15th December 2011
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#2 | | Lives for gear
Joined: Oct 2002 Location: LA
Posts: 3,116
 | Quote:
Originally Posted by rack gear  this isn't that "record labels don't know how to adapt and evolve" | and who owns spotify again?
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15th December 2011
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#3 | | Gear Guru
Joined: Mar 2008 Location: the big rack
Posts: 11,256
Thread Starter  | Quote:
Originally Posted by initialsBB and who owns spotify again? | in part, the four major labels are equity partners... the whole thing stinks.
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15th December 2011
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#4 | | Lives for gear
Joined: Oct 2002 Location: LA
Posts: 3,116
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exactly, so it kind of is about the labels not evolving, no?
or rather, they've managed to adapt to a streaming business model but have done it in a way that screws the artists. which I personally think is kind of short-sighted.
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15th December 2011
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#5 | | Lives for gear
Joined: Apr 2009 Location: State of Insomnia, sleepless USA
Posts: 2,181
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Spotify isn't the only streaming option out there...
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21st December 2011
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#6 | | Gear nut
Joined: Oct 2010
Posts: 85
| Quote:
Originally Posted by rack gear in part, the four major labels are equity partners... the whole thing stinks. | Source?
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21st December 2011
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#7 | | Lives for gear
Joined: Jan 2004
Posts: 710
| Quote:
Originally Posted by nessup Source? | It's well known. Use Google.
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21st December 2011
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#8 | | Gear nut
Joined: Oct 2010
Posts: 85
| Quote:
Originally Posted by sventvkg It's well known. Use Google. | Gladly: spotify equity partner - Google Search
Not a single result exists that substantiates your claim. So, I ask again:
Source?
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21st December 2011
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#9 | | Lives for gear
Joined: Oct 2002 Location: LA
Posts: 3,116
| "When it launched in October 2008, Spotify publicized music rights deals with Sony BMG Music, Universal Music, Warner Music, EMI and Merlin.
Behind the scenes, these five music companies were at that time made shareholders in Spotify. Combined, the record companies paid just €8,800 for an 18 percent share of Spotify's stock, according to financial filings obtained by Computer Sweden from the Trade Register of Luxembourg, where Spotify is registered." Streaming Music Site, Spotify, Has Major Music Label Ownership | PCWorld http://www.guardian.co.uk/music/musi...labels-spotify | |
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22nd December 2011
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#10 | | Gear nut
Joined: Oct 2010
Posts: 85
| Quote:
Originally Posted by initialsBB "When it launched in October 2008, Spotify publicized music rights deals with Sony BMG Music, Universal Music, Warner Music, EMI and Merlin.
Behind the scenes, these five music companies were at that time made shareholders in Spotify. Combined, the record companies paid just €8,800 for an 18 percent share of Spotify's stock, according to financial filings obtained by Computer Sweden from the Trade Register of Luxembourg, where Spotify is registered." Streaming Music Site, Spotify, Has Major Music Label Ownership | PCWorld Behind the music: The real reason why the major labels love Spotify | Music | guardian.co.uk | Precisely -- 18% combined. That's 4.5% for each company. Hardly significant to qualify as "ownership," as being an equity partner would.
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22nd December 2011
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#11 | | Lives for gear
Joined: Oct 2002 Location: LA
Posts: 3,116
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uh.. what's your definition of "ownership" and "equity partner"? Because those percentages might be somewhat small (I mistakenly thought they were around 18% for each of the 4 majors) but they still amount to ownership and equity by any definition of the term.
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24th December 2011
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#12 | | Lives for gear
Joined: Mar 2005 Location: Denver CO
Posts: 1,622
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I know from the pub comp I'm working with what the black keys are making from syncs right now. 500k a drop plus kush royalties. Those 2 are easily in the top 1% of income in America.
Half of the band Devotcka are my long time friends, they didn't retire from syncs because they had a "indy" publisher. I can respect what those 2 multi-millionaires are saying but let's be real, those cats could afford bently's and houses in Malibu without selling a single record.
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24th December 2011
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#13 | | Gear Guru
Joined: Mar 2008 Location: the big rack
Posts: 11,256
Thread Starter | Quote:
Originally Posted by RyanC I know from the pub comp I'm working with what the black keys are making from syncs right now. 500k a drop plus kush royalties. Those 2 are easily in the top 1% of income in America.
Half of the band Devotcka are my long time friends, they didn't retire from syncs because they had a "indy" publisher. I can respect what those 2 multi-millionaires are saying but let's be real, those cats could afford bently's and houses in Malibu without selling a single record. | but they wouldn't have had the opportunity to get those syncs without first having the ability to sell records... if you can show me the people here getting $500k syncs I'd like to see it: http://www.soundclick.com | |
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25th December 2011
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#14 | | Lives for gear
Joined: Jan 2004
Posts: 710
| Quote:
Originally Posted by rack gear | We all know 98% of the shit up there sucks BADLY. It's the same ratio as it always was right? Just more noise out there. Trust me, people aren't listening to it because it sucks. Quality is still quality, right?
I don't pretend to know how but I still HAVE to believe this will all get sorted out and quality musicians will be able to make a living once again. Don't see people going back to paying what they did for music in the past. For better or worse, music is just to ubiquitous now and the price has been driven down. I can't see real quality music ceasing. Again, we've hashed over this again and again. I'm taking the optimist view for down the road.
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25th December 2011
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#15 | | Banned
Joined: Nov 2010
Posts: 911
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There's little hope of establishing legitimate business models when illegally free is the norm and companies like Grooveshark can operate by stealing content and monetizing it against advertising.
Things change when enough people demand change. It won't happen on its own.
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