
Emily fights annoying light while the two talk about their New Year’s resolutions. Surprise, they’re actually resolutions to do LESS and not MORE. SUPRISE.
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Episode Transcript
Note: a machine made this, so it’s not perfect, but if you’re hearing impaired and have any questions about what we said, please feel free to ask us in the comments or send us an email with the form below.
[00:00:00] Emily: welcome to the podcast. My name is Emily and my name is Andrew and we made it weird before we even started you. I just followed what you were doing. I know I matched your energy. I’m just matching your energy bra, matching the vibe, bro. Matching it, doing it,
[00:00:37] Andrew: filling this bag up in this
[00:00:38] Emily: house. Uh, I don’t know.
[00:00:43] Did the cool kids say these days? I’ve never in my life matching the vibe, but then this house? No, there, I I’m pretty sure the kids aren’t saying
[00:00:51] Andrew: that. I’m pretty sure the kids are saying this vibe is busing straight lesson though.
[00:00:57] Emily: Yeah,
[00:00:58] Andrew: that’s one of the, I’m sure like I’m a year behind that one.
[00:01:02] Emily: Busing, some buses, some tracks making some bus channels.
[00:01:06] Oh, there we go. Live in studio one. No, I spend so much time in studio wine on a video that I launched last night. Yeah.
[00:01:17] Andrew: Well, I’ve decided to embrace being old. I am part of getting old a is embracing smoking the meats.
[00:01:28] I’m back on my bullshit. Again, I have made my own bacon from scratch.
[00:01:34] Emily: You made that that’s so sin you’ve made it so soon. I expected it to be thicker. Damn that’s crunchy bacon, super crunchy. This is now vacant. ASM our podcasts.
[00:01:50] Andrew: No, I cured it myself and I. Wow. Adjust to that here.
[00:01:56] Emily: It’s too sweet. I don’t like sweet bacon.
[00:01:59] I am not sweetmeats yuck.
[00:02:03] Andrew: It needs a little sweetness to work, but not a lot. And this is venturing towards candied bacon. It’s better than my first at this. So this is only my second attempt to ever. My first one was like, so like, yeah, the recipe I followed was nonsense because it was asking for brown sugar.
[00:02:21] And this one was like, I sliced it and put it in the pan. And it was like burning before it even cooked through because the sugar was just like caramelizing on the outside. So that wasn’t great. It did a better job this time. I’ll dial back the sugar. Next time that pepper
[00:02:39] Emily: needs more or not enough, or it does the same thing too much or not enough.
[00:02:47] Right.
[00:02:47] Andrew: Amount. Wrong, wrong pipe.
[00:02:50] Emily: Oh, yeah.
[00:02:53] Andrew: I was trying to talk while eating peppery bacon. I, yeah, so I cured it. I smoked it last night. I took it off. The smoker, took a ton of ground pepper, like fresh ground pepper over it, wrapped it up nice and tightened for the fridge overnight and then sliced and fried this morning.
[00:03:07] And yeah, I would say this is a huge improvement from the first round, but I’m not sure I’m bringing this to Christmas brunch. So
[00:03:16] Emily: we’ll see.
[00:03:21] Andrew: It’s super smoky though. I smoked it for four hours. Oh. Rat dam was able to keep the temperature down low enough to where I wasn’t rendering the fat out of the bacon in the smoking process.
[00:03:33] Emily: Wow.
[00:03:34] Andrew: Pretty exciting. I’m old. I smoked meats like mark
[00:03:39] Emily: Zuckerberg.
[00:03:44] So it’s a new deal.
[00:03:49] I, well, I thought I broke my toe. I just sprained it. Uh, then my grandpa died, so that was great. So yeah, I have had a fantastic week. Um, yeah. Thanks for asking.
[00:04:10] Andrew: Yeah, we talked about some of that earlier in the weekend. So I don’t sound too terribly heartless here. Cause this is about me. I am sorry about your grandpa.
[00:04:19] Thank you.
[00:04:21] Emily: Thank you. I just saw him in October so that, uh, you know, took a little bit of staying out of things. Uh, you know, it had been a couple of years since I’d seen him. So I was glad we got to make that visit out meant a lot. Um, get some quality time. Um, so good. No, yeah. Yup. Uh, I mean it sucks. It is what it is and it’s that age where these things happen and it’s, um, you know, it doesn’t really get easier I guess, but, uh, you know, it just sucks.
[00:05:00] So sorry guys. There should have been a content warning for that one, but uh, didn’t think about it.
[00:05:08] Andrew: Sometimes life is a life is wrong. Happens.
[00:05:11] Emily: It’s raw. Yeah. This episode is actually dropping the day after my mom’s birthday. Happy 16th birthday. Yeah. Yeah. Happy birthday mom. Oh, she wouldn’t have liked me to say the age. So happy birthday and happy. That’d be 38th birthday.
[00:05:26] Andrew: Yes. I mean you never age another year.
[00:05:30] Emily: Lord’s will be 33 forever. I have found out that Tom cruise, actually, all of his wives, wives divorced him at the age of 33. Yeah. And each one was 11 years younger than the last.
[00:05:50] Andrew: That’s a, that’s like the Leonardo DiCaprio effect, but just delayed
[00:05:55] Emily: or the Taylor swift effect or the Jake Gyllenhaal. I get older, but your girlfriend stayed the same age. Yep. Yeah. The change, the subject around coach. Yeah. So I just kind of was like, uh, emailed some, some full pin was like, ah, I was going to film some demos this week and I’m just not, not filming you the most this week.
