wesleyverhoeve.com

“Second Lyor Cohen memory: NYU, about 5 years ago. Roundtable with Russell, Kevin Liles, Lyor. I’m moderating. 500+ people in audience. I make the illustration of someone getting a mortgage, paying it back faithfully, then, after the last payment, having a mortgage-burning……party, only to find that the bank has taken back the house. Foul, correct? They listened. I then asked them, in like manner, if……artists pay back advances through royalties, why do labels then take ownership of master recordings? Lyor made this loud, annoyed…..teeth-sucking, displeased sigh sound, and started talking about people having other things to do, as the audience when, “Ooooooo….”When I went there, one of the Def Jam execs sent me a note asking me to not talk about this. I don’t have audio of the discussion because……the Grammy’s, or whichever organization was sponsoring the event got pissed and wouldn’t give me a tape, though they’d agreed to before.” - Harry Allen, via his twitter.