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> the framework of casting their work as intellectual property has impoverished rather than enriching them Some hit artists might disagree with you. Besides,
by otterley 1mo ago
> the framework of casting their work as intellectual property has impoverished rather than enriching them
Some hit artists might disagree with you.
Besides, the ones who flopped don’t owe the rightsholders money from their own pockets. It’s not a “heads I win, tails you lose” situation for the artists. In some ways an advance is a better deal than a typical business loan. In fact, a business loan is a pretty good approximation of a typical early record deal. The challenge is that it’s often difficult to get artists to understand that.
> The intensity of financial firms in and around downtown Nashville is a testament to how many billions have been diverted from their fan-=>artist path and have instead made their way into the pockets not only of studio execs, but their underwriters and insurers.
Well, yeah. For every hit artist there are thousands of flops. Someone has to bear the risk of developing the artists, building repertoires, fronting the money to make first records, and marketing. It’s an axiom of capitalism that the party that takes the biggest financial risk gets the biggest share of the rewards.
I think what you’re really saying is that you think artists deserve a bigger share of the profits. That’s a fair position to hold, but it’s a rather differ one from the statements I was previously responding to.