[00:06:20] I’m really sorry. Yeah. And, uh, yeah, that was that. So, uh, sorry, really. Sorry to everyone. I was supposed to film demos for this week. I did. Uh,
[00:06:32] Andrew: can I interject and say, please don’t apologize. That should be normal.
[00:06:36] Emily: And I
[00:06:37] know
[00:06:38] Andrew: that like a death of his beloved family members should be caused for no questions asked full
[00:06:43] Emily: stop.
[00:06:44] Oh, they were all really cool about it. And they all basically said, don’t apologize. Good. That’s good. Yeah.
[00:06:50] Andrew: If any of them didn’t. If any of the
[00:06:54] Emily: day, if any of them were not cool about it, I would’ve have just returned their project, their product. Honestly,
[00:07:01] Andrew: that would be a good pacifistic way of beating somebody
[00:07:03] Emily: up.
[00:07:04] I’d be like, sorry, it’s not working on returning the product. But thankfully they were all really, really cool, especially Matt from line six, which was the coolest and, uh, really love, really love that company. So I’m really, I really wanted to fill in that I checked stomp video this week. Cause I’ve just been loving it.
[00:07:22] I mean, I used it and something I filmed last weekend with the, uh, model cycles and was really excited to release. Feature it on its own this week. But, uh, obviously that just didn’t happen. So it’s still sitting on my desk waiting, waiting to be, uh, properly appreciated, you know? So I didn’t like, it’s such a cool the stomp XL.
[00:07:50] Andrew: Oh yeah, yeah. That’s the only one unit like that. That’s an expression pedal with a Fox Cairo topper would be a great all-in-one rig.
[00:08:00] Emily: You know, I don’t have an expression pedal with a Fox Cairo topper. I just have some, I did have some of those Lindsey D toppers I’m pedals, expression, pedals that would
[00:08:10] Andrew: work.
[00:08:10] Yeah. I know. I love the way that those things look. I’ve actually got one of my box and a box over my head here. I’m staring at it now. Yeah.
[00:08:19] Emily: I was like, what are you looking at?
[00:08:21] Andrew: Well, I think that I got a volume. Uh, yeah, I know I got one with the full intent of doing a giveaway. I don’t know if I’m going to do it all just on my own or if I’m going to pitch that in with the giveaway with somebody else.
[00:08:34] Uh,
[00:08:35] Emily: and I hate doing giveaways. It’s not just, it’s not because I hate giving things away. It’s because I have to be absolutely really giveaways work from a marketing perspective. They worked so well to like, Get email subscribers get followers or whatever, but like the, the, the headache that they are, I don’t think they’re the they’re.
[00:09:01] They are a great way to get fast subscribers or followers. They’re not necessarily the most engaged people. And. And then when people, people bother you a lot, they’re like, have you announced the winner yet? Have you announced the winner yet? And, uh, then if they don’t win, like the sob stories that you get with these campaigns sometimes, like I used to do a lot of kit ticket giveaways when I ran a blog called Nashville for free and Nashville, obviously.
[00:09:31] Right. When I do take a giveaways, I would, it’d be like comment to win, come for the chance to win. And I would just get like sob stories. I’m sorry like this, this is not, this is not how this works. Like, it’s not like, why do you, it’s not, this is not helping your case. This is just making me feel very uncomfortable.
[00:09:57] Like, I’m sorry, you’re going through it right now. We all are going through some stuff. Everyone’s got problems. Manipulate me is just making those deserve these tickets because it gets Baxter off the bridge. Yeah. It’d be stuff like that. Like it would really, it’d be like my ex boyfriend kicked my dog off a bridge.
[00:10:19] It’d be like, Jesus. Wow. That does nothing to do with the national playing the Ryman auditorium. That dog. Oh, my God. It would really be like, and I, and no, I think just like that experience has made me not want to do giveaways. And then sometimes people win and you reach out to them and they just don’t respond to you.
[00:10:45] And you’re like, whoa, you have 24 hours to respond. And then like three days later, they’re like, oh, Here’s my address. You had 24 hours and then they get really mad at you and cuss you out and like threatened to hurt you to me. Like I just can’t, I just don’t wanna deal with them. And that doesn’t really do giveaways unless someone else’s fulfilling them.
[00:11:11] And it’s, I’ve won a few giveaways. One like one giveaway I won, took like a year a dead-ass a year to fulfill. I actually kept messaging the guy I’m like, what is up, dude? Like you can’t, you can’t do that. Like, you can’t have a giveaway and then now fulfill the product. Like, that’s just, it’s not like it’s not hard,
[00:11:30] Andrew: like fulfilling a giveaway should be simple.
[00:11:33] Emily: Uh, you should not be giving away something that you don’t have, which it sounds like is what happened. Uh, so that I, God, my head
[00:11:43] Andrew: spaces. Yeah. You need to simplify that experience.
[00:11:47] Emily: Yes. That was usually the one I’m not naming names on that one.
[00:11:53] Andrew: No. So I am doing a giveaway with Fox Kairos soon, but I’m not the one fulfilling, it’s part of a larger situation with another platform.
[00:12:01] But I don’t think that’s getting announced till probably around the time or like another couple, three weeks. We’ll be in the new year. I think there’s a plan early January. So keep an eye out.
[00:12:15] Emily: Yes. I’m excited for that.
