040 --> 0:24:21.800
<v Speaker 1>riot royalties have have kicked in for for players, for

0:24:21.880 --> 0:24:24.479
<v Speaker 1>performers in a way that never existed in the past,

0:24:25.240 --> 0:24:28.040
<v Speaker 1>because you as a studio musician, for example, you wouldn't

0:24:28.040 --> 0:24:30.959
<v Speaker 1>get any kind of back end on radio airplay. But

0:24:31.119 --> 0:24:35.040
<v Speaker 1>even the artists never got any radio airplay. So as

0:24:35.040 --> 0:24:38.040
<v Speaker 1>a studio musician you get paid hourly and then you're out. Well,

0:24:38.080 --> 0:24:40.960
<v Speaker 1>but then there's a musicians union, you know, I'm I mean,

0:24:41.000 --> 0:24:43.520
<v Speaker 1>I've been in you know, the English Musicians Union. I've

0:24:43.560 --> 0:24:45.359
<v Speaker 1>been a member of the air for them since the

0:24:45.400 --> 0:24:49.199
<v Speaker 1>mid seventies. I have a pension coming from, you know,

0:24:49.320 --> 0:24:51.719
<v Speaker 1>all the work, especially in the TV and movie end

0:24:51.720 --> 0:24:54.880
<v Speaker 1>of things, that seems to be better structured and more

0:24:55.160 --> 0:24:58.840
<v Speaker 1>lawyered up to a large extent. Yes, but but it's

0:24:58.880 --> 0:25:01.680
<v Speaker 1>also it's a evolved now. I mean, there's there are

0:25:01.760 --> 0:25:04.399
<v Speaker 1>different funds. There's a secondary payments fund where if you

0:25:04.440 --> 0:25:07.879
<v Speaker 1>play on a movie score, for example, some tiny portion

0:25:08.000 --> 0:25:12.280
<v Speaker 1>of the of the growth the distributors growth of secondary markets,

0:25:12.320 --> 0:25:15.000
<v Speaker 1>like if it goes to DVD or you know, that

0:25:15.280 --> 0:25:18.160
<v Speaker 1>generates payments to musicians, and that's the kind of thing

0:25:18.200 --> 0:25:20.520
<v Speaker 1>that in the dry Spells, that's one of the things

0:25:20.560 --> 0:25:24.439
<v Speaker 1>that musicians can survive on in l A. It's a

0:25:24.440 --> 0:25:26.879
<v Speaker 1>really odd situation because you go and work for a

0:25:26.920 --> 0:25:29.639
<v Speaker 1>studio as a as a musician and play on a

0:25:29.680 --> 0:25:33.160
<v Speaker 1>movie score. You're an employee, but you're walking in there

0:25:33.240 --> 0:25:37.760
<v Speaker 1>with perhaps with a two hundred thousand dollar violin. You know,

0:25:38.000 --> 0:25:40.159
<v Speaker 1>your you have your you bring your own equipment to

0:25:40.200 --> 0:25:42.800
<v Speaker 1>the table. You you kind of are defined really as

0:25:42.840 --> 0:25:46.159
<v Speaker 1>an independent contractor by anything except the fact that the

0:25:46.200 --> 0:25:48.719
<v Speaker 1>studio says, no, you're an employee because you're doing this

0:25:48.760 --> 0:25:50.720
<v Speaker 1>work for higher and you know, a lot of us,

0:25:51.640 --> 0:25:52.800
<v Speaker 1>a lot of us end up with you know, with

0:25:52.880 --> 0:25:56.240
<v Speaker 1>corporations so that you can work that better. What's happened

0:25:56.320 --> 0:26:01.000
<v Speaker 1>is as as the revenue from records else has dropped off,

0:26:01.160 --> 0:26:04.360
<v Speaker 1>what has kicked in as well as the digital royalty

0:26:04.400 --> 0:26:08.159
<v Speaker 1>streams for performers is also all the licensing stuff. So

0:26:08.160 --> 0:26:10.480
<v Speaker 1>that my daughter Elsie is a songwriter and she co

0:26:10.600 --> 0:26:13.879
<v Speaker 1>wrote a song called Fireball for Pitball, which was a

0:26:13.960 --> 0:26:16.800
<v Speaker 1>hit a couple of years ago, and that got licensed

0:26:17.040 --> 0:26:19.919
<v Speaker 1>by a Spanish telecom company for a for a commercial

0:26:19.960 --> 0:26:23.920
<v Speaker 1>for example, and so everybody that participated that, the writers

0:26:23.920 --> 0:26:26.879
<v Speaker 1>and the publishers, all get you some piece of it.

0:26:26.960 --> 0:26:31.800
<v Speaker 1>Plus the performance. The TV performances generate performance royalties on

0:26:31.840 --> 0:26:34.080
<v Speaker 1>the writer side, so that gets processed through B M

0:26:34.160 --> 0:26:37.879
<v Speaker 1>I R s CAP or whatever their their membership is.

0:26:38.240 --> 0:26:40.280
<v Speaker 1>So you have to kind of learn how to be

0:26:40.320 --> 0:26:43.240
<v Speaker 1>cognizant of the revenue streams and then which used to

0:26:43.240 --> 0:26:46.120
<v Speaker 1>be CD sales and now it sounds it's like composition

0:26:46.160 --> 0:26:48.239
<v Speaker 1>and performance, except that, you know, if you were an

0:26:48.359 --> 0:26:51.760
<v Speaker 1>artist and not the writer, your record royalties were never

0:26:51.800 --> 0:26:55.080
<v Speaker 1>really that great because record companies would always find ways

0:26:55.520 --> 0:26:59.520
<v Speaker 1>to cross collateralize or to to you know, to take

0:27:00.119 --> 0:27:03.720
<v Speaker 1>promotional budgets out of your royalty stream or use controlled

0:27:03.760 --> 0:27:06.520
<v Speaker 1>composition claus as where yeah, there may be fourteen tracks

0:27:06.520 --> 0:27:08.000
<v Speaker 1>on your album, but we're only going to pay you

0:27:08.040 --> 0:27:10.560
<v Speaker 1>for ten kinds of things. You know, where that there

0:27:10.560 --> 0:27:13.480
<v Speaker 1>are you know, there's always the lawyer loyally side of that.

0:27:14.200 --> 0:27:16.359
<v Speaker 1>Not a very nice business, was it never was a

0:27:16.440 --> 0:27:19.879
<v Speaker 1>nice business. The opportunities are there, and there are some

0:27:19.920 --> 0:27:22.679
<v Speaker 1>people that have been making actually decent money from YouTube videos.

