[Music] Spooky Tooth & Pierre Henry – Offering

I am well aware that some of my friends and colleagues hate this song, considering it near the bottom of Pierre Henry’s musical canon. So be it.

The reason I’m featuring this tune, however, is for two reasons. First, it was my introduction to Henry’s work. I wasn’t much of a hard-rock guy, and Spooky Tooth didn’t hold a lot of interest for me, but seeing the record cover had me wondering what sort of racket these guys were making. Second, the concept of a rock/experimental mass, based on the Apostolic Christian model, left me intrigued.

I know that Henry’s fellow composer, Pierre Schaeffer, was a devout Roman Catholic, but I read nothing of Henry’s beliefs over the years. Still, it was a nice gesture, an interesting project, and a doorway to Pierre’s far more adventurous works.

[Music] “Tax Scam Records”: Artist Discovers Albums Of His Songs Were Released By Shadowy Companies in 1977

Many thanks to my friend, Al Clark, for originally posting this article from Dangerous Minds.

Here’s a taster of what to expect from the article:

“Tax Scam Records” is a phrase that was coined by collectors to identify albums that are believed to have been manufactured for the sole purpose of—get this—losing money. From around 1976 until 1984, a number of record labels were established as tax shelters, with investors putting their money into albums. A financier would invest, say, $20,000 in an LP, and if it tanked, the backer could claim a loss on their taxes, based on the assessed value of the master recording. Technically, the practice was legal, but to maximize the write-off, the appraisal was often grossly inflated—as high as seven figures.

The I.R.S would come to question the legitimacy of some of these labels, and accuse those promoting shelters that focused on tax benefits—rather than the music being bankrolled—of perpetuating fraud.

Anything was seemingly fair game for a tax shelter album, including LPs previously issued as private press records, demo tapes by aspiring artists, and studio outtakes by name acts. Some labels were so brazen, they released albums using material by groups as big as Led Zeppelin and the Beatles.

Absolutely greasy, but this was, after all, the 1970s.