Quote:
Originally Posted by **********
Whoever drew this is clueless. Record companies help musicians by promoting them, paying for studio time, music videos, licensing their music and getting out to the masses.
Sure acts could do this themselves but it is expensive and they usually don't have the big bucks to compete. Record companies invest (or 'bet") on a band hoping for big payoffs later on.
The "music should be free" people just don't understand the music business or business in general. Everything costs money.
The past 10 years saw huge amounts of piracy and a major market shift. APPLE for example, saw that people were no longer interested in whole albums, but in individual songs. iTunes made it easy for people to get individual songs, cheap enough to put a small dent in piracy, while still putting money in artists pockets.
As for $175 for a concert ticket, people should not complain. This compensates the band for losses due to piracy, and affords bigger shows with better and better production values. Of course it is unaffordable for alot of people, but since others are more than happy to pay this price to see their band, and since forums and stadiums even sell out at these prices, it is unlikely that prices will ever come down. It's not greed, it's the reality of the market.
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I think you're the one who has no clue what you're talking about. The ARTISTS COVER ALL OF THOSE CHARGES. NOT THE RECORD COMPANIES. They just front the money.
Now back to the topic at hand.
The model needs to change. The model WILL change.
20 years ago artists had no other means to distribute their music. So record companies would take chances and put money into distribution and promotion (concerts, videos, etc). IN THE END THE ARTISTS ALWAYS END UP COVERING THOSE CHARGES and usually lose. It's very rare that someone becomes a millionaire off of music. Just take a look at the amount of music that is out there and now create a list of the 100 or so millionaire popstars in the last 10-20 years. VH1's Where Are They Now was a depressing fucking show. As soon as the labels stopped believing in your money making ability you were no longer allowed to make a living off of music. They cut off your distribution.
Today. Artists can distribute music themselves. Making a living off of music (not necessarily a millionaire) can now become a reality. Becoming a millionaire is of course less likely this way. But earning a living off of music is possible.
All it's going to take is the right music discovery platform/service/application/model. There's millions of dollars being poured into this right now for good reason.