0:27:22.720 --> 0:27:25.240
<v Speaker 1>For example, if you if you understand how to monetize

0:27:25.520 --> 0:27:29.560
<v Speaker 1>that stuff. So the the opportunities are there, But the

0:27:29.600 --> 0:27:31.920
<v Speaker 1>problem is that you go study music in a conservatory

0:27:32.040 --> 0:27:34.320
<v Speaker 1>that will teach you about how to make a living

0:27:34.640 --> 0:27:37.119
<v Speaker 1>doing it. You know, one of my pet peeves is

0:27:37.160 --> 0:27:39.760
<v Speaker 1>that you go study classical guitar. You can come out

0:27:39.960 --> 0:27:42.320
<v Speaker 1>after three or four years of conservatory and not know

0:27:42.359 --> 0:27:44.919
<v Speaker 1>how to string a chord sequence together or know how

0:27:45.000 --> 0:27:48.120
<v Speaker 1>to put repertoire together to play at a wedding, for example,

0:27:48.160 --> 0:27:51.640
<v Speaker 1>which may be outside of teaching. The only real avenue

0:27:51.720 --> 0:27:54.919
<v Speaker 1>for for making a living is doing those kind of

0:27:54.960 --> 0:27:58.080
<v Speaker 1>live performances. Because if you're a classical guitar player, there

0:27:58.080 --> 0:28:00.840
<v Speaker 1>are maybe fifteen classical guitar players in the world who

0:28:00.880 --> 0:28:04.119
<v Speaker 1>can make living as concert performance. So, you know, teaching

0:28:04.359 --> 0:28:09.240
<v Speaker 1>and and playing local gigs becomes a viable way of

0:28:09.680 --> 0:28:13.520
<v Speaker 1>making a living. That's really, really quite interesting. So we've

0:28:13.560 --> 0:28:17.640
<v Speaker 1>heard over the years horrible stories about problems with managers

0:28:18.080 --> 0:28:21.639
<v Speaker 1>stealing from their clients. Why is it that it always

0:28:21.680 --> 0:28:25.960
<v Speaker 1>seems that big names to people like Billy Joel and

0:28:26.040 --> 0:28:28.480
<v Speaker 1>I think Sting had an issue and it's a whole

0:28:28.480 --> 0:28:30.639
<v Speaker 1>one of Philly Joel in particular, because I mean his

0:28:30.760 --> 0:28:34.520
<v Speaker 1>manager AARTI RiPP had the perfect name. You know, that

0:28:34.560 --> 0:28:36.800
<v Speaker 1>should have been a warning early on, don't have a

0:28:36.840 --> 0:28:40.440
<v Speaker 1>business nap manager names Rip. So so why is this

0:28:40.560 --> 0:28:43.560
<v Speaker 1>always seem to be millions of dollars? Later we discover

0:28:44.160 --> 0:28:48.040
<v Speaker 1>our our artists not watching their dollars that closely, that

0:28:48.560 --> 0:28:50.920
<v Speaker 1>millions could go out the door before anyone notices that.

0:28:51.080 --> 0:28:57.640
<v Speaker 1>How how can you if you're also full time writing, recording, touring,

0:28:58.160 --> 0:29:02.200
<v Speaker 1>doing all of the stuff that goes along with it, interviews, um,

0:29:02.400 --> 0:29:06.560
<v Speaker 1>photo sessions, everything that. You know what Joni Mitchell described

0:29:06.560 --> 0:29:10.200
<v Speaker 1>as the the star making machinery behind the popular song

0:29:10.440 --> 0:29:12.840
<v Speaker 1>It's a full time job. It was remarkable in Wings

0:29:12.840 --> 0:29:15.000
<v Speaker 1>that Linda McCartney could be a full time band member

0:29:15.160 --> 0:29:17.560
<v Speaker 1>and a mother of four kids. You know, it was

0:29:17.640 --> 0:29:19.400
<v Speaker 1>it was hard for her and that was really the

0:29:19.400 --> 0:29:21.920
<v Speaker 1>the final demise of the band was that it just

0:29:22.000 --> 0:29:24.640
<v Speaker 1>became too much and the band was always Paul and

0:29:24.720 --> 0:29:29.040
<v Speaker 1>Linda's band. So it's just it's difficult to take care

0:29:29.080 --> 0:29:33.680
<v Speaker 1>of the creative business and take care of the business business.

0:29:33.840 --> 0:29:36.360
<v Speaker 1>I've managed to be able to kind of balance the two,

0:29:36.560 --> 0:29:38.560
<v Speaker 1>you know, the right brain and the left brain side

0:29:38.600 --> 0:29:40.560
<v Speaker 1>of things. But It took me a long time to

0:29:40.680 --> 0:29:43.520
<v Speaker 1>understand how to do it, and I'm still not that

0:29:43.600 --> 0:29:46.600
<v Speaker 1>good at it, but I'm getting better now. I've just

0:29:46.600 --> 0:29:50.360
<v Speaker 1>started my own record label, which means for my next release,

0:29:50.400 --> 0:29:52.640
<v Speaker 1>which is a Christmas album, I had to license a

0:29:52.680 --> 0:29:55.200
<v Speaker 1>certain number of tunes. So I got to Harry Fox's

0:29:55.200 --> 0:29:57.720
<v Speaker 1>website and I buy licenses. And then I discovered that

0:29:57.800 --> 0:30:00.920
<v Speaker 1>sleigh Ride, written by le Roy Anderson, isn't handled by

0:30:00.920 --> 0:30:04.000
<v Speaker 1>the Harry Fox agencies, so I had to then contact

0:30:04.240 --> 0:30:06.520
<v Speaker 1>his family, who then put me in touch with BMG

0:30:06.680 --> 0:30:11.400
<v Speaker 1>and I got mechanical license there, and just those kinds

0:30:11.400 --> 0:30:13.760
<v Speaker 1>of things that you know somebody in an office has

0:30:13.800 --> 0:30:17.160
<v Speaker 1>to do well, I just know. But but the technology

0:30:17.240 --> 0:30:19.680
<v Speaker 1>now has allowed me to be able to stand and

0:30:19.880 --> 0:30:22.040
<v Speaker 1>I have a standing desk. I don't sit in my

0:30:22.200 --> 0:30:26.520
<v Speaker 1>studio when I'm playing guitar UM. I can sit there,

0:30:26.800 --> 0:30:29.640
<v Speaker 1>stand there, and I can you know, in one screen,

0:30:29.680 --> 0:30:32.080
<v Speaker 1>I can be taking care of that business. On another screen,

0:30:32.120 --> 0:30:36.600
<v Speaker 1>I can be doing a guitar arrangement or writing UM

0:30:36.640 --> 0:30:39.080
<v Speaker 1>an article for a guitar magazine or something like that.

0:30:39.080 --> 0:30:42.560
<v Speaker 1>That the ability to multitask, I think has made it

0:30:42.600 --> 0:30:46.280
<v Speaker 1>a lot easier. But when it comes to the kind

0:30:46.280 --> 0:30:48.400
<v Speaker 1>of the higher level of things in terms of dealing

0:30:48.400 --> 0:30:51.640
<v Speaker 1>with finances and the fact that wealth can come very

0:30:51.720 --> 0:30:55.880
<v Speaker 1>quickly and having good wealth management is not anything that

0:30:56.160 --> 0:30:59.640
<v Speaker 1>a music student is necessarily taught how to do, or

0:30:59.680 --> 0:31:02.560
<v Speaker 1>in a spiring pop star, especially the younger pop stars.

0:31:02.600 --> 0:31:04.479
<v Speaker 1>I mean that you know they're lucky when they've got

0:31:04.560 --> 0:31:07.480
<v Speaker 1>a parent that's kind of keeping oversight. So for people

0:31:07.520 --> 0:31:11.000
<v Speaker 1>who want to find more of your writings and music,

0:31:11.240 --> 0:31:14.600
<v Speaker 1>I usually send people to Lawrence Jubber dot com, l

0:31:14.680 --> 0:31:17.920
<v Speaker 1>AU any other place or any other things that they

0:31:17.960 --> 0:31:19.920
<v Speaker 1>would want to look for or at. Well, that's a

0:31:19.920 --> 0:31:22.600
<v Speaker 1>good place to start. And you can always just do

0:31:22.640 --> 0:31:25.600
<v Speaker 1>a search on YouTube and find all kinds of stuff.

