[rboling91]

Great news! It's unfortunate that record labels still pursue a Twentieth Century licensing-based business model. While I do believe that what's bad for major record labels isn't necessarily bad for artists, I do understand the point that record labels acted as quasi VCs for artists prior to the rise of the internet; prior to the introduction of platforms like Kickstarter, there must have been a fairly substantial void in funding, especially in the early to mid naughts. Hopefully sights like Bop.fm can help fill the funding void for emerging artists in combination with crowdfunding sites and streaming platforms.