TheTalisman
Ancient Mariner
Yes, that was most likely the reason:. I also remember reading something somewhere that the real reason for no uk shows was something to do with the band selling their publishing rights when Bruce and Adrian came back and playing in the uk would have meant a big tax bill.
"Tuesday, February 9, 1999 Published at 11:39 GMT"
The band is effectively taking out a $30m loan and promises to pay back its creditors through future earnings - a financial tool called 'securitisation'.
I also remember reading somewhere that they payed everything during the duration of the bond, and that the band now receives yearly royalties again on the old catalogue (1980 - 1998 material). They still own the rights to everything too.
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