A Quote by Ozzy Osbourne
In those days, if you wanted a new car or a holiday, you'd phone up the office and they'd send you some cash. You never had a bank account. I don't know anyone from the music business in the Seventies that it didn't happen to.
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I have no idea how to get in touch with anyone anymore. Everyone, it seems, has a home phone, a cell phone, a regular e-mail account, a Facebook account, a Twitter account, and a Web site. Some of them also have a Google Voice number. There are the sentimental few who still have fax machines.
Occasionally, you know, a myth is specific with a certain model of car, you know, like a Corvette or whatever. And so we end up spending some cash on those.
When a bank makes a loan, it simply adds to the borrower's deposit account by the amount of the loan. It does not take this money from anyone else's deposit; it was not previously paid in to the bank by anyone. It's new money, created by the bank for the use of the borrower.
I know a lot of people at some point in their business careers decide they'll just cash in and do something else, but for some reason, I've never had that feeling.
The music business for me was never about buses and billboards you know, that was never the reason I got into the music business. The reason I wanted to get into the music business was because I genuinely, wholeheartedly love to sing. I love singing songs and telling stories and playing music, so that's why I got into the music business.
But I sent letters to people in the music business. And one day I got a phone call from somebody and he asked me when I was born and where I was born. And, you know, three or four days later I got a call. Someone said, you know, Yoko Ono wanted to meet me in New York. I got on a plane. And the next day I was having coffee with John Lennon.
The World Bank and others have been converted to conditional cash transfers (CCT). These provide poor people with cash on condition they send their children to school and for medical treatment.
If you enter the World Bank office in Washington, D.C., you will see written on the left wall, 'The purpose of the World Bank is to fight poverty with passion.' I had it put up there because I wanted something that unites us as an institution.
There was a time in L.A. when I drove to 7-Eleven to go grocery shopping, and I locked my keys in my car, which wasn't insured. My wallet was in there, and I couldn't call AAA, because I only had $7 in my bank account. It was one of those moments where I was like, 'O.K., I literally have nothing right now.'
There was a time in L.A. when I drove to 7-Eleven to go grocery shopping, and I locked my keys in my car, which wasn't insured. My wallet was in there, and I couldn't call AAA, because I only had $7 in my bank account. It was one of those moments where I was like, 'O.K., I literally have nothing right now.
One of the first auditions I had in New York was for a commercial where I had to go in and audition to be a snake charmer... It was either some bank commercial or something where they wanted a guy charming a snake... I remember they wanted to know if I actually knew how to snake charm.
I had a '69 Road Runner when I was a kid. I had it for 13 days, came home one day, and my parents were in the driveway. They said, 'Meet the new owner,' because they'd gotten phone calls about me burning rubber for the last 12 days. They thought I'd wrap it around a tree, and it was too much car for a 16 year old.
There has never been a master plan. Anyone who wanted to do it, we fired because it takes on a life of its own and doesn't cover new reality. We want people taking into account new information.
I had business experience. I had made my living designing and building electronic equipment. Basic business was not new to me, but the music business was completely new to me. I knew nothing about distribution, or any of those things.
The music business is a weird business. Sometimes licensing doesn't happen because some business component that you never knew about stops it.
The tax incentives are things the music business can emulate. If I own Yesterday by the Beatles and I go to a bank and try to borrow $10,000 and use that song as collateral, they wouldn't know what to do. They would run me out of the bank. Whereas if we get specialized people who know how to appraise the value of intellectual property like songs, catalogs and master recordings, they know how to put some type of value on it. They have this in Nashville and Los Angeles. New Orleans is just starting to get it.
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