[00:12:18] Andrew: Oh, absolutely. We’d love to talk about it. I’m excited for it. I’m also excited that I’m not the one doing the fulfilling
[00:12:27] Emily: contributed fulfillment was the worst.
[00:12:31] I remember her once we did a giveaway and the first winner was like some weird spam account.
[00:12:38] Andrew: That was something that was awful. It was like, oh, we’re not
[00:12:41] Emily: going to do that. No, just kidding. The second winter was in Canada and I had. You got to cover shipping. Yep. Covered the difference in shipping. Yeah.
[00:12:53] They were very excited though. And they were very gracious. So we’ll add that person. Yeah. Um, and what’s an Cilla Koski one, a fuzz pedal from us. That was cool.
[00:13:03] Andrew: That was super
[00:13:04] Emily: cool. Yeah. Hey man.
[00:13:11] Andrew: Anyways. Hey, if any, any other platforms are interested in, uh, I think Fox got road. Join your giveaway. Let me know. How’s that for a very unprofessional, soft feeler
[00:13:23] Emily: spaghetti
[00:13:24] Andrew: on the wall and see what sticks I’ve got stuff laying
[00:13:27] Emily: around. It’s the biggest stuff you’ve got laying around. I heard, uh, something Christmas.
[00:13:36] Yeah. Perhaps. So, um, get offset does every year with our Patriots, you can join our patriotic patrion.com/get outside. If you joined at the $5 tier or above, or you get access to our exclusive discord server. And a bunch of our Patriots do a $25 limit. Um, you have 25 $30 limit, uh, secret Santa. And this year, most of us are opening our gifts during a Thursday, um, live video chat thing.
[00:14:10] And this court server, unfortunately, Andrew can’t make that. And I actually know who Andrew secret Santa is. And, uh, she also cannot make that. So Andrew is going to open his secret Santa gift on the podcast.
[00:14:25] I have no idea what this is.
[00:14:28] Andrew: I can’t, it feels like there might be a shirt in here. There’s also something else that’s from, and it doesn’t, it doesn’t make sound. When I
[00:14:36] Emily: shake it,
[00:14:40] Andrew: the padded envelope does feel very like
[00:14:44] Emily: it’s got a nice quality to it. We’re not an egg shaker. No.
[00:14:53] Andrew: So close
[00:14:56] it’s wrapped.
[00:14:59] Emily: Ooh, God that’s classy. I just, I just had mine shipped directly from the seller
[00:15:07] and I wasn’t paying for shipping twice. I’m sorry. I had to keep it closer to $25. Uh,
[00:15:14] Andrew: I went a little over, but it was in the spirit. I think it should have cost $25, but that’s what I’m going to go with. All right. So I’ve got two, two items plus a card. I’m going to assume that I should open the card first.
[00:15:31] So I will set the items down.
[00:15:32] Emily: Dang. I feel you should. Mine’s due to arrive on Tuesday.
[00:15:48] It’s so cute.
[00:15:55] It is says Chris Christmas for the listeners.
[00:16:01] Andrew: All right. Says Andrew hope it’s perfect. Have a wonderful Christmas with your family. Hope you enjoy your gifts. I look forward to listen to the pod in the new year. Cheers pink octopus.
[00:16:15] Emily: That’s Holly, that’s our, that’s our Patrion supporter and friend Hallie.
[00:16:20] Thank
[00:16:20] Andrew: you, Holly. All right. Start with a smaller one and work my way up to the bigger one. That makes sense,
[00:16:26] Emily: right? Sure. Unless, unless they’re numbered then that yeah. It’s dealer’s choice. Yeah. Yeah. It’s not
[00:16:34] Andrew: that that’s
[00:16:35] Emily: number one. It’s number. Oh, wait, he’s making it up. He’s making a joke. He’s teasing me. I don’t know.
[00:16:47] I don’t know. Oh no.
[00:16:57] So
[00:16:58] Andrew: the natural progression of me opening a present is I’m going to try and open it as cleanly as possible to, oh, just a little terror. Hey, you know
[00:17:05] Emily: what.
[00:17:09] I hear a gasp. Um, he’s looking with wonder it’s an egg shaker. He realize that
[00:17:20] Andrew: I am lying. This is steel city salt. Uh, coffee rub in partnership with seeks
[00:17:27] Emily: coffee. This is so applicable to the, the damn topic of the podcast as we started, as you are an old man who smokes meats. Great. A-plus
[00:17:42] Andrew: so this is got, uh, Zeke’s gunpowder espresso.
[00:17:47] Zeke’s Royal blue, red, Hawaiian, C. Oh, Zeke’s roll blood. Something else of wine, sea salt, garlic toasted onion, peppery Gunn. Tell the cherry black pepper, uh, I’m a real chili pepper and cane sugar. So that is perfect. That is not low to the preservatives. That is just, that is a down-home. What am I going to do with this
[00:18:07] Emily: pork?
[00:18:09] I don’t know. Steak actually say coffee rubs great with steak. I think. Beef at least. Yeah, maybe a brisk. Ooh.
[00:18:18] Andrew: I guess it was one of the other ideas I had and I don’t hate that idea.
[00:18:23] Emily: You’re going to have me over for it, whatever it is, Rick and
[00:18:28] Andrew: overdue. Uh, yeah, so that
[00:18:33] Emily: I come over after my LASIK surgery, like swear to
[00:18:36] Andrew: God, not staged.
