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by smlss_sftwr
1729 days ago
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I mean in a sense traditional record labels are already exactly that for the music industry, it's the same financing and payoff model (record labels front an advance to the artist and recoup the advance and more on album sales/revenue share from touring, 90% of signed artists will likely flop but the 10% that take off could become the next Beyonce or Justin Bieber) |
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