What Killed the Music Industry???

[KENNY DA COOKER]

the music industry is doing better than it has ever done before

low overhead.....very little to none promotion....360 deals....distribution costs down significantly..increased profit margin...no need for artist development

all due to the INTERNET:

"We (major labels) are making $$ all we do provide the file and it's straight PROFIT"- MARC GEIGER

 

[Wear My Dawg's Hat]

call me crazy, but I don't believe their streaming numbers...I think they're all doing what TIDAL was caught doing

all of us that have streaming service accounts, they use our accounts and shadow stream certain artists songs to boost their sales and revenue

I also believe they'll be caught...the industry put all of their eggs in the streaming basket, and when that fails, there will be literally nothing else

there will always be concerts though

The streaming services do the best that they can to tell a great story about their revenue, even if it means exaggerating their numbers.

Their valuations increase based on the confidence of their investors in the operations of the company. Perception is reality.

That is not as linear as mom and pop music store cash transactions from years ago, where you'd give up your work money for the latest Funkadelic and Frankie Beverly albums, or the Craig Mack 12-inch remix.

 

[King Frost]

Back in 1999/2000, I spent my ENTIRE check to buy one dmx cd and it wasnt even wrapped, they gave me the display one.
Heights of disrespect.
The eve/ruff ryder cds was wrapped though
But vinyl was cheaper in the 90's puff daddy & the family all about the benjamins

 

[Bondye Vodou]

file sharing

 

[TrebleMan]

Music industry is doing great, it's that artists aren't seeing a cut.

 

[Booker T Garvey]

For everybody saying the music industry is doing great, a few questions

- why are so many signed artists still doing hole in the wall venues to make ends meet??

- The industry is still reliant on ad agencies and marketing firms to make $$$, I just heard 24k magic in a candy commercial, you never saw the industry license a hit record to ad agencies WHILE the song was still charting back in the day

- Why are songwriters and artists still not seeing any of all this streaming money?

- Can anybody explain in just 2 or 3 sentences how record labels make millions off of streaming?

 

[3rdWorld]

Too much non-Black involvement in Black music..not being satisfied as listeners from a distance, but their superiority complex telling them they should be active participants.

 

[Dirien]

For everybody saying the music industry is doing great, a few questions

- why are so many signed artists still doing hole in the wall venues to make ends meet??

- The industry is still reliant on ad agencies and marketing firms to make $$$, I just heard 24k magic in a candy commercial, you never saw the industry license a hit record to ad agencies WHILE the song was still charting back in the day

- Why are songwriters and artists still not seeing any of all this streaming money?

- Can anybody explain in just 2 or 3 sentences how record labels make millions off of streaming?

I def understand your point about struggling artists, writers, etc, but the corporations are making a killing. That was TIDAL's whole marketing ploy. Standing up for the little guy, even though they had the biggest names in the music biz out there promoting. Labels make a killing because they have such a high percentage of the royalties coming to them.

 

[Kyle C. Barker]

Technology in general because it lowered the barrier of entry for entering the market. First it was synthesizers then it was computers.

Back in the 70s they had big ass bands

Now you just need to know a breh that's nice on FL studio to make a banger.

I'm sure record companies love this cuz they can downsize on musicians.

 

[Booker T Garvey]

The internet

Music is too accessible now.

Its not special anymore.

this is partially true IMO; the internet started popping off in the late 90's, when i started getting on there in my mid teens

music didn't become less exciting, I could just look up lyrics, artist info, interviews, watch their music videos (in real player on 56K)

but I still ran out to get their CD's...

this is why I say NAPSTER is what killed it...you still had to buy the album prior to napster; even after Napster was gone the IDEA of getting an album on an MP3 was in everybody's head

 

[BlackBall]

You can look at a lot of things but overall it’s down to quality. Too much of it and not much quality control.

 

[Shadow King]

The music INDUSTRY isn't dead
The bar for TALENT has been lowered/swapped out for character creating so great music is something that consumers have to "go out and look for themselves", contrary to every other form of entertainment.

 

[King Poetic]

technology and record labels executives not grooming artist to be great, but who can bring them quick cash and then throw the artist in the trash..LOOK AT THESE FEMALE R&B HOES

 

[Jasonmask]

Fans. They’re the ones who eat up this watered down music

 

[AlainLocke]

For everybody saying the music industry is doing great, a few questions

- why are so many signed artists still doing hole in the wall venues to make ends meet??

- The industry is still reliant on ad agencies and marketing firms to make $$$, I just heard 24k magic in a candy commercial, you never saw the industry license a hit record to ad agencies WHILE the song was still charting back in the day

- Why are songwriters and artists still not seeing any of all this streaming money?

- Can anybody explain in just 2 or 3 sentences how record labels make millions off of streaming?

The artist always struggled


Very few artists out here make real money...

The label gives money in the form of loans...

Think of artists like screenwriters and directors...only about 10 of them at anytime seeing real money...

The rest of them are struggling

And 24K magic being in an ad is no different than those Pepsi campaigns with Britney Spears or MJ making a legit Pepsi version Billie Jean...

Most money from the music industry comes from licensing the song...

Not tours or selling albums...

It's like TV...

Most of the money in TV comes from syndication

The network producing and airing the show is basically a loan to the creators and actors and etc and everyone hopes the show last long enough so they can get it syndicated and the show turns a profit.

Someone like Dan Harmon has a networth of 5 million and Chuck Lorre got a networth 800 million...

Basically...

Most people in the entertainment industry aren't successful enough to make any real money

The entertainment industry is based on major corporations loaning artists money...in hopes of said artists gaining commercial success thru licensing, touring and box office

Whether it's screenwriters, musicians and etc...

Most artists aren't that commercial successful to warrant getting paid real money...

Not everyone can be a George Lucas or Paul McCartney or Quincy Jones

Corporations are always gonna find new ways to make money...

That's why streaming companies and artists don't make money from streaming but the labels that license the songs do...

Artists never made money from radio play....and very few from CD sales...like a recording contract is just a loan...unless you were MJ, Janet or Madonna...you weren't seeing real money from CD sales...

Basically...it doesn't pay to be in entertainment on the creative side like people think it does