[00:18:39] Who’s legitimately making bacon this morning. I was up late last night. So that is, that is perfect. All right, so I got something else that feels like it could be a shirt. Now, if I remember correctly, I put on the, on the wishlist.
[00:19:00] Just a general, send me a t-shirt and I will wear on the podcast, no matter what it is last year, secret Santa didn’t take advantage of that this year. I forgot that it was still there because through the same, uh, dashboard that we use,
[00:19:15] Emily: I don’t realize make promises like that.
[00:19:18] Andrew: I made that promise. So I might have to step off camera to change here in a minute.
[00:19:24] Emily: We’re doing an episode after this. Yeah, but
[00:19:35] yeah,
[00:19:44] it
[00:19:44] Andrew: feels nice and soft. It says next level apparel on it,
[00:19:49] Emily: and this is brand good. Make, oh, it’s an Ernie ball shirt. I love. But looking at the back. Oh my God. That’s a great shirt on the back. It says slinky till death. And it’s a grim Reaper with a double-neck guitar. That’s dude. That’s dope. You can’t we’ll have church though.
[00:20:15] Andrew: I don’t see why not. All right. Hang on a second. Here we go.
[00:20:26] Emily: Yeah. Thank you so much for your support, Holly. And again, if y’all want to get in on this action next year, uh, hit us up on patriotic patrion.com/get offset. Uh, The $5 or above level. That’s the Patrion level. I can just see Andrew just threw his shirt across the screen for those who are listening. Um, so a weird, this is very weird and unsettling.
[00:20:53] Um, Yeah, thank you to all of our Patrion supporters. I’m personally looking forward to joining y’all on Thursday live and the discord server, um, where I’ll be opening my gift. That’s due to arrive on Tuesday. I’m very excited. I have no idea. I actually did look up to see who Andrew’s person was, um, before he went live with it, but he actually knew who it was when he got it in.
[00:21:19] So yeah. Nice. Oh, that is nice. Good fit. Good fit.
[00:21:29] Andrew: I am hyped.
[00:21:30] Emily: It’s like a shirt.
[00:21:32] Andrew: Oh, this is perfect. Yeah, this is
[00:21:37] Emily: nice.
[00:21:38] Andrew: Double winner, triple winner with a card. This is perfect. Thank you so much.
[00:21:43] Emily: Chicken dinners,
[00:21:45] Andrew: several Holly. That was very kind of you. I really appreciate it. And thank you for being part of this very special secret. I
[00:21:52] Emily: didn’t see. No man golf clubs.
[00:21:59] Cheers. Cheers. Nice. Yes. So this episode of the podcast is sponsored by patrons. Of course, it’s also sponsored by the Caroline guitar company. Oh, I shoot. I do have a what’s new. Do I have like. Do I have clearance I’ll make clearance. Nope. I’ll make clearance. It’s going to,
[00:22:35] Andrew: I believe in you it’s like watching, like, uh, some like climbing up a mountain, like belay,
[00:22:43] Emily: pulleys. Don’t
[00:22:45] Andrew: judge me. I absolutely do too. Oh, that looks like it looks like what? I
[00:22:49] think
[00:22:50] Emily: it looks like
[00:22:53] Andrew: she has no idea what he was saying.
[00:22:55] Emily: What should I say before she plugs it? I’ll find out later. Remember the. I do remember that for those who remember, I’m holding up a gold, a gold Telecaster with a B vendor. This used to be the Gatlinburg fever dream. This used to be the cloud titty guitar and
[00:23:22] well Philly from Carolyn guitar company. And I now have. Golden girls that G art we had G and is refinish and, um, B Ferguson’s gets hard is a I forget what exactly we call it. Flyweight, I think, um, gold and it’s beautiful. It smells like nitro nitro. Yes. So I just need to dig up all the parts again and.
[00:23:54] Put her back together. I’m really excited.
[00:24:00] Andrew: Oh, that body sounds so resonant. You can hear that. Yeah. That’s cool. Guitar, body resonance, ASMR
[00:24:13] Emily: so much SMR today. So yeah, I’m really excited about this. It’s a beautiful instrument, but a. Uh, fully good point out that the, uh, routing job has, is not the cleanest thing I’ve ever seen in my life.
[00:24:34] No, nor, nor nor mine nor my life. So, yeah, I just need to tighten that. Cause that was already bothering me.
[00:24:50] Whatever
[00:24:53] I missed the whole. That’s what he said.
[00:25:01] All right. And you didn’t laugh at that.
[00:25:07] All right. So yeah, this episode of the gossip podcast is sponsored by the Caroline guitar company. Um, I bought. The, uh, new, not new. I bought the Hawaiian limited Hawaiian pizza. It’s not doing pizzas, which can only be one thing.
[00:25:30] Stereo Hawaiian pizza.
[00:25:37] Ah, uh, but that went to a good cause. A portion of proceeds going to the victims of the tornadoes in the Southeast recently. Southeast slash Midwest God, that was just like a line of swarm. So I love that Phillipe does that. Um, when he has this limited runs, um, apportion, the proceeds he’s always goes toward a very important cause.
[00:25:59] So yeah, very excited that, and then I have the crumb over there. Um, so, um, yeah. Now if I have a couple demos left in my pipeline, um, then I’m going to try to take care of this week and then I’m going to play with some things that I actually have. I just, you know, vote for fun and maybe do some fun videos with it.
