Metallica Talks About Fan Rip Offs and Not Needing Record Labels
On whether Metallica needs a major label: "Without offending any of the good people from the record company in the room, no. Let's cut to the chase. . . . The primary — not the only, but the primary — function of a record label is to act as a bank. When you're fortunate enough to be successful and so on, you don't need to rely on record companies as the banks. . . . We're doing a bunch of shows with Trent [Reznor, Nine Inch Nails] this summer in Europe. I look forward to sitting down and talking to him about what's on his radar."
On the proposed merger of Live Nation and Ticketmaster: "We haven't sold out to Live Nation, and we are certainly not planning on it. And we are very, very fortunate that we do not need what they offer to continue to be who we are. Certainly, some of the practices that come in the wake of this — like direct reselling and all the stuff that Bruce [Springsteen] was up against in January and some of these other things — obviously are very distasteful, and downright . . . it's just ripping people off. It's impure. So obviously I'd stand up and scream from every rooftop that I think that's . . . impure." - Watch Lars Ulrich's interview with the Los Angeles Times.
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