Demonbaby's output is erratic at best, but even when it's truly bizarre it's generally entertaining. So I was pleased to find this post about the Music Industry in my seasonal sojourne to his site. An exerpt follows:
For the major labels, it's over. It's fucking over. You're going to burn to the fucking ground, and we're all going to dance around the fire. And it's your own fault. Surely, somewhere deep inside, you had to know this day was coming, right? Your very industry is founded on an unfair business model of owning art you didn't create in exchange for the services you provide. It's rigged so that you win every time - even if the artist does well, you do ten times better. It was able to exist because you controlled the distribution, but now that's back in the hands of the people, and you let the ball drop when you could have evolved.I'd heard somewhere just recently that only 75% (or maybe it was 95%) of musicians never see more than an advance check from their record labels, and that most of the profits recording artists make comes from touring and merchandise. So tell me again why anyone needs the Reocord labels? Read the whole thing, it's terrific, and it makes me hope for the future of music.
4 comments:
i keep thinking they will find a way to horn in on the new action.
I'm sure they'll try, but as long as they keep trying the same thing in a new package, they wont have any more success than Bush does in the middle east (unless you're talking about short-term gains that fuck everyone but the current money-gatherers).
if you dug this check out Larry Lessig's presentation at ted.com - fantastic.
Bloody brilliant. Down with the tyrants... everywhere!
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