[00:26:30] Like, so I did the chrom. I bought that for fun. I want to do the Hawaiian pizza. Um, I have a. Uh, stereo tremolo from Callan bread. I bought for fun. Um, on the advice of Matt Ferguson from, uh, Yamaha, uh, lots of really cool things. It’s gonna be kind of like a show and tell I think, but you know, not necessarily things that are, you know, in production, but things I enjoy.
[00:27:00] So, you know, totally. It’s my demo channel. I do what I want.
[00:27:09] That’s how I feel about it. Yeah. Um, yeah. That’s, that’s all I got to say about it. Uh, what else do we have to say before we get into the topic? Anything else you want to say?
[00:27:26] Andrew: I dunno. I’m just basking how comfortable the shirt is. It’s like a really nice, very soft cotton. This is actually
[00:27:32] Emily: really comfortable for.
[00:27:34] This is a really comfortable sweater vendor. Thank you fender for sending the sweater. Thank you fender. Have you seen, I’ve done some, uh, Christmas tutorial videos, like how to play Christmas songs? I did. Yeah. Did you learn any of them? No. So, so far I’ve done a Christmas time is here. Which is relatively easy.
[00:27:56] I think.
[00:28:14] Relatively easy. And I think it was like, sure. Yeah. Then I think a baby it’s cold outside. It’s kind of hard.
[00:28:29] I don’t know that one from memory as well.
[00:28:35] Um,
[00:29:01] Yeah, not, I, I remembered it better for the tutorial. I like, I have it written down, so I it’s like it’s wild. How, like there are songs you remember. Perfectly. And then there’s something you like, I’m 80%. Remember how to play it. And I, if I like did it really slowly, I could a hundred percent play it. If I had the sheet music up there and just kind of glance at it every once in a while I can play it pretty fast and like perfectly, ah, I guess that’s how being a musician works.
[00:29:36] I also feel like I remembered songs a lot better when I was younger. I think that COVID brain, but I’ve also, um, This is the one that I really, I think I might do next if I ended up doing another one. Cause I don’t, I don’t know if the views are worth it.
[00:30:28] What’s the next part. Yeah.
[00:30:36] It’s somewhere in my memory from home. And that was pretty easy until you get to this part.
[00:31:16] That is big reach.
[00:31:20] It’s a big reach to call that easy. I don’t know. Mostly backwards. Yeah. So I don’t know. Uh, there’s a fucking ant on my mixer. Bart, get off. No, go away. Don’t crawl in there. Why are there ants in December? That’s a good question.
[00:31:46] I mean,
[00:31:46] Andrew: it hasn’t been that cold in Seattle, so it’s possible. They haven’t gone full hibernation two and two aunts hibernate.
[00:31:54] Emily: No, there’s no food in here. I guess. I’ll figure that out soon. Um, Cool. Um, so yeah, topic, sorry. I really got farther away from that. Um, there has been a lot of news this year about, um, it started with Bob Dylan selling off his catalog for a ton of money.
[00:32:20] Um, not a billion dollars, but uh, hundreds of millions of dollars and has come into. The news again recently because, um, the boss himself, Bruce Springsteen sold his catalog, including any masters. He had the rights to, which is probably not a lot of them. Um, and his publishing for $500 million. That’s a lot of money and people have been kind of wondering, like, why are these.
[00:32:56] Especially aging rock stars selling their catalogs, bro. Yeah. I was having a discussion with someone and uh, one of the groups about it and uh, she called an asinine that people would do this and I’d disagree. But I can understand why people would think it’s a bad decision. Um, because we’ve been told for years as musicians, as songwriters, uh, you keep the rights to your songs.
[00:33:25] Uh, just, and stop. You’re told that you’re told that until you actually studied music business. Like I didn’t take publishing classes. And the idea is you don’t sign your rights away, Willy nilly, you don’t sign them away to get a contract. You don’t sign them away to get a deal. And we learned this from people like Tom petty.
[00:33:50] We learned this from people like the Beatles. Uh, this is just a really bad business decision to make early in your career. Right. And, um, do you know why.
[00:34:03] Andrew: Well, because that really kneecaps the amount of money that you can bring in through York. Yeah.
[00:34:10] Emily: Yeah. It’s so perfect. Yeah. So the, the big way that you make money as a songwriter is through royalties and there are multiple royalty streams, um, including mechanical royalties.
[00:34:24] So mechanical royalty is every time. Um, it used to be just, it used to be just mechanical meant every time. Uh, your record is. And it kind of evolved to the sold, um, with, with your song on it. So if you had an album, you wrote 10 songs on it. Um, the, the mechanical rate was 9.10 cents per copy sold. You had 10 songs.
[00:34:51] Every time a record was sold, you would get how much money? 91 cents. Yeah. Yes, 10 songs. So you get 91 cents on top of whatever you’re getting from your record label. So that was not subject to any recoupable that was completely separate from your record label deal. So while you were still trying to get, um, money from your record label, because your record label game, they paid you in advance.
[00:35:23] They had marketing fees on top of, so the record label pays you in advance. Has marketing fees has other fees. You have to make all that money back before you can start seeing those are called recoupable goals before you start seeing any money on top of that. And then there’s like a split. So then after that, the record label takes their portion of the split, which is a lot.
[00:35:48] And then you get your porch. And it’s probably not a crate split. It’s definitely not. It’s probably not as equitable even as 50 50. Cause that’s like what indie labels would give you. So they’re taking, they’re still taking most of it, but you start getting that publishing money right away, because it’s not part of your record label contract.
