#bowie bonds

[davidssecretlover]

1997: DB releases Bowie Bonds

Bowie Bonds? read it here

[pavel-nosok]

David Bowie Estate to Drop ‘Bowie on the Blockchain’ NFTs, Sale Receives Backlash From Fans

David Bowie Estate to Drop ‘Bowie on the Blockchain’ NFTs, Sale Receives Backlash From Fans

The David Bowie estate recently announced it is launching a series of non-fungible token (NFT) collectibles called “Bowie on the Blockchain.” Following the official announcement, however, a number of Bowie’s fans chastised the project and called it a pyramid scheme. Bowie’s blockchain collectibles will launch on Opensea on September 13, and proceeds from the sale will go to the global…

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[yourfluffiestnightmare]

Hello! Can you talk about Bowie bonds and what ended up happening with them?

ENTER DAVID PULLMAN. The guy is a econ guy or just rich and knows shit about investments, so he came up with the idea of Bowie Bonds. Basically the rundown seems to be - you invest in Bowie. The security was the sales out of the existing catalogue up to 1990. This is important, because this was 1996.Pullman, contrary to Bowie, seemed to have very little clue which threat the internet would prove to be to CD sales. And of course David, who started publishing digital music a few months after, was like “DAMN THAT’S A GREAT IDEA”.So they set up the deal and it would run 10 years, from 1996 to 2006, and Pullmann bought all units of the deal as single investor, and David got his 55 million upfront just like that so he was quite the happy gnome.Okay, no, of course there’s a catch. He didn’t want that money to be richer. He used it to buy back some master tapes from Defries for a ton of money so he owns every master tape of his songs, except Space Oddity.The Bonds weren’t really made for the everyday guy to invest in Bowie. Pullman got a deal to get a certain percentage of David’s “1m record sales a year” income over ten years.With the upcoming internet, of course, that security which had been deemed as so good, plummeted so the bonds, when they ended, were very low-rated. The TL;DR is that somebody had the idea to invest in an artist with his catalogue as security and get some part of his income over 10 years, David agreed.And basically, the deal was *brilliant* in terms of timing, because Pullman came up with it for the first time when it was the last chance to pull off something like that and David maybe knew, maybe didn’t know that, but certainly knew that it would enable him to gain control over his masters which is why he did it.At least that’s my understanding of it.

[lfnewswire]

David Bowie’s Creative Estate Planning Helped Preserve Assets, Says Virginia Estate Planning Attorney

David Bowie’s Creative Estate Planning Helped Preserve Assets, Says Virginia Estate Planning Attorney

Fairfax, VA (Law Firm Newswire) March 14, 2016 – Legendary pop music icon David Bowie, who recently died at the age of 69 of liver cancer, exercised much creativity concerning his estate planning in an effort to preserve his assets for his family. It was reported that he experienced financial problems in the 1970s and 80s, almost to the point of bankruptcy. However, in the 90s, he took charge of…

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[lisaleaks]

David Bowie: The Man Who Sold the World…and Bonds

David Bowie: The Man Who Sold the World…and Bonds

– Photo: David Bowie, who died from cancer Sunday at 69, pioneered a type of bond sale in the late 1990s that helped the music icon reap millions of dollars. Here are details of how he made financial history with “Bowie Bonds.” David Bowie was an innovative performer, and a financial innovator as well David Bowie, who died from cancer Sunday at 69, pioneered a type of bond sale in the late…

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[samuelfrenchmarketing]

Bowie: The Man Who Sold Royalties and Brought Music to Bonds

Bowie was not only an innovative performer but he was a financial innovator as well.  http://www.bloomberg.com/news/articles/2016-01-11/bowie-bonds-drove-changes-in-markets-leading-to-esoteric-finance

[macdailynews]

David Bowie's 'Blackstar' sales soar as musical and financial legacy endures

David Bowie’s ‘Blackstar’ sales soar as musical and financial legacy endures

“Sales of David Bowie’s last album – released two days before his death from cancer – soared on Monday along with downloads of his greatest hits, testimony to the powerful appeal of a pioneer in pop culture and the music business,” Piya Sinha-Roy, Guy Faulconbridge and Marie-Louise Gumuchian report for Reuters. “Bowie, who produced hits such as ‘Ziggy Stardust’ during a career featuring daringly…

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[bruceturkel]

New Post has been published on TurkelTalks

New Post has been published on http://turkeltalks.com/bowie-is-dead-im-sorry-for-your-loss

Bowie is Dead. I’m Sorry for Your Loss.

David Bowie passed away on Sunday at the age of 69. And even if you didn’t really know him, you just lost a vital role model.

Bowie was a lot of things: Musician. Rock star. Fashion plate. Gender identity activist. Businessman. Songwriter. Record producer. Multi-instrumentalist. Painter. Actor. Arranger. Dramatist. And the ultimate zeitgeist cypher of our age.

He worked in movies you remember including The Hunger, The Man Who Fell to Earth, The Prestige, The Last Temptation of Christ, SpongeBob SquarePants and more.

Bowie wrote songs you still hear and probably still hum including Space Oddity (“Ground Control to Major Tom.”), Let’s Dance (“Under the moonlight. The serious moonlight”), Young Americans (“All night, she was a young American”) and more.

From Space Oddity to Ziggy Stardust to The Thin White Duke to his Berlin phase to New Wave to the Tin Machine to electronica to jazz, Bowie changed his appearance and his musical styles as often as you change underwear. Maybe more often even. And right up until the time of his death he was changing again – this time reinventing himself as a jazz musician.

Bowie was also an influential businessman who changed the way artists are paid for their work. Simply put, The Thin White Duke bundled some 200 plus pieces of intellectual property he owned (songs, lyrics, arrangements, etc.) and sold their future royalties to Prudential Insurance Company’s investment fund. The deal netted the investors in his Bowie Bonds a 7.9% return for ten years and put $55 million dollars in Bowie’s pocket.

Bowie used Prudential’s stake to buy more of his own catalog back from a former manager and to invest in emerging Internet companies. Ironically enough it was the rise of the Internet and downloadable music that ultimately devalued Bowie Bonds to near-junk status because once his music was available at the click of a mouse the royalties declined greatly.

Throughout it all, Bowie was always exploring limits, pushing boundaries, shape shifting, and looking for the next thing. A cultural chameleon who never accepted the status quo he instead looked for new and exciting ways to change his career, his industries, and himself to always stay current and relevant. And in an industry that constantly consumes concepts and eats its young about as quickly as it emulates them, Bowie had a powerfully influential career that spanned decades, lasting from 1962 all the way to 2016. The man was such an important role model that David Buckley said Bowie, “…permeated and altered more lives than any comparable figure.”

Whether you were a rabid fan or are hardly aware of the Bowie oeuvre, the lesson he generously left us all remains the same: In today’s age of the fastest technological and cultural changes ever experienced, your ability to continually innovate and change yourself and your brand – all while staying unerringly true to your most profound authentic self – is both the evolutionary defense mechanism and the adaptive technique you and your business needs to survive and thrive.

Ziggy Stardust showed us the way. All we need to do is apply the lessons he left us.

R.I.P. David Bowie. And thank you.