0:31:25.640 --> 0:31:28.640
<v Speaker 1>I mean, I'm constantly finding stuff on youtual. I found

0:31:29.000 --> 0:31:33.479
<v Speaker 1>I found on my Wikipedia page. I discovered the Charles

0:31:33.480 --> 0:31:35.640
<v Speaker 1>as Nevore album that I played on in Paris in

0:31:35.760 --> 0:31:39.200
<v Speaker 1>nineteen seventy seven was number one in France for almost

0:31:39.240 --> 0:31:43.160
<v Speaker 1>an entire year, and I had no idea I actually

0:31:43.240 --> 0:31:45.840
<v Speaker 1>read that I found it on my Wikipedia page because

0:31:45.840 --> 0:31:48.200
<v Speaker 1>I don't, you know, I never put that up. Somebody

0:31:48.240 --> 0:31:50.000
<v Speaker 1>put it up. I mean, I've I've gone in there

0:31:50.000 --> 0:31:52.080
<v Speaker 1>and I've kind of tweaked a few things. And that's

0:31:52.120 --> 0:31:53.920
<v Speaker 1>the problem is not only now do you have to

0:31:53.960 --> 0:31:55.880
<v Speaker 1>deal with the creative side, you also have to deal

0:31:55.920 --> 0:32:00.360
<v Speaker 1>with the social network side and the web, the eber

0:32:00.440 --> 0:32:04.600
<v Speaker 1>presence aspect of things too. And I've always pretty much

0:32:04.600 --> 0:32:07.680
<v Speaker 1>tried to manage myself with all of this because I

0:32:07.720 --> 0:32:09.720
<v Speaker 1>had a business manager in England and it, you know,

0:32:09.800 --> 0:32:12.560
<v Speaker 1>it did not end well. And it's like, Okay, I'm

0:32:12.600 --> 0:32:15.960
<v Speaker 1>not going down that route again. And I like being

0:32:16.000 --> 0:32:18.360
<v Speaker 1>hands on and that's something I learned. Another thing I

0:32:18.440 --> 0:32:21.000
<v Speaker 1>learned from Paul is how much he really kind of

0:32:21.120 --> 0:32:23.640
<v Speaker 1>his hands on with what he does. We've been speaking

0:32:23.680 --> 0:32:27.720
<v Speaker 1>with Lawrence Duber, guitarist for Paul McCartney. Thank you, l

0:32:27.800 --> 0:32:30.360
<v Speaker 1>J for being so generous with your time. If you

0:32:30.480 --> 0:32:34.160
<v Speaker 1>enjoyed this conversation, be sure and check out our podcast Actors,

0:32:34.200 --> 0:32:37.640
<v Speaker 1>where we keep the digital tape rolling and continue chatting

0:32:37.680 --> 0:32:41.640
<v Speaker 1>about all things financial and music. Be sure and check

0:32:41.680 --> 0:32:45.680
<v Speaker 1>out my daily column on Bloomberg dot com or follow

0:32:45.760 --> 0:32:50.160
<v Speaker 1>me on Twitter at Riolts. I'm Barry Ridholts. You've been

0:32:50.160 --> 0:32:58.160
<v Speaker 1>listening to Masters in Business on Bloomberg Radio. Are you

0:32:58.240 --> 0:33:01.600
<v Speaker 1>looking to take your business to the next level. The accounting, tax,

0:33:01.640 --> 0:33:05.400
<v Speaker 1>and advisory professionals from cone Resnick can guide you. Cone

0:33:05.400 --> 0:33:10.040
<v Speaker 1>Resnick delivers industry expertise and forward thinking perspective that can

0:33:10.080 --> 0:33:16.000
<v Speaker 1>help turn business possibilities into business opportunities. Look ahead, gain insight,

0:33:16.320 --> 0:33:20.120
<v Speaker 1>imagine more. Is your business ready to break through? Learn

0:33:20.160 --> 0:33:25.680
<v Speaker 1>more at cone Resnick dot com slash Breakthrough, cone Resnick Accounting, Tax,

0:33:25.920 --> 0:33:29.720
<v Speaker 1>Advisory Lawrence. Thank you so much for doing this. This

0:33:29.760 --> 0:33:33.480
<v Speaker 1>has really been an absolute pleasure, and there's so much

0:33:33.480 --> 0:33:37.640
<v Speaker 1>stuff to go over. Um, let's jump right into the

0:33:38.040 --> 0:33:41.720
<v Speaker 1>crazy copyright stuff that's going on. So last year we

0:33:41.800 --> 0:33:45.240
<v Speaker 1>had or two years ago, we had the Marvin Gay

0:33:45.240 --> 0:33:49.280
<v Speaker 1>bloodlines issue. Uh, not too long ago, there was a

0:33:49.360 --> 0:33:54.320
<v Speaker 1>huge Bloomberg story about the Stairway to Heaven copyright issue.

0:33:54.720 --> 0:33:59.080
<v Speaker 1>And then just recently there was another big copyright Yeah,

0:33:59.120 --> 0:34:02.760
<v Speaker 1>the at and photograph one. It's the same lawyer that

0:34:02.840 --> 0:34:07.080
<v Speaker 1>did the blurredlines. Not to be confused with the Tom

0:34:07.160 --> 0:34:12.200
<v Speaker 1>Petty um issue. Well, yeah, that was I won't back

0:34:12.239 --> 0:34:14.960
<v Speaker 1>down the Sam Smith one, which which was clearly and

0:34:15.080 --> 0:34:19.040
<v Speaker 1>Tom Petty agreed, or rather Sam Smith agreed that there would.

0:34:19.719 --> 0:34:21.839
<v Speaker 1>But see the thing about it is that there are

0:34:22.640 --> 0:34:29.520
<v Speaker 1>there are there's musical substance. That is, it works in

0:34:29.560 --> 0:34:32.200
<v Speaker 1>such a way that sometimes you can accomplish you can

0:34:32.239 --> 0:34:36.840
<v Speaker 1>get to the same place from completely different roots. UM.

0:34:36.880 --> 0:34:40.279
<v Speaker 1>And you see that UM for example, I mean with

0:34:40.360 --> 0:34:43.600
<v Speaker 1>the Stairway to Heaven case that is going to Trial,

0:34:44.120 --> 0:34:50.239
<v Speaker 1>which seemed to be based on very similar classical exactly

0:34:50.360 --> 0:35:01.160
<v Speaker 1>the um the Spirit song Tourists, which uses this UM,

0:35:01.320 --> 0:35:04.279
<v Speaker 1>uses this kind of figuration which actually, if you if

0:35:04.320 --> 0:35:10.799
<v Speaker 1>you break it down musically, actually is the same as um. UM.