[00:36:07] It’s completely separate. So publishing was important because you would start seeing that money after the first quarter. So that’s three months. Listen. And if you saw you signed that away, you didn’t have that revenue stream. So that’s one example of publishing. And the other, another part is performance that includes live performance, includes radio performance.
[00:36:34] That’s a much more complicated formula, a sign through pro, um, but you would get a portion paid out on that quarterly as well. And it depends on kind of on how popular your music is. Mechanical’s cut and dry. That’s accounting, as you can audit that performance stuff, much more difficult to audit. Um, yeah, so people like Tom petty, especially, uh, were huge voices and, um, movements to educate and inform young song writers to not sell your publishing rights.
[00:37:12] So are the Beatles Paul McCartney, especially. Famously signed away a lot of early Beatles recordings. Um, and those were purchased. They famously by Michael Jackson bought away McCartney’s, um, songwriting underneath out from under him when he was trying to buy it back, uh, ruining a friendship that they had had, which is, you know, fuck Michael Jackson, uh, for that.
[00:37:36] Cause that was just atrocious friendship there. Um, Yeah, it’s really shitty thing to do. Um, so I, I can understand why someone would think, well then why would you sell it now? Because the way publishing works, um, you have those rights. Copyright works is you have the rights to your creative works for your entire life.
[00:38:08] Plus 70 years after your death. So your heirs can, um, continue to make money off of those works for 70 years before they enter the public domain. It Disney has their way that will be eventually in perpetuity, but that’s not, hopefully that never happens. Hopefully things will still be able to enter the public domain.
[00:38:31] Um, so right now, You can look at it like, so Bruce Springsteen is 73 ish. He’s in his seventies. Um, no, Bob, Dylan’s older. All these people who are selling their catalogs, they’re older rockstars and they’ve, you know, made a lot of their money. So they’re not going to be ones making. A huge amount of money from this, but people are still like, oh, but their heirs, their air is, could still make it.
[00:39:08] You’re going to care part of
[00:39:12] Andrew: the same. Okay. So your millions a lot.
[00:39:17] Emily: So let’s, let’s, let’s, let’s talk about this a little bit here. Here are a few reasons why I, if I were 70 years old and the boss would take $500 million over keeping the rights to my music. Bruce Springsteen last year made $15 million from his publishing.
[00:39:37] Uh, he’s 73. Now the average lifespan of an adult male in the United States is 77 years. I hope he lives a lot longer than that, but if I were looking at that $500 million divided by 15 is like 33 ish. It’s in the third grade.
[00:40:01] I don’t think he’s going to live that long. I don’t think he’s, I don’t end. That’s just a break even. That’s just a break even on it. And, um, With that $500 million, he can make investments. He could set up trusts for his grandkids or his great grandkids. All his children are adults. Now they have their own shit going on.
[00:40:26] I would imagine people like Bruce Springsteen and Bob Dylan who were working class people probably don’t super-duper believe in generational wealth. Uh, so I don’t think that they probably super-duper believe in like passing on. All of that money, even if they did
[00:40:46] Andrew: that amount of money is enough to where you can set up a trust for each of your several children and make it live off of dividends for the rest of their lives.
[00:40:56] Emily: Comfortably, you can make investments on that money that can multiply over time. And you have to look at music as like, like not everyone is Disney. You know, and the people who like Bruce Springsteen, like I think Bruce Springsteen crosses generations, for sure. But I don’t think you can guarantee that Bruce Springsteen and 50 years is going to be even 30 years is going to be like as big a brand as it is right now.
[00:41:33] Like, I don’t know if this investment, like, I’m sure there’s investment is going to pay. $500, $500 million. I think, I think this investment’s going to pay off for whoever bought the catalog. I think it’s fine. Sony Sony, because I think they know how I think they’re going to know what to do with it. I think they’re going to, you know, get that money back just fine.
[00:41:55] Just fine. I’m not worried about Sony. I think everyone’s happy in this deal and I think that’s what matters. I think you have to look. I asked him, okay, here’s another thing. Uh, there are possibly going to be changes in capital gains taxes. I don’t particularly understand, but I have read about that. And right now, um, songwriting catalogs are not considered as part of the capital gains tax, but they might be eventually, right.
[00:42:21] So right now, if they sell those off, um, They
[00:42:27] Andrew: don’t get taxed to like 30 something percent of it.
[00:42:30] Emily: Exactly. Um, so that’s another reason to sell it now,
[00:42:35] Andrew: right? I mean, that’s a nine figure difference in taxes.
[00:42:39] Emily: Yeah. Um, another thing is I think that they’ve looked at some musicians who have died recently, like prince and Aretha Franklin and have seen just what a clusterfuck it span around their estates and prince didn’t leave immediate heirs.
[00:42:55] He didn’t have children that were known. Um, and if he did have children, they were, there was somethings weird about it. Like, I will say if prince had children, the only, I don’t think he did, because if he did, there was a trust set up for them that stipulated that the only way they got the money was if they never publicly came out as being his children, because no, one’s come out publicly as this children.
[00:43:24] So I, he didn’t have children. Yeah. Yeah. So, um, I don’t think he had children. He had siblings, he had one full sibling and a bunch of half siblings. People came out of the woodwork. And it was just such a mess that estate and fighting over it and figuring out who’s going to be in charge of, um, the, the, the music part of his estate and just some really shady characters coming in and making terrible deals and getting sued.
