Hacker News Reader

Comment by Forgeties79 | Hacker News Reader

That honestly sounds like a good deal for the buyer at first blush but can’t say I’m an expert here

With the trend of things, this seems like good timing for the RHCP estates with a not so unlikely collapse of licensing revenue happening in the near future.

I wonder if you tend to see more artists selling their back catalogues at times like this when some technological disruption is casting doubt on their ability to continue to generate income from them. David Bowie was famously one of the first artists to securitise music royalties, in 1997, basically at the dawn of the digital copying era.

Why would licensing revenue for hit songs collapse?

Most of the Red Hot Chili Peppers hit songs are pushing 30 years old. Their songs have already hit their peak popularity and will only be declining from now on.

This along with AI generated music flooding the market. An AI generated song has already been #1 on the iTunes Charts. AI generated music is only going to get better and more popular.

Future TV shows/movies/etc. will likely just be generating their own music, rather than paying royalties for "hit songs".

I picked up Cyberpunk again recently. It's gotten me curious about how the music for the game was developed. They have something like a dozen in-universe radio stations, which each has a handful of original songs.

> Most of the Red Hot Chili Peppers hit songs are pushing 30 years old.

And? That hasn't been a problem for other artist catalogues

>An AI generated song has already been #1 on the iTunes Charts.

Yeah? It's a real big hit, huh? If you believe all of this, then I can see how it would make sense. It doesn't really pass the sniff test.

>Future TV shows/movies/etc. will likely just be generating their own music, rather than paying royalties for "hit songs".

Why would they? They can already have knock-off whatever song they want for a trivial cost

Mixtape (game) clearly shows the power of and demand for familiar songs. See also: wedding receptions.

People don’t want just want “song sound good enough.” They have connections to specific bands/artists. Music is like…50% about the song, 50% about the memories associated with the band/album/song.

Random AI generated stuff…call me old fashioned, but I just don’t think it’ll make real music by real people go out of fashion.

Plus there’s live shows.

> Most of the Red Hot Chili Peppers hit songs are pushing 30 years old. Their songs have already hit their peak popularity and will only be declining from now on.

Bach is still hot some 300 years later.

> An AI generated song has already been #1 on the iTunes Charts.

That's a good resaon enough to cancel your subscription.

I do get your point. They're taking the retirement package. The world officially sucks one bit more now. RHCP selling off, AI music.

Hey, at least the Rolling Stones are on tour again. Jagger is 82 and still dope.

This is as close as you get to a win win in life.

Reply on news.ycombinator.com