0:35:10.840 --> 0:35:18.160
<v Speaker 1>While my guitar gently weeps, oh really, but it doesn't

0:35:18.160 --> 0:35:20.279
<v Speaker 1>have the melod doesn't have the same melody. Car but

0:35:20.280 --> 0:35:22.680
<v Speaker 1>but neither of them came first. I mean you can

0:35:22.760 --> 0:35:28.440
<v Speaker 1>go back. But but Stairway to Heaven see Stairway to

0:35:28.440 --> 0:35:32.719
<v Speaker 1>Heaven goes down chromatically. You can do the same thing

0:35:32.719 --> 0:35:40.279
<v Speaker 1>with my funny out Valentine. You know you can do

0:35:40.320 --> 0:35:45.840
<v Speaker 1>that same thing. Um. You can do that kind of progression.

0:35:45.920 --> 0:35:48.440
<v Speaker 1>And when you do a progression like that here you

0:35:48.480 --> 0:35:50.480
<v Speaker 1>have an A with an octave A above it, you

0:35:50.560 --> 0:35:54.880
<v Speaker 1>go down to the G sharp the harmony note is

0:35:54.920 --> 0:35:57.200
<v Speaker 1>that now now you're going to find that in a

0:35:57.280 --> 0:36:01.879
<v Speaker 1>music textbook. You know, that's part of the substance that's

0:36:01.920 --> 0:36:05.239
<v Speaker 1>the public domain aspect of music. You could there's a

0:36:05.320 --> 0:36:08.200
<v Speaker 1>there's a composition, you can find it on YouTube. There's

0:36:08.239 --> 0:36:13.520
<v Speaker 1>a sonata for guitar and violin from six nine by

0:36:13.520 --> 0:36:19.800
<v Speaker 1>an Italian composer named Grenada, which has that phrase shows

0:36:19.880 --> 0:36:23.560
<v Speaker 1>up thirty seconds into it. You know, it's it's not

0:36:24.239 --> 0:36:27.680
<v Speaker 1>a unique phrase by any means. And it's not the

0:36:27.719 --> 0:36:33.560
<v Speaker 1>same phrase in the in the Spirit song because it's

0:36:33.640 --> 0:36:36.000
<v Speaker 1>using the same kind of a pegiation. But that's a

0:36:36.040 --> 0:36:39.439
<v Speaker 1>guitaristic thing. So you're a little skeptical on well, I'm

0:36:39.440 --> 0:36:42.399
<v Speaker 1>skeptical on I'm skeptical on it because, Okay, so there's

0:36:42.440 --> 0:36:44.560
<v Speaker 1>a there's a finger picture acoustic guitar, and there are

0:36:44.640 --> 0:36:49.560
<v Speaker 1>recorders on the on the Spirit tune, and there's recorders

0:36:49.560 --> 0:36:51.320
<v Speaker 1>on the stairway to have it, and there's a moment

0:36:51.800 --> 0:36:55.920
<v Speaker 1>where they there's a very similar sonority. Yeah, there's an overlap,

0:36:57.360 --> 0:37:01.040
<v Speaker 1>and Jimmy Page had access because Zeppelin open for Spirit

0:37:01.320 --> 0:37:05.439
<v Speaker 1>while they were performing that song. But it doesn't write

0:37:05.480 --> 0:37:07.440
<v Speaker 1>to me. It it doesn't right to the level of

0:37:07.480 --> 0:37:12.080
<v Speaker 1>copyright infringement when it comes to the actual composition. Could

0:37:12.160 --> 0:37:16.520
<v Speaker 1>it come to that level in regards to the the

0:37:17.160 --> 0:37:21.440
<v Speaker 1>feel the sound and feel of the recording, perhaps, but

0:37:21.600 --> 0:37:26.640
<v Speaker 1>does does that really apply? But a musicologist could draw

0:37:26.760 --> 0:37:31.160
<v Speaker 1>the conclusion and swear a jury, And the reality is

0:37:31.160 --> 0:37:34.440
<v Speaker 1>that a jury of one's peers in this particular instance

0:37:34.480 --> 0:37:37.480
<v Speaker 1>should really be all rock and roll famous in order

0:37:37.560 --> 0:37:41.920
<v Speaker 1>to be able to to have a true, a true

0:37:42.400 --> 0:37:45.239
<v Speaker 1>evaluation of it. It just goes to the fact that

0:37:45.320 --> 0:37:48.960
<v Speaker 1>intellectual property is probably best not tried in front of

0:37:48.960 --> 0:37:52.239
<v Speaker 1>a jury like that, because the nuances of it are

0:37:52.280 --> 0:37:56.680
<v Speaker 1>beyond easy explanation. I was a little perplexed. Look, I'm

0:37:56.719 --> 0:37:59.680
<v Speaker 1>a Marvin Gay fan, but I also who didn't love

0:37:59.680 --> 0:38:03.560
<v Speaker 1>the line song that was everywhere? But I didn't really

0:38:03.640 --> 0:38:06.440
<v Speaker 1>see that, not really, let's let's not even let's not

0:38:06.480 --> 0:38:08.959
<v Speaker 1>even hedge it. I did not see one as having

0:38:09.040 --> 0:38:12.000
<v Speaker 1>ripped off the other. There's a flavor, Yeah, there's a groove.

0:38:12.080 --> 0:38:14.239
<v Speaker 1>There's a groove flavor to it. But putting a cow

0:38:14.280 --> 0:38:18.279
<v Speaker 1>bell on a track does not does not represent a

0:38:18.280 --> 0:38:22.759
<v Speaker 1>breach of copyright. And I read the musicologist report. You know,

0:38:22.800 --> 0:38:26.919
<v Speaker 1>I studied musicology. I read the musicologist report. You could

0:38:26.920 --> 0:38:31.759
<v Speaker 1>take Twinkle Twinkle, Little Star and show how there's an

0:38:31.760 --> 0:38:35.480
<v Speaker 1>alignment of notes that corresponds in such a way that

0:38:35.560 --> 0:38:39.480
<v Speaker 1>you could perhaps persuade an audience that song A was

0:38:39.560 --> 0:38:42.799
<v Speaker 1>derived from that, you know, but it was the cow

0:38:42.840 --> 0:38:45.080
<v Speaker 1>bell that gave it that field, But that cow bell.

0:38:45.160 --> 0:38:48.239
<v Speaker 1>But but the judge wouldn't let the jury listen to

0:38:49.040 --> 0:38:52.000
<v Speaker 1>the record. The judgment was not on the basis of

0:38:52.040 --> 0:38:55.640
<v Speaker 1>the record. The judgment was on the basis of the composition,

0:38:56.680 --> 0:39:00.760
<v Speaker 1>which was not the same thing. So I I personally

0:39:00.760 --> 0:39:03.280
<v Speaker 1>thought that that was that opened a can of worms,

0:39:03.760 --> 0:39:06.880
<v Speaker 1>as I haven't yet looked into the edge shereh and

0:39:06.960 --> 0:39:09.560
<v Speaker 1>one that that just came up on my radar earlier

0:39:09.560 --> 0:39:12.000
<v Speaker 1>this morning. And I'm, you know, just busy running around,

0:39:12.040 --> 0:39:14.719
<v Speaker 1>but I want to look into that because I have

0:39:14.800 --> 0:39:18.720
<v Speaker 1>a suspicion that what's happening is that there's this movement

0:39:18.760 --> 0:39:22.000
<v Speaker 1>to try and open up that area. But you know,

0:39:22.040 --> 0:39:27.920
<v Speaker 1>for example, you take you take the Bau Diddley, You feel, well,

0:39:28.120 --> 0:39:32.160
<v Speaker 1>how many records, how many songs have used like that?