[00:43:57] We just make the decision now of who is going to be in charge of your music after you’re gone. Why wouldn’t you make that decision now while you have some agency over. That is probably the smartest decision, because like, look at what happened to Prince’s estate. They there these two absolute like Grifters for lack of a better word.
[00:44:21] It seems that came in, made some weird deals, got their pants suit off of them and just really made the whole estate look terrible during a really awful time for prince and his family. That was, that was awful. I hated watching that as a prince fan. It was atrocious seeing all that happen, like lying and saying that they had like the ability, like they made deals with like Warner or like other like labels for things that they didn’t have access to.
[00:44:48] And they got sued about it. It was very odd. So now to make that decision now. Fantastic, great business decision. Great decision for your legacy. It’s just thinking ahead and also. Bruce wanted $350 million for his estate for his catalog. He got 500 mil.
[00:45:11] Cheers. So feel free to take it, John Mayer.
[00:45:21] Andrew: No, that’s not where he thought I was gonna go with that. But John Mayer posted. Yesterday day before about all of this. And he, it was just a picture of the boss himself. And the caption was successful. Startup owner sell startup for $500 million.
[00:45:37] Emily: And I was like, that’s it no further discussion.
[00:45:42] Andrew: Well past retirement age, 500 million, like, look, there’s a lot I’d be willing to do for a dollar 500 of those. There’s a lot more I’d be willing to do.
[00:45:54] Emily: I don’t quite understand how, how far like $500 million even as from $500,000. Yes.
[00:46:04] Andrew: That’s not a possible than you can’t spend that much in a few years.
[00:46:09] It’s just physically like you could physically impossible. No,
[00:46:15] Emily: it’s it’s bananas. And like, God, I, it’s not asinine to do this. Like his kids, his, his family, his kids, his grandkids, great grandkids. They’re set up for life. Like they can have a comfortable living in. They can just pursue their passions without worrying about being without a home or food.
[00:46:42] Like they, they, they really can, and I’m not saying that they’re going to be rich forever on that money, but they absolutely. If they appeal it. Yeah. Like if, if things are handled well, I absolutely think so. Yeah. Um, and the other, the other thing is. There’s no guarantee that any of his air is wanted to manage the music side.
[00:47:07] Like, I mean, you’d be like, oh yeah. Who wouldn’t want to manage the bosses? Like the state? Like, do you want to manage your fucking grandpa’s a staid? I, I, I don’t like, I mean, I wouldn’t care what it was like, you want to do your own things in like, Kind of no matter what they are, like, if you want to be in the music industry as like your own entity, then you wanna be in the music industry as your own entity, not necessarily as like, you don’t want the nepotism to be that obvious.
[00:47:46] Andrew: Right? Well, I mean so many reasons, uh, but honestly, I wouldn’t blame someone for not wanting to take that on as a cause that’s like a full-time job to manage all that. And I’m single and you’re like, my dad mentioned the, Hey, like, would you be willing to be the executor for my will if there I ever were to pass.
[00:48:08] I’m like,
[00:48:09] Emily: sure. Add that. Yeah, that’s me. But
[00:48:13] Andrew: now that I’ve agreed to it, I’m like really looking forward to that. And it’s not like he’s got a whole life. He’s got like a house, like some furniture, a couple of cats.
[00:48:22] Emily: No, it’s not something to look forward to, but
[00:48:26] Andrew: all right. Aside from like emotional half of the grief, but yeah, I like that.
[00:48:30] That sounds like a lot of effort for something super small states. Not even like the right word,
[00:48:37] Emily: no. And like, but like managing it’s also, I would have to imagine also like Bruce Springsteen, that’s a lot of pressure. That’s a lot of work. That’s not something you want. Uh, an air to manage, unless they’ve literally been training for that their whole life, like you want professionals to manage something of that magnitude.
[00:48:56] Like,
[00:48:57] Andrew: if I was like one of his five kids, like, yeah, I’ll take a 500 or I’ll take a hundred million, please.
[00:49:03] Emily: Actually. Yeah. How many
[00:49:08] rape?
[00:49:12] Andrew: I’ll be
[00:49:12] Emily: 72. I’m sorry, Bruce Springsteen for saying you were 73. Now my bad. Let’s say personal life. Let’s see.
[00:49:30] 1991. First child, Evan, James. 1990 first child, 91, they got married. Second child, Jessica Ray, 91, third child, 94. So I can say I have sir three kids. The youngest was born in 94. Stay as a firefighter. Oh, and, uh, the daughter, I forgot she won a silver medal at the Olympics. So she’s an equestrian. She doesn’t give a shit about like run the music business.
[00:50:12] I forgot. That’s pretty cool. Yeah. So like, obviously like one gets a firefighter, one kids are the question. Um, let’s see, who has an. W a Wikipedia page, obviously, because she’s a silver medal winning Olympian. Yeah. Um, Jessica, Sam,
[00:50:38] Andrew: and then the kids are Sony executive. I mean, what are the odds?
[00:50:43] Emily: Yeah, they’re kids like my age yet.
[00:50:45] So like they’re all adults. Uh, oh, he, he, there’s a picture of him with a guitar. Yeah.
[00:50:56] Let’s see, 31. He went to Boston college. Nice Boston boy, Westin, Boston. Um, yeah, there’s nothing.
[00:51:14] Andrew: So all that said like, at the end of the day, it’s like his decision. He can do whatever he wants with it. But this is far from like the, the scenario where you, we warn young musicians against this is like, no, like this is it.
