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More from and about
David Kronemyer
This index contains information about, and a content index for,
David Kronemyer.
Mr. Kronemyer formerly was an executive with Capitol-EMI and then with Atlantic Records. He formerly was President of Gold Circle Films where he financed and produced its initial slate of motion pictures, including “My Big Fat Greek Wedding,” which (although an aesthetic disaster) was a commercial success. After leaving Gold Circle he formed his own company, Cerberus Films, which successfully syndicated several large private offerings of packages of film rights. He stopped doing this just on the cusp of the so-called credit crisis, which eradicated the presumptions on which structured financing models were based. The streets of Beverly Hills now are populated by former agents, managers, lawyers and accountants, all of who have turned into wandering zombies because the music and film industry business models on which they premised their careers have vanished. Not wishing to share this destiny, Mr. Kronemyer turned to other more productive activities, such as staring at the wall, studying psychology and playing electro-acoustic music. Track all of this insanity at www.kronemyer.com.
More content by/from David Kronemyer:
Getting the Right Guitar Tone – version 113.5
Article by  |  Tue, 27 Mar 2012 15:00:39 -0400 EDT

Music Industry Newswire COLUMN: It’s a rainy day in Southern California so I decided to fool around with one of the things I like doing best … experimenting with guitar sounds. I must confess I used to be pretty promiscuous with tonal experimentation. I went [...]

Deconstructing the Doors
Article by  |  Thu, 15 Mar 2012 19:35:54 -0400 EDT

Music Industry Newswire COLUMN: When did the Doors’ records start going downhill? The answer to this question is shortly after their third record, however, the band’s incipient tendency to write bad songs is evident as early as their first, as I will explain. The problem [...]

Sun Ra and the Meaning of Being
Article by  |  Fri, 02 Mar 2012 17:44:20 -0400 EDT

Music Industry Newswire COLUMN: African-American spirituality has been expressed in a profound tradition of music dating back to the first days of slavery in the United States. One of the consistent lyrical themes of this genre is the temporality of life, its transience and impermanence, the problem of evil, and the promise of a better world to come.

Who Has a Better Guitar Sound – Eric Clapton (on Fresh Cream and Disraeli Gears) or Jimmy Page (on Led Zeppelin I)?
Article by  |  Mon, 20 Feb 2012 15:02:03 -0400 EDT

Music Industry Newswire COLUMN: This is not about who is the better guitar player, viz, Eric Clapton or Jimmy Page. Maybe the question (and their theoretical rivalry) stems from the fact that both of them were in that smokin’ slab of 1960s pop-psychedelia, the Yardbirds; [...]

Rash of Tuba Thefts Plagues Los Angeles
Article by  |  Thu, 09 Feb 2012 13:24:32 -0400 EDT

Music Industry Newswire COLUMN: The Los Angeles Times recently has carried several stories about a series of tuba thefts that have plagued local area high schools, colleges, bands, orchestras and other performing aggregations. A quick www search reveals that L.A. is not the only jurisdiction [...]

REVIEW: John Bowen’s New Synth – the Solaris
Article by  |  Tue, 31 Jan 2012 16:08:23 -0400 EDT

Music Industry Newswire REVIEW: Yes, OK, it took him a long time to get them done, and some people still haven’t gotten theirs from the initial production run. I am pleased to advise, though, that it is well worth the wait. Ours arrived from Europe [...]

On the Front Lines at NAMM 2012
Article by  |  Sat, 21 Jan 2012 14:41:48 -0400 EDT

Music Industry Newswire COLUMN: For immediate dispatch from the wild and wooly frontier south of Disneyland – after a decade of resisting the blandishments and imprecations of colleagues I finally re-attended this year’s NAMM convention (Jan. 19-22, 2012). NAMM of course stands for the National [...]

Dancing at the Sundance Film Festival
Article by  |  Thu, 19 Jan 2012 14:12:04 -0400 EDT

Music Industry Newswire COLUMN: The Sundance Film Festival begins today (January 19th) in Park City, Utah, and runs for an exhausting 10 days through January 29th. When I was an executive in the independent film business I attended Sundance regularly. I’ll never forget the frisson [...]