0:39:32.280 --> 0:39:34.799
<v Speaker 1>What are you going with that? You're going to give

0:39:34.840 --> 0:39:39.759
<v Speaker 1>Bo Diddley royalties because they took the groove, you know,

0:39:40.120 --> 0:39:42.960
<v Speaker 1>but all music is based on what has come before,

0:39:43.640 --> 0:39:46.719
<v Speaker 1>So then you could look at you know, Ernest Confeld,

0:39:46.800 --> 0:39:52.160
<v Speaker 1>the great film composer. You listen to some of his

0:39:52.280 --> 0:39:55.120
<v Speaker 1>music and you put that next to John Williams Star Wars,

0:39:55.120 --> 0:39:57.440
<v Speaker 1>and you can hear where John Williams got it from.

0:39:57.600 --> 0:40:00.319
<v Speaker 1>Is it Is it an actual breach of copy? Right? Well,

0:40:00.600 --> 0:40:04.400
<v Speaker 1>if you're an aggressive lawyer with a with an aggressive musicologist,

0:40:04.480 --> 0:40:07.400
<v Speaker 1>you could possibly make that case. But there has to

0:40:07.400 --> 0:40:11.759
<v Speaker 1>be a recognition somewhere that there's a line that there

0:40:11.760 --> 0:40:13.919
<v Speaker 1>are only a certain number of notes, there are only

0:40:13.960 --> 0:40:16.720
<v Speaker 1>a certain number of grooves, and there's only a certain

0:40:16.800 --> 0:40:20.040
<v Speaker 1>kind of sonarity. Does the sonority of a fingerpick guitar

0:40:20.120 --> 0:40:23.840
<v Speaker 1>and a recorder really right to the level of a

0:40:23.880 --> 0:40:26.680
<v Speaker 1>copyright infringement? You could say there's a blurred line, but

0:40:26.719 --> 0:40:29.960
<v Speaker 1>I won't go yeah, that's a terrible pot so um, well,

0:40:30.120 --> 0:40:32.600
<v Speaker 1>but be in blurredlines case, of course, they opened the

0:40:32.880 --> 0:40:37.360
<v Speaker 1>writers opened the can of worms by um by preemptively

0:40:38.239 --> 0:40:42.359
<v Speaker 1>seeking relief against being sued because they knew that they would.

0:40:42.400 --> 0:40:45.360
<v Speaker 1>They anticipated that that was gonna I think that and

0:40:45.400 --> 0:40:47.440
<v Speaker 1>again not to go on Marvin Gaye, but they did

0:40:47.480 --> 0:40:51.320
<v Speaker 1>hear through the grapevine that lawsuit was a lawsuit was coming.

0:40:51.480 --> 0:40:54.440
<v Speaker 1>I mean, that was really supposed to be out there,

0:40:54.719 --> 0:40:57.560
<v Speaker 1>so once once we're I think the family reached out

0:40:57.600 --> 0:41:00.319
<v Speaker 1>to them and that's why they that's why they did

0:41:00.320 --> 0:41:04.520
<v Speaker 1>a preemptent um. The writer hit get a writ is

0:41:04.560 --> 0:41:09.840
<v Speaker 1>the among songwriters because it happens so often now. But

0:41:10.000 --> 0:41:13.000
<v Speaker 1>but a lot of these lawsuits, I just I think

0:41:14.640 --> 0:41:16.759
<v Speaker 1>they I don't know whether they rise to the level

0:41:16.800 --> 0:41:19.680
<v Speaker 1>of abusive process. But you know, when it's somebody should

0:41:19.800 --> 0:41:22.239
<v Speaker 1>come close, Yeah, when it's somebody's like you know, said, well,

0:41:22.280 --> 0:41:26.439
<v Speaker 1>you know this this little riff clearly was taken from

0:41:26.440 --> 0:41:29.359
<v Speaker 1>my my song. You know, there was the one with

0:41:29.400 --> 0:41:33.160
<v Speaker 1>Madonna Madonna record where the judge said, you know this

0:41:33.320 --> 0:41:37.759
<v Speaker 1>horn stab was so diminimous that they're not going to

0:41:38.760 --> 0:41:42.799
<v Speaker 1>that doesn't constitute something that needed to be licensed, is

0:41:42.880 --> 0:41:46.879
<v Speaker 1>to the even the the original recording copyright owners didn't

0:41:46.920 --> 0:41:50.960
<v Speaker 1>notice for twenty years, you know that. George Harrison, my

0:41:50.960 --> 0:41:54.080
<v Speaker 1>my sweet lord. You know this is a little bit there.

0:41:54.120 --> 0:41:57.360
<v Speaker 1>But the songs are so different. But Alan sobias. But

0:41:57.440 --> 0:42:00.239
<v Speaker 1>Alan Klein was on both sides of the laws suit.

0:42:00.320 --> 0:42:04.480
<v Speaker 1>How is that the publishing on he's so fine, the Chiffons,

0:42:04.520 --> 0:42:08.960
<v Speaker 1>he's so fine. And he was also managing, So who

0:42:09.000 --> 0:42:12.440
<v Speaker 1>brought who brought that suit. I think he did. I

0:42:12.520 --> 0:42:15.560
<v Speaker 1>don't remember the exact dat. He was on both side

0:42:15.560 --> 0:42:17.600
<v Speaker 1>of it. All right, So I only have you for

0:42:17.640 --> 0:42:20.480
<v Speaker 1>a limited amount of time, and I have lots of questions,

0:42:20.480 --> 0:42:22.879
<v Speaker 1>all right, but I have to I have to play

0:42:22.920 --> 0:42:24.880
<v Speaker 1>a little bit of Let you play a little music,

0:42:25.480 --> 0:42:29.399
<v Speaker 1>and this time I'm actually gonna remember to record it.

0:42:29.840 --> 0:42:32.919
<v Speaker 1>I'm retuning. So which way are you going? I'm going

0:42:32.920 --> 0:42:36.719
<v Speaker 1>back to dad Gad. I wasn't standard tuning. Just how

0:42:36.760 --> 0:42:41.000
<v Speaker 1>often are you in standard tuning half the time? Oh? Really? Yeah,

0:42:41.280 --> 0:42:47.280
<v Speaker 1>I'd still live there, right, It's just that, um My

0:42:47.280 --> 0:42:50.480
<v Speaker 1>my second home is dad Gad. I thought that was

0:42:50.520 --> 0:42:53.479
<v Speaker 1>in California. By the way, how do you like being

0:42:53.520 --> 0:42:56.840
<v Speaker 1>in to paraphrase the sting song, how do you like

0:42:56.880 --> 0:43:00.920
<v Speaker 1>being an Englishman in California? Oh? I love being in California,

0:43:01.040 --> 0:43:04.279
<v Speaker 1>whether the geography, everything about it. It's just I mean,

0:43:05.280 --> 0:43:09.640
<v Speaker 1>my roots have become so entrenched there. I mean, you know,

0:43:09.719 --> 0:43:14.239
<v Speaker 1>I've got two daughters and two grandchildren. It's like I

0:43:14.280 --> 0:43:16.799
<v Speaker 1>couldn't imagine going back to England, not just in terms

0:43:16.800 --> 0:43:19.480
<v Speaker 1>of the weather, but also just being in America always

0:43:19.480 --> 0:43:22.800
<v Speaker 1>seems like you can get more things done. There's always

