2 ms·
I wonder how come he didn't mention publishers, who are the people who make the real money in music these days. Sure, record labels make more money in total sin
by DrJokepu 15y ago
I wonder how come he didn't mention publishers, who are the people who make the real money in music these days. Sure, record labels make more money in total since they're very big, but publishers have much much juicier profit margins. There's a reason why Sony paid almost twice as much for the publishing arm of EMI than Universal for the phonographic arm. Yet nobody ever talks about them even though they are very very relevant to discussions such as this.
- tptacek 15y agoProbably because that's not his point; he writes as if conceding that there was something superior about the major label system makes him want to throw up in his mouth a little, but that's better than eating out of dumpsters.