Wikipedia Shuts Itself Down (for a Day)
Article by  |  Wed, 18 Jan 2012 13:41:58 -0400 EDT

Music Industry Newswire COLUMN: Somehow the Internet encyclopedia Wikipedia managed to get backed into a political corner where it had to shut itself down for a day (January 18th) in order to demonstrate solidarity with those protesting proposed legislation to restrict the prerogatives of web site owners.

Clear Channel Diversifies into Doing Something, Though Nobody Is Clear on Exactly What
Article by  |  Tue, 17 Jan 2012 18:18:55 -0400 EDT

Music Industry Newswire COLUMN: A press release today (January 17th) from Clear Channel announces a new division called Entertainment Enterprises, to be headed by John Sykes. I think Sykes is a nice guy; I used to work with him when I was at Capitol-EMI and [...]

Deconstructing Pop Culture: Capitol’s Distributed Labels (and the Economics of P&D Deals)
Article by  |  Thu, 07 Apr 2011 17:25:39 -0400 EDT

Music Industry Newswire COLUMN: By 1984 I had become gravely concerned (of course along with other key executives) about the profitability of Capitol-EMI’s U.S. labels. I met with Bhaskar Menon, then Chairman of EMI Music, and told him we needed to re-start a distributed labels [...]

Deconstructing Pop Culture: CEMA Distribution – A Brief History
Article by  |  Thu, 13 Jan 2011 18:57:48 -0400 EDT

Music Industry Newswire COLUMN: Part of a continuing series on the history of Capitol-EMI Music. One of the themes I pursued with Bhaskar Menon (then head of EMI Music) in the early 1980s was the logic of forming a separate distribution company that would operate [...]

Deconstructing Pop Culture: Information Flows in the Entertainment Business
Article by  |  Sun, 09 Jan 2011 19:42:26 -0400 EDT

Music Industry Newswire COLUMN: This note is about what I have come to characterize as the entropy or misalignment of how information gets transmitted in the music and film businesses. I will define what I mean by this, and then illustrate it with two examples. [...]

Deconstructing Pop Culture: Virgin Records
Article by  |  Fri, 31 Dec 2010 22:17:57 -0400 EDT

Music Industry Newswire COLUMN: At the end of the previous post in this series we left the Koppelman regime “in full affect.” It was a truism that at Capitol-EMI during the late 1980s – early 1990s, every six months or so something dramatic would happen [...]

COLUMN: Capitol-EMI in the Late 1980s – Early 1990s
Article by  |  Tue, 26 Oct 2010 19:38:27 -0400 EDT

Music Industry Newswire COLUMN: The history of Capitol-EMI in the late 1980s – early 1990s is one of constant turmoil and upheaval. Management devised, attempted to implement, and then discarded different strategies as it tried to respond to the dynamics and exigencies of a rapidly-changing [...]

The Billboard Top 200
Article by  |  Mon, 20 Sep 2010 20:41:35 -0400 EDT

Music Industry Newswire COLUMN: For some time Billboard Magazine published a “Top 200” chart, which purported to identify the 200 best-selling records in the country. It used a variety of methodologies over time to comprise this data. Initially it relied on “store reports” from a [...]

Capitol Records under Bhaskar Menon
Article by  |  Sat, 01 May 2010 17:51:52 -0400 EDT

COLUMN: In April 1971 Joseph Lockwood (then chairman of EMI) fired Stanley Gortikov as president of Capitol Industries and Sal Iannucci as president of Capitol Records. As Lockwood expressed in EMI’s 1971 annual report, there was “evidence of ineffective management and lack of strong cost [...]

The Last Days of United Artists Records (with Comments on the Thirteen Colonies Syndrome and the Masterpiece Theater Effect)
Article by  |  Sat, 17 Apr 2010 20:11:47 -0400 EDT

COLUMN: I thought it might be interesting to recapitulate the last days of United Artists Music and Records Group, Inc. (“UAR”) and the circumstances under which Capitol Industries-EMI, Inc. (“Capitol”) acquired it. The information set forth in this note is based on my personal knowledge [...]

Capitol-EMI’s Early Management – with Comments on Moral Hazard and the Fading Diva Syndrome
Article by  |  Wed, 07 Apr 2010 19:24:40 -0400 EDT

COLUMN: Johnny Mercer was Capitol’s first president. Glen Wallichs succeeded Mercer in 1947. Alan Livingston succeeded Wallichs in 1961. One of Livingston’s main accomplishments was creating the cartoon character Bozo the Clown. Livingston got fired in July 1968 and was succeeded by Stanley Gortikov. Gortikov [...]