0:43:23.040 --> 0:43:26.200
<v Speaker 1>there's always a certain inertia in English, although there's a

0:43:26.239 --> 0:43:28.440
<v Speaker 1>difference between I was gonna say, is that true in

0:43:28.520 --> 0:43:32.920
<v Speaker 1>Europe in general? To some extent? I was just in

0:43:32.960 --> 0:43:35.040
<v Speaker 1>Italy and I was shocked to find that half of

0:43:35.080 --> 0:43:39.759
<v Speaker 1>Italy does the siesta like Spain does that. That was

0:43:39.800 --> 0:43:44.000
<v Speaker 1>always a alright, so I'm going to record this man

0:43:44.000 --> 0:43:50.280
<v Speaker 1>that I put her on video instead of a photo. Okay,

0:43:50.320 --> 0:46:21.400
<v Speaker 1>I saw her standing there. I have to put this

0:46:21.560 --> 0:46:25.600
<v Speaker 1>down to applaud fantastic. So that was great. So now,

0:46:25.640 --> 0:46:30.319
<v Speaker 1>but here's an example that baseline Paul got it from

0:46:30.320 --> 0:46:35.320
<v Speaker 1>a Chuck Berry record. Okay, no copyright on a baseline

0:46:35.400 --> 0:46:37.839
<v Speaker 1>like that. So how long does it take for you

0:46:37.920 --> 0:46:41.400
<v Speaker 1>to take that original song and then rearrange it in

0:46:41.440 --> 0:46:45.680
<v Speaker 1>a to this guitar, this tuning. It could be it

0:46:45.760 --> 0:46:48.880
<v Speaker 1>could be ten minutes, It could be three months. It

0:46:48.960 --> 0:46:52.839
<v Speaker 1>just depends on Yeah, so I know again, another really

0:46:52.880 --> 0:46:56.279
<v Speaker 1>surprising song is I Am the Walrisk. Yeah, that took

0:46:56.320 --> 0:46:59.120
<v Speaker 1>a while. I was gonna say, you could hear. You

0:46:59.120 --> 0:47:02.799
<v Speaker 1>could hear a lot of of of effort and love

0:47:02.880 --> 0:47:08.640
<v Speaker 1>went into putting that together. Again, it starts with the orchestration,

0:47:08.840 --> 0:47:13.480
<v Speaker 1>not what you expect to hear, let's let's get a

0:47:13.520 --> 0:47:16.000
<v Speaker 1>little bit of that before we try a few originals.

0:48:03.120 --> 0:50:59.880
<v Speaker 1>Wol fantastic. What are they going to start making a

0:51:00.040 --> 0:51:02.319
<v Speaker 1>Martin acoustic with a wammy bar? Because I get that.

0:51:04.880 --> 0:51:07.080
<v Speaker 1>So you're you're just doing it that way without the

0:51:07.080 --> 0:51:10.040
<v Speaker 1>actual parts. It's called I call it the virtual wammy

0:51:10.080 --> 0:51:13.600
<v Speaker 1>it is a virtual So so let's talk about some

0:51:13.640 --> 0:51:16.120
<v Speaker 1>of the other stuff that you've recorded, and again I

0:51:16.160 --> 0:51:20.319
<v Speaker 1>know I have we have to, So I mentioned I

0:51:20.320 --> 0:51:22.640
<v Speaker 1>want to talk about some of the originals, but I

0:51:22.680 --> 0:51:24.640
<v Speaker 1>would be remiss if I didn't talk a little bit

0:51:24.640 --> 0:51:29.120
<v Speaker 1>about the Wings album. You did, you said? Paul actually

0:51:29.239 --> 0:51:33.040
<v Speaker 1>had suggested this. Well, gave him LJ plays the Beatles,

0:51:33.080 --> 0:51:35.520
<v Speaker 1>and he said, well what about Wings? You know, because

0:51:35.520 --> 0:51:37.640
<v Speaker 1>it's a publisher. He kind of like, you cant help

0:51:37.680 --> 0:51:41.360
<v Speaker 1>like people who recording. So I was a huge Beatles

0:51:41.360 --> 0:51:46.040
<v Speaker 1>fan growing up, heartbroken ten when the Beatles break up,

0:51:46.040 --> 0:51:49.000
<v Speaker 1>but harder nine years, all but heartbroken. And then when

0:51:49.239 --> 0:51:53.320
<v Speaker 1>some of the Beatles songs, some of the Wings songs

0:51:53.360 --> 0:51:57.840
<v Speaker 1>came out, and you know, everybody loves Admiral Halsey, Uncle

0:51:58.600 --> 0:52:02.839
<v Speaker 1>Hal and there's a handful of songs from the from

0:52:03.440 --> 0:52:05.120
<v Speaker 1>Jet and Live and Let Die, And there's whole bunch

0:52:05.120 --> 0:52:08.400
<v Speaker 1>of stuff that's great, But there was some early songs

0:52:08.400 --> 0:52:11.160
<v Speaker 1>of his that when we first heard them, it's like,

0:52:11.600 --> 0:52:14.960
<v Speaker 1>you know, it really needs the acid wash of John

0:52:15.520 --> 0:52:22.000
<v Speaker 1>two offsets Paul's sweetness. But your covers completely changed my

0:52:22.120 --> 0:52:26.520
<v Speaker 1>perspective on it. So silly love songs, maybe I'm malaised

0:52:26.680 --> 0:52:29.400
<v Speaker 1>my love. Listen to what the man said. I always

0:52:29.400 --> 0:52:34.440
<v Speaker 1>thought of these as very light pop confesstion, not serious music.

0:52:35.239 --> 0:52:39.600
<v Speaker 1>Your covers of those reveal we talked earlier about, you

0:52:39.719 --> 0:52:45.719
<v Speaker 1>referenced revealing certain emotional resonances and nuances that may have

0:52:45.800 --> 0:52:49.520
<v Speaker 1>gotten lost in in the orchestration. And you've made me

0:52:49.640 --> 0:52:54.160
<v Speaker 1>relook these songs that I kinda that's fluff, because they're

0:52:54.200 --> 0:52:57.600
<v Speaker 1>really not. They're beautiful melodies. You know, you look at

0:52:58.520 --> 0:53:01.960
<v Speaker 1>any of the Great American Songbook songs, you know, just

0:53:02.000 --> 0:53:06.040
<v Speaker 1>putting aside the Anglo American aspects of it. You look

0:53:06.239 --> 0:53:10.080
<v Speaker 1>at Gershwin or Jerome Kern or Harold Allen. None of

0:53:10.080 --> 0:53:13.680
<v Speaker 1>these writers were singers. You know, there were a few,

0:53:13.719 --> 0:53:20.040
<v Speaker 1>I mean, um uh you you know, um Jogi Carmichael,

0:53:20.120 --> 0:53:24.759
<v Speaker 1>for example, but but typically you know, they wrote songs

0:53:24.800 --> 0:53:27.879
<v Speaker 1>for other people to sing. The idea of the songwriter

0:53:28.200 --> 0:53:31.840
<v Speaker 1>as the artist making the records was was really a

0:53:31.920 --> 0:53:35.000
<v Speaker 1>sixties phenomenon. I mean, the Beatles were really the first,

0:53:35.120 --> 0:53:37.680
<v Speaker 1>one of the first bands, certainly the first band to

0:53:37.719 --> 0:53:41.960
<v Speaker 1>achieve that level of success. Um who wrote their own material.