[00:51:27] It seems
[00:51:28] Emily: reasonable. Yeah. This is, this is kind of like the best case scenario like that you have a catalog that’s worth $500 million and somebody wants to buy it for you at your retirement age. And kind of like the, the last thing I want to say. Bruce probably made a lot of money from touring. Cause he was playing like arenas.
[00:51:47] He’s playing a lot. Probably doesn’t need the 500, but maybe he does. He lost, he probably, he probably lost a lot of money, a lot of potential revenue from COVID like he tours a lot and probably doesn’t want to tour as much anymore. Like maybe COVID and not touring. Maybe he doesn’t want to tour as much.
[00:52:12] Like he does marathon three hour shows he’s in his seventies now. Like I’ve seen him, I saw him in his sixties doing like three, three and a half hour shows like, like sliding around on a stage. I’m like, damn dude.
[00:52:27] Andrew: Yep. Uh, it’s also entirely possible that you see maybe him getting into a little bit of philanthropy in his older age, and that’s not uncommon for people in that stage of life.
[00:52:38] And they’ve got some money to, they don’t know what to deal with. Yeah. Curious to see what he does, but ultimately, uh, talk about a success story. So cheers in the boss. Congratulations on your deal and your retirement.
[00:52:51] Emily: Yeah. I, I told you that retired and he just released music. Like he’s not, this is not retirement.
[00:53:00] It’s
[00:53:00] Andrew: functional retirement. He doesn’t need money at this point. He’s just going to have fun and do whatever he wants to do. It’s
[00:53:06] Emily: a long way everyone wants to do for like, since the nineties. Right. I think that’s all. I think he would fuck. You went fuzzy.
[00:53:14] Andrew: Oh, to be functionally retired.
[00:53:17] Emily: You went out of focus.
[00:53:20] Andrew: Yeah. Just, no, that’s not. It’s in focus. That’s just how sad I am on becoming hazy.
[00:53:24] Emily: Hazy. That’s fine. All right. Ah, that’s that’s like, that’s the gist of it? Like, uh, you know, I will say, so going back to that, Being in the music business. Like one thing I will say is that you always knew when someone like a younger songwriter needed money, when you would see that they were selling some of their publishing, it was always like a cash money move to sell your publishing.
[00:53:50] And sometimes like when you see someone younger doing that, you can, you can be assured that like maybe they were going through a divorce or, or needed some. Yep. So like, you know, when you, when you’re younger, absolutely. Hold on to that publishing hoard. It hoard that publishing never, never sell, never sell it.
[00:54:12] Like, um, you know, if you’re actually, but if you actually co-writing something with somebody, be fair, be fair with how much, like
[00:54:21] Andrew: I get 70%.
[00:54:24] Emily: And for the record, not every split has to be equal splits. Like if you feel like someone only contributed 25% of a song that you were at the other 75%, that is something that you can absolutely do in your split sheets.
[00:54:36] So do that. Um, but yeah, that’s, you know, keep it when you’re younger and if somebody wants to buy it for $500 million, when you’re older, do it, it’s like the same idea of like, when you win a lottery, if you win the lottery, you’re offering. A lump sum or like an annual cash payout every year of like an equal amount.
[00:54:58] Take the lump sum, always take the lump sum and invest it because that’s because
[00:55:06] Andrew: of inflation.
[00:55:07] Emily: Yeah. Um, but yeah, I think that kind of another ant that’s not a good thing. Oh, Christ.
[00:55:15] Andrew: It’s going to yell at them. I am not your niece that makes me go away.
[00:55:32] As opposed to, as opposed to uncle’s
[00:55:38] Emily: great. Um, cool.
[00:55:45] Andrew: Okay. Well that didn’t
[00:55:46] Emily: land on. I get it.
[00:55:53] Neat aunt,
[00:55:54] Andrew: uncle,
[00:55:56] Emily: aunt. Nah, I’ve pronounced it. Ant one. What the fuck.
[00:56:02] Andrew: All right, well, we’re going to let Emily become an exterminator.
[00:56:06] Emily: I have some ant baits, I guess. I’ll have Rick set them out. Oh, good noise. Or, um, yeah, I feel like I was like, mid-thought. And now I’m a little bothered by it. Damn it. Um, yeah, she, what was I saying?
[00:56:29] Okay. Wow. Split sheets. No, I think, you know, you know, I just, I just got to get out of this. Got to get out of this thought, get back into that thought. Get out of this thought. Well, we’ll have the thought next week. Okay. All right. I’m going to go talk to Rick about ant baits. Cool. I have literally no idea what I was talking about.
[00:57:02] Damn. Well, please like comment. Subscribe on YouTube. Subscribe on iTunes. Leave a review, please. That’s nice. Um, if you need to buy anything, please check out our affiliate links at Sweetwater and review. Um, uh, those helps out tremendously and don’t cost you any extra money. So if you have some, um, extra Christmas cash and you’re planning on making a purchase, uh, please think of us.
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[00:57:34] Andrew: used affiliate links, uh, for how I put together my wishlist to send a family members. There was no idea.
[00:57:45] Emily: Well, let me know it was on that list. I can tell you if it got bout,
[00:57:49] Andrew: uh, I will find out
[00:57:51] Emily: later. All right. I appreciate it.
[00:57:55] Well, everyone else out there. Thank you for watching and thanks for understanding until next time. My name is Emily and my name is Andrew goodbye.
