|
|
|
|
|
by randxx
4043 days ago
|
|
Back in the day, I paid for music when I went to the store and bought a CD. These days, I pay for music every month of every year, whether I listen to music from that service or not. Every week I check out new releases and see albums from bands and there are no descriptions of either. What do labels really do? Where's the marketing? There's still enough money flowing from listeners into the music eco-system, but the player's aren't doing their job. No sympathy. At all. |
|
Without the record label, the artist can negotiate way better deals and doesn't have to pay over 90% to record labels that just don't care about them. Does Spotify not negotiate with individual artists? I wouldn't be surprised and that would explain a lot of this. Still, there are many other ways of distribution and promotion that artists could seek out with the 90%+ of the earnings they're no longer giving up.
As far as I can tell, it no longer matters to most artists' financial standing if listeners are obtaining their music legally or by piracy since the bottom line is essentially the same (asymptotical to zero) for all but the most successful musicians.