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The dominant platform might eventually cut out the labels and afterwards earn their margins. That's why (I assume, I'm not in the music biz) labels stay releva
by darkwater 2y ago
The dominant platform might eventually cut out the labels and afterwards earn their margins.
That's why (I assume, I'm not in the music biz) labels stay relevant for now, because they act or sell themselves to artists as some kind of union to protect them from draconian streaming services. But I might be totally wrong on this.
- throw646577 2y agoAll labels are not the same. Some really do function like unions: groups of artists sharing the functional/procedural/admin burden that comes with keeping their publishing as Saint Francis of Zappa advocated, or paying someone who cares (perhaps a small indie record shop owner) to do that for them as a side gig. Some are little more than asset classes for private equity at this point.
- _yb2s 2y agoNot too long ago music fans were pretty much all agreed the record labels were mostly rent seekers stealing from artists. It seems wild to me that people are now angry that music streaming services are disrupting that and paying artists directly based on actual listens.
- johnnyanmac 2y ago>paying artists directly based on actual listens. that's very likely not the case. hence the issue. Even if it was, keep in mind these are focused in Sweden. This model may only get worse if an american "label" tries this.