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Originally Posted by PeeWeeGee  But I think you (and others) are being disingenuous when you present the labels' "tale of woe" like they are the victims of some great conspiracy. They are playing a HUGE part in their own demise. |
I'm not sure anyone is presenting this as a "tale of woe" for the major labels or suggesting any kind of conspiracy and putting those words in our mouths is not really making your argument appear honest.
Fact of the matter is there
was a fairly lucrative
middle class that existed within the music industry and within major labels. Major labels had developing artists with moderate budgets that paid producers, studios and engineers. Those mid level budgets got their money from the super huge artists. Yep. All of the super popular crap that most here hate was where the money came from for the development and exposure of all of the more interesting sub-popular music. It really shouldn't require a masters in logic to understand that when that money starts drying up the labels will be focusing their resources on whatever can make the most money possible.
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The self-aggrandizement of the artists and music heads (mansions, yachts, diamonds, etc.) don't endear them to their consumers.
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Maybe you don't live in america? Maybe you don't remember the hugely popular show "lifestyles of the rich and famous"? Maybe you haven't seen "cribs"? Maybe you have never seen a rap video or heard of a word called "bling".
I assume that you haven't because if you had you would have not typed that statement.
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Major labels still give paltry percentages to the artists;
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Fvck that repetitive ill informed note.
If an artist held onto their
publishing they could make a fvckload of money (note I used the past tense as 360 deals are now the norm). It's precisely how I turned a profit with a major label deal and they ended up hundreds of thousands of dollars in the hole.