The Mudcat Café TM
Thread #162177   Message #3964951
Posted By: GUEST,matt milton
05-Dec-18 - 01:00 PM
Thread Name: Bright Phoebus reissued/Radio Documentary
Subject: RE: Bright Phoebus reissued
"CM is now apparently in the hands of Dave's son, who I believe is also a musician, and as a younger person hopefully has a better understanding of how to deal with the catalogue in the digital age. Done properly, I beleive it could be a commercially viable enterprise to make many of these important recordings available to the public, and to go some way to repairing the damage to his father's reputation. But we'll have to see."

It's good to hear that Bulmer Jnr is a musician: that might make a difference to his perspective on albums lying unheard and artists going unpaid.

What I want to know is what happens to the money generated by Domino from sales? Presumably a lot - maybe all - will have gone to court costs, but it still must have made a fair bit for the Watersons. Which is nice. Are court costs tax deductible? Maybe it'll end up being a tax-loss for Domino? A kind of not totally unhappy ending.