Chords for ELECTRIC LIGHT ORCHESTRA - Mike Mansfield - Making Discovery 1979

_ _ _ _ _ _ _ _
[F] _ _ _ _ _ _ _ _
_ By the time this little girl grows up, the marketing men claim we'll live in a video
paradise.
[Ab] No need ever to miss a television programme, because if you're out or watching
another channel, your [G] video machine will record it.
Or if you don't like what's on television,
you'll buy your own [Eb] cassettes, feature films, cartoons, teach-yourself programmes. _ _ _
_ _ _ _ _ The dealers
one [Bb] billion pounds will come from selling the actual machines, [Eb] or the hardware as it's
called in the trade.
In that expectation, the top manufacturers have risked hundreds
of millions of pounds.
For some of them, [Gm] it's their biggest ever investment in a single
[Bb] consumer product.
They're sure they can make video the boom [Eb] industry of the [F] 80s.
[G] Say it.
D.
Say it.
Say it.
_ _ It's gone mad.
Eyebrow.
But there's also the prospect of fortunes
to [Ab] be made in so-called [F] software.
In other words, making the programmes that can be put
on pre-recorded [G] cassettes.
_ _ _ OK, I'll be right down. _
See, I can go downstairs, dust over
the vision mixer, you look after the microphone.
Stefan Sargent is one of a new breed of entrepreneur
that's growing up at the edges of the video industry.
He provides the studios where other
people will make the programmes to sell on [Ab] cassettes.
And Stefan is investing two million
pounds of borrowed money in converting an old school off Carnaby Street into one of
Britain's most sophisticated video production centres.
[G] A month, do you believe?
[G] _ I believe.
_ Stefan Sargent hires [Gm] out studios at up to 400 pounds an hour to people [F] like video producer
Mike Mansfield.
One, and fade out one.
And [C] as you come on, _ [Am] stand by to wipe to camera
four.
[Em] _ _
[G] He's making a programme for a record company who believe the electric light [C] orchestra
should be seen as well as heard.
[Fm] _ _ [C] _
_ [Dm] _ _ _ _ _ _ [C] _
_ _ _ [Am] _ _ _ _ [Dm] _
_ _ [G] _ _ _ _ _ [C] _
_ [F] Mike Mansfield's taking a chance.
There's [Ab] only a tiny demand
in Britain at the moment for programmes on cassettes.
[Fm] But with [C] exports of British television
programmes [G] running at 40 million pounds a year, he hopes [F] for big sales overseas.
_ _ [C] _ _ _ [Am] _
_ _ _ [Em] Stefan Sargent [Ab] persuaded Mike Mansfield to use his studio with the promise of a special
piece of equipment.
But [Gb] even in the heady atmosphere of the [Ab] video world, they're not
immune from the British disease.
Stefan faces a little industrial relations problem.
What are you doing?
_ _ [F] Getting his hair out.
Just trying to get it out.
Why?
Why are you taking it out?
There's so much sawdust.
[Fm]
It's got to [E] be lined up.
That's silly.
This is [G] £90,000 worth of computer here.
Why don't you put plastic over it?
You can't line it up under plastic.
No, but he can put plastic over it when he's cutting it.
We put it back here.
Yeah, but will they ever be putting the plastic on, taking the plastic off?
_ _ _ £600,000.
The editing suite that brings in £300 an hour.
For Ray the chippy, it's just another hole.
How long are the holes going to take?
I don't know.
You must know.
I'm [Am] pleased.
And we're really desperate.
Can you work at night and cut holes?
No. _
_ Come on, you must be able to.
No, I can't.
[F] _ _ _
No wonder Stefan is desperate to get his mixing bank installed.
Interest charges alone cost him £250 a day.
A facilities company like Stefan's can now turn over £2.5 million a year.
But the equipment is so expensive and the cost of borrowing so high
that to make a profit from the software revolution,
he needs to have his studios filled 18 hours a day, 6 days a week.
_ [G] I just wouldn't take any more [G] bookings for downstairs [Ab] until Tony gives us the green [C] light.
Can I see this please?
[Am] Can I see him go back?
Stefan Sargent's [F] gamble may be [G] starting to pay off.
His mixing bank has been installed [C] and it's book solid for the next [G] month.
Mike Mansfield is putting the [E] finishing touches to his [Dm] programme,
[G] embellished with all the effects that electronic [C] gadgetry makes possible.
I still know what I should do.
[F] Confusion.
Can [Fm] _ you make them just arrive?
But in the end, whatever success Britain [Eb] may have in the software sector
depends on the [G] success of foreign companies in selling their hardware,
the video machines, to us.
Those [C] companies are committed to seducing us into buying [Am] 2 million of them
by the end of [Dm] 1984.
And the billion [G] pounds those machines cost
[C] will add another billion pounds to Britain's balance of payments deficit.
_ [F] Confusion.
Into [Fm] Bolivia. _
_ [F] _ You are still alone [Dm] and you just can't [C] carry on.
[Fm] Can't carry on.
You [C] feel there's no one [Dm] there for you to [G] lean on.
Lean on.
_ [F] _ _ [C] _ _ _ [Am] _ _ _ _ _ [Em] _
_ _ [F] _ _ _ _ _ [C] _
_ _ [Am] _ _ _ _ [Em] _ _
_ [F] _ _ _ _ _ _ _
[C] _ _ _ [Am] _ _ _ _ _
[Em] _ _ _ [F] _ _ _ _ _
[C] _ _ _ [Am] _ _ _ _ [Em] _
_ _ [F] _ _ _ _ _ [C] _
_ _ _ [Dm] _ _ [Am] _ _ [Em] _