This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Why I'm Not Going to the Rock and Roll Hall of Fame Induction Ceremony

PORTLAND, Ore. (TheStreet) -- I could have attended this year's Rock and Roll Hall of Fame Induction Ceremony in Brooklyn.

I could have come in a few days early and seen the folks in Jersey. I could have met up with my colleagues Rocco Pendola and Carlton Wilkinson in Manhattan to see all the places that have closed since I'd been there last and then headed over to Brooklyn for a pre-ceremony beer or two. I could have gone into the Barclays Center with a pair of binoculars and tried to spot Krist Novocelic.

But no, I'm not doing any of these things, largely because they would involve seeing the Rock and Roll Hall of Fame as anything other than music executives' monument to themselves and everything that is wrong with the music industry.

I'd grouse about the arbitrary selection process and the Hall gatekeepers' obsession with iconography, but I've already done it. I'd grumble about how the Hall just picks and chooses which parts of a band's career it like and inducts that portion -- and how even Jann Wenner's Rolling Stone went through more trouble to find reclusive ex-KISS guitarist Vinnie Vincent than Wenner's Hall of Fame induction committee did -- but that's also well-trod ground. I could muse about how real music fans shouldn't care about accolades, how old rockers almost never fade gracefully or why old cranks like myself shouldn't be surprised when music's business overtakes its art, but we've been there, too.

Nope, I'm not going because the whole cynical enterprise leaves me wanting to lurch my lunch into the Gowanus Canal and the pull of nostalgia aimed squarely at me and other members of Generation X just leaves me flat. It all comes at a time when my thirst and enthusiasm for new music is drying up and music itself becomes a smaller corner of my generation's ecosystem. You want to keep up, stay relevant and speak the language you once spoke so much more fluently, but it's a whole lot more difficult to do when music goes through such pains to wring every penny out of the past while having no idea how to handle its future.

It's little surprise that the Rock and Roll Hall of Fame Induction Ceremony comes just a few days before Record Store Day, or the one day a year when fans are actually enthusiastic about purchasing music. At one time -- in the many rock decades before a bunch of executives decided to build their castle by Lake Erie and fill it with all the castoff relics the Hard Rock Cafe wouldn't take -- record sales were themselves proof enough of a performer or band's greatness and legacy. The sold-out shows that followed, the influence on other acts, the occasional shoutouts, callbacks and collaborations with those acts: That was the reward. LCD Soundsystem saying goodbye at Madison Square Garden in front of a crowd full of adoring fans and honored peers after a decade of work was the biggest prize they could ask for, even in the Hall of Fame era.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs