internet is not enough, you definitely need money to release your music (cd
or vinyl), and promote and sell it outside of internet. also, because of the
fact that music is so easy to make now ("But now all you need to cut a world
class album is a PC") , there is too much music in the market, and some of
it is really bad :-0
s.
----- Original Message -----
From: "Paul Ressel" <paulressel@mailbox.co.za>
To: <idm@hyperreal.org>
Sent: Tuesday, March 04, 2003 10:13 AM
Subject: [idm] Record companies on the way out
quoted 37 lines Found this in a thesis....
> Found this in a thesis....
>
> The roll of the record company is becoming more and more redundant
> with the advent of the digital age. In The past, record companies
> payed for studio time, distribution, promotion, marketing etc. and the
> average muso trying to make it big couldn't afford to do so.
>
> But now all you need to cut a world class album is a PC, a bit of
> experience and some time. As far as markeing and promotion go... time
> and time again the internet has proved to be a powerful tool for
> getting exposure, minus the large budget.
>
> The point is that record companies are proving to be more trouble than
> they're worth. Why do you think piracy has become such a large issue?
> The musicians aren't losing money because they make 90% of their
> earnings from sponsorship and endorsment. Album sales go pretty much
> into the record company's pocket exclusively.
>
> The US music industry lost $40 Billion in 2001. A sign that things are
> changing. The next few years could difintely see the rise of the indi
> musicians.
>
> Any comments?
> H
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