Vinyl Me Please (store, exclusives, swaps, etc)

[NewsFedora]

So nothing else of note from the discord I assume?

A couple of lawyers are weighing in on what is and isn't revealed in the initial filing and a couple of people are inexplicably saying they have more confidence in VMP today than they did yesterday (????) and anyone complaining needs to get over it. But otherwise nah, nothing really more of note.

 

[AndySlash]

true, the better ponderance might be ‘i wonder if severan thinks about all this’.

 

[JonnyH]

It's been publicized that it was going to be a VMP pressing plant for literally years. The board only just noticed it a few months ago?!

Like you say, the lawsuit on its own is nonsensical and full of contradictions that make the VMP board look like idiots. Assuming Cam has good legal representation, I am very curious to see his response to this lawsuit.

In my experience dealing with a few different boards, the assumption one should always make is that the board only knows what it's been told.

They are on the board cause they have money. And they meet quarterly or so, and the people they fired would be the ones presenting quarterly numbers to them.

This isn't a VMP sure is dumb situation. This is a, capitalism sure is dumb situation.

 

[Skalap]

So now it's not VMP pressing plant anymore? Like they won't be pressing THEIR exclusives and THEIR Anthologies at THEIR own pressing plant THEY built and for which THEY hired the best possible people?

 

[Thackeraye]

In my experience dealing with a few different boards, the assumption one should always make is that the board only knows what it's been told.

They are on the board cause they have money. And they meet quarterly or so, and the people they fired would be the ones presenting quarterly numbers to them.

This isn't a VMP sure is dumb situation. This is a, capitalism sure is dumb situation.

Adding to this, the CEO and the CFO will be the main Execs reporting to the Board. They would have been able to control what information is presented to the Board, and how. It sounds like the business had pretty poor controls - if there was a decent Delegation of Authority in place it would have been mentioned in the suit - signing a contract with a $1.5m initial payment seems like something that should have had Board approval.

Will be an interesting story to follow.

 

[Murfocakes]

So now it's not VMP pressing plant anymore? Like they won't be pressing THEIR exclusives and THEIR Anthologies at THEIR own pressing plant THEY built and for which THEY hired the best possible people?

What made you think THEY referred to THEM? The pressing plant that THEY were advertising with the bar twice the size of the QC section was THEIRS very clearly and THEY put it in the magazines and on the THEIR website because THEY owned it but they never, ever said it was THEIRS.

 

[Skalap]

What made you think THEY referred to THEM? The pressing plant that THEY were advertising with the bar twice the size of the QC section was THEIRS very clearly and THEY put it in the magazines and on the THEIR website because THEY owned it but they never, ever said it was THEIRS.

 

[MikeH]

So now it's not VMP pressing plant anymore? Like they won't be pressing THEIR exclusives and THEIR Anthologies at THEIR own pressing plant THEY built and for which THEY hired the best possible people?

Well it’s not wholly theirs is what they seem to be saying but the suit is somewhat vague. VMP is saying there’s no parent company that owns both the plant and VMP itself. And the suit seems to be saying that Cam was pushing this idea of VMP and the plant being one and the same but it’s not.

 

[AndySlash]

It sounds like the business had pretty poor controls

whaaaaat??

 

[Murfocakes]

Anyway over on Discord, I’m so excited for the release of Isaac Hayes Black Moses. It will definitely be to be the sleekest, sexiest, most fantastic, most luxuriating, VMP release ever!!!!

 

[highqualityrecords]

Oh, ABSOLUTELY FUCK THAT!!!

Thank you for the validation, I thought the same.

 

[LeeVing]

Just caught up with all these shenanigans. Glad I opted out years ago.

 

[Hemotep]

Storf this morning:

Far fewer represses moving forward. Madlib repress on Monday.

 

[wmeugene]

Storf this morning:

Far fewer represses moving forward. Madlib repress on Monday.

That’s understandable as the consequence of no longer having your own pressing plant, or at least one strongly affiliated with you.

 

[Melt Face Molly Drop]

Storf this morning:

Far fewer represses moving forward. Madlib repress on Monday.

MY INVESTMENTS!!!

 

[Joe Mac]

How much of that money goes out the door almost instantly though. I thought they’d have at least 50k especially with the international market.

I don’t think they have as big a full time international subscriber base as maybe it might appear. As an international it’s very very expensive and their attitude towards us stinks. I’d say more than you’d imagine just dip in and out for selected releases.

 

[Thackeraye]

I don’t think they have as big a full time international subscriber base as maybe it might appear. As an international it’s very very expensive and their attitude towards us stinks. I’d say more than you’d imagine just dip in and out for elected releases.

Yeah, the prices are fucked for us international kids.

 

[NewsFedora]

Storf this morning:

Far fewer represses moving forward. Madlib repress on Monday.

FWIW Storf has been saying “far fewer represses moving forward” with, like, the announcement of every new repress from the last six months or so.

 

[Hemotep]

FWIW Storf has been saying “far fewer represses moving forward” with, like, the announcement of every new repress from the last six months or so.

This was in relation to a change in strategy with the plant no longer being a viable path for repressing titles. But, yes.

 

[yukbon]

The cracks are definitely showing, even reddit which tends to sway pro-VMP seems to be souring.

that...is not my impression of reddit's userbase general attitude toward vmp