0:53:42.080 --> 0:53:44.160
<v Speaker 1>And and that was a battle they had to fight

0:53:44.239 --> 0:53:47.680
<v Speaker 1>at the beginning with George Martin, because you know, they said,

0:53:47.719 --> 0:53:49.840
<v Speaker 1>George Martin said, here's the song you're going to record,

0:53:49.840 --> 0:53:52.560
<v Speaker 1>and they said no, and they did it begrudgingly, and

0:53:52.560 --> 0:53:54.040
<v Speaker 1>they ended up, you know, how do you do it?

0:53:54.120 --> 0:53:56.200
<v Speaker 1>Jerry and the Pacemakers had a big hit with the

0:53:56.280 --> 0:53:58.600
<v Speaker 1>Mickey Most song. They said, we want to do our

0:53:58.640 --> 0:54:01.839
<v Speaker 1>own songs, and we're writing songs that are good enough

0:54:01.920 --> 0:54:05.320
<v Speaker 1>to do, you know, and you when you go back

0:54:05.360 --> 0:54:07.520
<v Speaker 1>in history and you realize that, you know, these composers

0:54:07.520 --> 0:54:13.520
<v Speaker 1>were writing for other people. We've become so um enamored

0:54:13.640 --> 0:54:15.880
<v Speaker 1>of the Beatles versions of the songs that to be

0:54:15.960 --> 0:54:19.400
<v Speaker 1>able to take them and and strip it down to

0:54:19.880 --> 0:54:22.440
<v Speaker 1>the same kind of musical fabric as you would get

0:54:22.480 --> 0:54:25.200
<v Speaker 1>with a Gershwin song, or or an Island song or

0:54:25.160 --> 0:54:30.680
<v Speaker 1>at your own current song, um then becomes an illuminating

0:54:30.760 --> 0:54:40.120
<v Speaker 1>experience because the nature of the music of it, which

0:54:40.120 --> 0:54:43.160
<v Speaker 1>is which is lovely. Yeah, it's lovely, and it's you

0:54:43.200 --> 0:54:49.319
<v Speaker 1>know the what it's it's and it's it's so it's

0:54:49.360 --> 0:54:55.200
<v Speaker 1>so nuanced, and it's so musically clever without being obviously clever.

0:54:55.640 --> 0:54:58.880
<v Speaker 1>But you have to kind of strip away the familiar

0:54:59.360 --> 0:55:01.600
<v Speaker 1>and paulse voice is so familiar, and you've heard it

0:55:01.680 --> 0:55:05.680
<v Speaker 1>so many times it's easy to lose track of what

0:55:05.680 --> 0:55:10.480
<v Speaker 1>what the underneath of that is that the only comparison

0:55:10.800 --> 0:55:14.600
<v Speaker 1>I could think of. I was a huge Pretender's fan.

0:55:15.239 --> 0:55:19.200
<v Speaker 1>I love the band, Love Chrissie Hines and they She

0:55:19.440 --> 0:55:22.279
<v Speaker 1>ultimately released an album I think was called Isle of

0:55:22.360 --> 0:55:25.640
<v Speaker 1>You that's horror and a string quartet in front of

0:55:25.640 --> 0:55:30.840
<v Speaker 1>an audience, a string quartet, And similarly, you discover, wow,

0:55:30.880 --> 0:55:33.840
<v Speaker 1>these aren't just you know, headbanging rock and roll. So

0:55:34.160 --> 0:55:38.760
<v Speaker 1>they're a beautiful right and and in in a number

0:55:38.800 --> 0:55:42.640
<v Speaker 1>of ways, you've forced me to relook at a number

0:55:42.840 --> 0:55:45.799
<v Speaker 1>of songs that I always kind of, you know, shrugged off,

0:55:46.680 --> 0:55:49.600
<v Speaker 1>especially the wing songs. That little that little stands you

0:55:49.680 --> 0:55:53.120
<v Speaker 1>just played. That's a lovely little melody, and it's too

0:55:53.120 --> 0:55:55.239
<v Speaker 1>easy to dismiss it as that's just a pop song

0:55:55.320 --> 0:55:58.120
<v Speaker 1>until you hear it in that context. But you know, um,

0:55:58.160 --> 0:56:01.279
<v Speaker 1>I Got Rhythm is just a pop song until you

0:56:01.360 --> 0:56:05.240
<v Speaker 1>hear it sung by you know, Tony Bennett or somebody.

0:56:05.239 --> 0:56:10.160
<v Speaker 1>I mean, it's these are vehicles for interpretation and that,

0:56:10.520 --> 0:56:12.320
<v Speaker 1>you know. And it's not like there aren't a million

0:56:12.320 --> 0:56:14.200
<v Speaker 1>cover songs of Beatles records. You know, a lot of

0:56:14.239 --> 0:56:17.280
<v Speaker 1>them have just kind of got lost over the years.

0:56:17.640 --> 0:56:21.000
<v Speaker 1>You know, you have to rediscover it's not just um,

0:56:21.160 --> 0:56:23.320
<v Speaker 1>Joe Cocker doing with a little help from my friends,

0:56:23.400 --> 0:56:27.839
<v Speaker 1>for example, which is you know, one of those iconom

0:56:27.880 --> 0:56:30.040
<v Speaker 1>I mean, there's a lot of them, you know, you know,

0:56:30.360 --> 0:56:33.080
<v Speaker 1>but it runs into that problem if it's too exacting,

0:56:33.360 --> 0:56:36.040
<v Speaker 1>why bother? And if it's so far afield. I mean,

0:56:36.120 --> 0:56:38.560
<v Speaker 1>Joe Cocker made that his own, but there are so

0:56:38.600 --> 0:56:41.279
<v Speaker 1>many covers you here, and it's like, well, you know

0:56:41.320 --> 0:56:43.560
<v Speaker 1>that it's a business. I mean, the fact is that

0:56:43.719 --> 0:56:45.640
<v Speaker 1>you have an artist, you have a record company, you

0:56:45.640 --> 0:56:48.799
<v Speaker 1>have an artist in repertoire, and our person who says, okay,

0:56:48.840 --> 0:56:50.960
<v Speaker 1>we have to put together a repertoire for this album,

0:56:51.000 --> 0:56:55.800
<v Speaker 1>and and it's just how do you bring something fresh

0:56:55.840 --> 0:56:58.480
<v Speaker 1>to it? Um? And it depends on the artist. It

0:56:58.520 --> 0:57:03.120
<v Speaker 1>depends on the artist tree involved. So speaking of artistry,

0:57:03.200 --> 0:57:07.359
<v Speaker 1>let's talk about some of your original songs. And in

0:57:07.400 --> 0:57:09.640
<v Speaker 1>the last five or ten minutes we have I just

0:57:09.719 --> 0:57:13.560
<v Speaker 1>have five, and then I would there's a number of

0:57:13.640 --> 0:57:17.360
<v Speaker 1>questions I haven't even remotely gotten to. So let me

0:57:17.400 --> 0:57:20.280
<v Speaker 1>ask you two quick questions before we get to your

0:57:21.000 --> 0:57:23.640
<v Speaker 1>uh some some of my favorite stuff of yours. So

0:57:24.600 --> 0:57:27.360
<v Speaker 1>you're in the business of being a professional musician. What

0:57:27.400 --> 0:57:30.800
<v Speaker 1>do you do when a recent college grad comes to

0:57:30.840 --> 0:57:33.560
<v Speaker 1>you and says, I'm thinking of a career in music.

