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by williamcotton
3723 days ago
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Yup, I've read it. Even at it's most grotesque the record labels were still writing checks to artists. That the artists never saw another dime, well, it's a shame they didn't have better legal representation and that there weren't standardized contracts that gave artists better leverage. You can blame this mainly on the cost and access to legal professionals. As we move to cheaper more user friendly types of digital contracts I imagine this will make these types of contract negotiations much more equitable and just. It is still better than today where there are no advances and really no way to ever recoup the production costs unless you completely ignore digital and go back to selling vinyl... which is what most artists are doing. In the next few years we're going to see a wholesale abandonment of digital and social media from musicians because everyone is finally going to figure out that what Silicon Valley has been building for the last decade is an economic desert. Who gives a crap if you're reaching an audience that doesn't come to your shows and doesn't buy any of your wares? |
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