The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 5 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Jerry Moss refused to offer A&M equity to acquire I.R.S. Records
“Jerry Moss, I wanted to merge with A&M and get shares in A&M. And Jerry Moss had said initially, yes, we'll do that. Then when I went in to finally make the deal, he said, well, we can't give you shares in A&M, but we'll buy IRS. And he quoted a number which w…”
Copeland: Escalating talent costs and bidding wars ultimately killed I.R.S. Records
“Yes, that is exactly what happened to IRS records, which meant that the money I had to offer to sign the act had to increase, which meant the risks increased, and I think in the end it finally killed IRS.”
Warner Bros. outbid I.R.S. Records' $6 million offer to sign R.E.M.
“Jerry Moss and he says, well, I'll contribute you three million. And I was putting up three million. Anyway, I say to the group, this is what we'll offer. And it ended up between us and Warner Brothers. And then the manager and the lawyer come to me and they s…”