0:57:33.640 --> 0:57:35.840
<v Speaker 1>What what sort of advice would you give to that person?

0:57:36.240 --> 0:57:39.200
<v Speaker 1>I would say, don't think about it, do it really

0:57:39.560 --> 0:57:42.400
<v Speaker 1>despite all the changes and the challenges, and just be

0:57:42.400 --> 0:57:45.640
<v Speaker 1>be educated, be aware of where the revenue streams are,

0:57:46.600 --> 0:57:50.360
<v Speaker 1>be aware of how difficult it is to make a

0:57:50.400 --> 0:57:54.800
<v Speaker 1>living as a musician, and be properly prepared for it. See,

0:57:54.800 --> 0:57:56.360
<v Speaker 1>I think that what happens is you get a lot

0:57:56.360 --> 0:58:00.200
<v Speaker 1>of people who base their musical education on emulate ing

0:58:01.120 --> 0:58:06.840
<v Speaker 1>somebody else without having the foundation two to build a

0:58:06.920 --> 0:58:10.280
<v Speaker 1>career on. You know, there was a time when you could,

0:58:10.600 --> 0:58:13.560
<v Speaker 1>perhaps you know, back in the sixties or the fifties,

0:58:13.600 --> 0:58:16.040
<v Speaker 1>you could hear somebody and say, oh, I can do that,

0:58:16.240 --> 0:58:19.240
<v Speaker 1>and you know, be do your own version of Johnny

0:58:19.280 --> 0:58:22.960
<v Speaker 1>Cash or Elvis or whatever. But now you know the

0:58:23.120 --> 0:58:26.640
<v Speaker 1>music businesses so that the real kind of money end

0:58:26.640 --> 0:58:30.280
<v Speaker 1>of the business is so focused on a certain segment

0:58:30.840 --> 0:58:33.520
<v Speaker 1>of audience in terms of you know, basically kind of

0:58:33.560 --> 0:58:36.240
<v Speaker 1>preteens and teens. And you know, if you're a female

0:58:36.360 --> 0:58:39.840
<v Speaker 1>artist and you're over the age of twenty, then your

0:58:39.920 --> 0:58:43.760
<v Speaker 1>your chances of getting signed to a record deal diminish

0:58:44.000 --> 0:58:48.160
<v Speaker 1>quite rapidly. Um. One of the reasons my daughter Elsie

0:58:48.560 --> 0:58:51.959
<v Speaker 1>really focused on the songwriting side of it, because it's

0:58:52.760 --> 0:58:56.240
<v Speaker 1>if you make inroads as a songwriter, then you have

0:58:56.320 --> 0:58:58.640
<v Speaker 1>more freedom as an artist. You know, it depends whether

0:58:58.640 --> 0:59:00.240
<v Speaker 1>you want to be a pop star when you whether

0:59:00.240 --> 0:59:02.200
<v Speaker 1>you want to be an artist. And I think the

0:59:02.240 --> 0:59:04.520
<v Speaker 1>advice I would give is what are your goals? Do

0:59:04.560 --> 0:59:06.840
<v Speaker 1>you simply want to be up on stage with lights

0:59:06.880 --> 0:59:11.600
<v Speaker 1>and and um and group is and you know, is

0:59:11.600 --> 0:59:13.960
<v Speaker 1>it just the glamor of it that that attracts you

0:59:14.160 --> 0:59:19.120
<v Speaker 1>or is it a serious desire to make music and

0:59:19.480 --> 0:59:22.760
<v Speaker 1>to make that your focus and and you know, so

0:59:22.840 --> 0:59:27.240
<v Speaker 1>I think it's important to set realistic goals. Um, and

0:59:27.320 --> 0:59:29.800
<v Speaker 1>it is possible to make money as a musician, but

0:59:29.920 --> 0:59:31.440
<v Speaker 1>you know, if you join a band and you go

0:59:31.480 --> 0:59:34.000
<v Speaker 1>out on the road, don't expect to at least not

0:59:34.080 --> 0:59:36.560
<v Speaker 1>straight away. So that leads me to a question I

0:59:36.600 --> 0:59:39.680
<v Speaker 1>asked all my guests, which which is simply, what do

0:59:39.720 --> 0:59:42.360
<v Speaker 1>you know today that you wish you knew when you

0:59:42.440 --> 0:59:46.800
<v Speaker 1>started let's pull it years ago? I think I wish

0:59:47.000 --> 0:59:52.360
<v Speaker 1>that I had been better informed about the writing and

0:59:52.360 --> 0:59:54.160
<v Speaker 1>the publishing side of it so that I could have

0:59:54.200 --> 0:59:57.080
<v Speaker 1>started that earlier. But I did it when I did it,

0:59:57.200 --> 1:00:00.760
<v Speaker 1>and that's that's fine. So speaking of which, let's let's

1:00:01.120 --> 1:00:04.040
<v Speaker 1>get one more tune from you before you have to

1:00:04.080 --> 1:00:08.480
<v Speaker 1>go out, which is what what is your favorite original?

1:00:08.520 --> 1:00:11.440
<v Speaker 1>In terms of that's like asking which one is my

1:00:11.480 --> 1:00:15.600
<v Speaker 1>favorite kids? Okay, I won't ask you that, but I

1:00:15.640 --> 1:00:19.000
<v Speaker 1>will say what's your favorite not your favorite song? What's

1:00:19.000 --> 1:00:21.800
<v Speaker 1>your favorite original song? To play? What do you have

1:00:21.880 --> 1:00:26.040
<v Speaker 1>the most fun playing? Which is a different question. It

1:00:26.160 --> 1:00:29.120
<v Speaker 1>is a different question. And um, and I do notice

1:00:29.160 --> 1:00:31.920
<v Speaker 1>when I when I saw you at the Cunning Room,

1:00:32.040 --> 1:00:36.200
<v Speaker 1>you look like you're having a ball playing. Oh yeah,

1:00:36.280 --> 1:00:38.560
<v Speaker 1>let me let me do this one because it's a

1:00:38.920 --> 1:00:42.560
<v Speaker 1>It's a tune called catch and it's just it's I

1:00:42.960 --> 1:00:45.240
<v Speaker 1>usually open the show with it because it just kicks

1:00:45.280 --> 1:03:29.840
<v Speaker 1>everything into games. M kokoo fantastic. I have the greatest

1:03:29.920 --> 1:03:35.320
<v Speaker 1>job in finance, Larry, Thank you so much for being Larry.

1:03:35.360 --> 1:03:37.800
<v Speaker 1>Where did that come from? LJ? Thank you so much

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<v Speaker 1>for being so generous with your time. Um, if you've

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<v Speaker 1>enjoyed terrific. If you've enjoyed this conversation, be sure and

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<v Speaker 1>look up an inch or down an inch for any

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<v Speaker 1>of the other nineties seven or so conversations we've had.

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<v Speaker 1>Be sure and check out all of l j's music

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<v Speaker 1>and books and everything else at Lawrence Juber dot com.

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<v Speaker 1>You've been listening to Masters and Guitar on Bloomberg Radio.

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<v Speaker 1>Look Ahead Imagine more. Gain insight for your industry with

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