The Early History of Capitol Records
Article by  |  Mon, 29 Mar 2010 23:41:39 -0400 EDT

COLUMN: Johnny Mercer, Glen Wallichs and Buddy DeSylva founded Capitol Records, Inc. in 1942. For a history of Capitol see Grein, P. (1992) Capitol Records – Fiftieth Anniversary 1942 – 1992. Mercer initially capitalized the company with $25,000 (later reports credit both Mercer and DeSylva [...]

Deconstructing Pop Culture: Which would You Rather Own – Warner Music Group, Warner Bros. Studio, or maybe neither?
Article by  |  Wed, 19 Aug 2009 00:24:33 -0400 EDT

COLUMN: It always is entertaining to look at Warner Bros.’ financial results. Throughout its various permutations and incarnations it has remained a diversified entertainment conglomerate with interests in both music and films. It always has been subject to the financial reporting requirements of the U.S. [...]

Deconstructing Pop Culture: 10 Tips for the Hollywood Executive
Article by  |  Tue, 07 Jul 2009 22:26:27 -0400 EDT

COLUMN: Busy savoring that new, close-in parking spot? Well you’d better read this if you want to hang on to it. Hollywood long has been known for its cunning business tactics, callous ruthlessness, cutthroat entrepreneurialism and all-around gleeful back-stabbing. OK, Sammy Glick gained the world [...]

Deconstructing Pop Culture: Why Do People in the Movie Business Look Down on People in the Record Business?
Article by  |  Wed, 10 Jun 2009 23:36:51 -0400 EDT

COLUMN: People in the movie business historically view people in the record business as some kind of inferior beings. Just ask David Geffen when he became Vice-Chairman of Warner Bros. Pictures after a successful career as head of Elektra/Asylum Records. As described in Tom King’s [...]

Deconstructing Pop Culture: Record Label Smackdown – CBS Records v. Warner Music Group
Article by  |  Tue, 02 Jun 2009 22:35:12 -0400 EDT

COLUMN: The conflict between CBS Records and the Warner Music Group is the stuff of record business legend. During the 1970s – 1980s they dominated the U.S. record industry. Walter Yetnikoff was head of CBS Records from 1975 – 1987. Mo Ostin was head of [...]

Deconstructing Pop Culture: The Beatles’ Contract History with Capitol Records
Article by  |  Fri, 15 May 2009 15:26:26 -0400 EDT

COLUMN: My previous post on sales of Beatles albums in the U.S. seems to have precipitated a lot of interest so I thought I’d briefly discuss the history of the Beatles contracts. If you’re interested in reading them, copies of the pertinent agreements are posted [...]

Deconstructing Pop Culture: Things We Know to Be Indubitably True about the Music Business
Article by  |  Tue, 05 May 2009 18:29:56 -0400 EDT

COLUMN: I thought I would make a list of propositions that everybody in the music business can agree on, regardless of their stance on various philosophical, economic and theological issues. In other words these are supposed to be completely neutral and not biased towards any [...]

Deconstructing Pop Culture: How Many Records Did the Beatles Actually Sell?
Article by  |  Wed, 29 Apr 2009 19:58:58 -0400 EDT

COLUMN: The Fab Four once again is in the news with the announcement that remastered versions of their catalog will be available in September 2009 (source: Allan Kozinn, “Beatles Fans Await Re-Releases,” New York Times, April 8, 2009). The Beatles were Capitol Records’ most famous [...]

Deconstructing Pop Culture: How Much Money Has the Warner Music Group Made Since 1968?
Article by  |  Tue, 07 Apr 2009 17:28:49 -0400 EDT

COLUMN: The answer is $5.1 billion pre-tax operating income on $83.6 billion of operating revenue, which is about how much people spend on French fries during one year in the U.S. I went through all of the Warner Communications, Time Warner and AOL Time Warner [...]

Deconstructing Pop Culture: Record Sales and Theatrical Box Office
Article by  |  Sun, 29 Mar 2009 19:08:01 -0400 EDT

COLUMN: The Recording Industry Association of America (“RIAA”) is the trade association for the U.S. record industry. The Motion Picture Association of America (“MPAA”) is the trade association for the U.S. film industry. One of their pretend jobs is to compile and disseminate statistics pertinent [...]

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