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| Author |
Message |
| 9 new of 22 responses total. |
prp
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response 14 of 22:
| 
Feb 3 21:54 UTC 2000 |
Maybe the offer was for 1,000,000,000 Krona. That cuts it down to $100M.
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mdw
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response 15 of 22:
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Feb 4 01:31 UTC 2000 |
My impression was that Abba was really big at one point, and the
principals were pretty busy building an industrial empire based on the
profits. I doubt they're hurting for money. When I say "Really Big" -
I think they were bigger in europe than the Beatles ever were here.
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krj
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response 16 of 22:
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Feb 4 04:04 UTC 2000 |
prp's explanation makes sense; maybe we'll see a correction in the news
media tomorrow. I don't have at hand the web article I printed off which
listed the top grossing concert tours of 1999, but my recollection was
that the Rolling Stones topped the list at $90+ million. So $100 million
for ABBA would be plausible.
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lumen
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response 17 of 22:
|
Feb 4 05:24 UTC 2000 |
resp:12 what doesn't help is a VH1 episode of "Where Are They Now?"
featuring ABBA said precisely that, as well. I'm assuming, however,
that the record company website could be considered a fairly
conservative source..
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sno
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response 18 of 22:
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Feb 4 20:50 UTC 2000 |
While I'm not expert on such deals, I have to imagine that the contract
offered was laced with contingencies and ownership rights. Very likely,
ABBA members would have lost all ownership rights to royalties to past
and future performances, a la Michael Jackson owning a large library of
Beatle song royalties. In return, a consortium of investors would be
able to do anything they like with the brand and products of ABBA.
Frankly, that's what I'd insist on if I was offering BILLIONS.
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aaron
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response 19 of 22:
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Feb 4 23:10 UTC 2000 |
From what I have read, ABBA members made about $300 million during their
careers. With anything approaching reasonable investment, since the early
1980's, they should be facing the choice of, "Do I want to settle for
having more money than I can reasonably spend, or do I want to have a lot
more money than I can reasonably spend?" Tough.
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beeswing
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response 20 of 22:
|
Feb 5 01:22 UTC 2000 |
Yep. And the dark-haired woman has since married a German prince, so I
doubt she's strapped for cash. I think the others have successful solo
careers in Europe anyhoo.
Abba broke up because both couples (and that's what the band consisted
of, two married couples) split up on very unfriendly terms. You
wouldn't want to work/travel with/spend time with an ex you can't stand.
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sspan
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response 21 of 22:
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Feb 5 05:56 UTC 2000 |
Okay, here's my theory... Bill Gates is a big ABBA fan, and put up the billion
just so he could see them perform live again, and didn't care if there were
any profits from the tour. ABBA, being devout MAC users, of course turned it
down. Hey... it could happen.
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swa
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response 22 of 22:
|
Feb 16 05:30 UTC 2000 |
Re 6: I'm trying to imagine a band of my ex-boyfriends now... kind of a
strange concept... :)
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